Question

In: Accounting

Imagine that you work for a giant multinational company who need to recruit young graduates and...

Imagine that you work for a giant multinational company who need to recruit young graduates and would conduct a campus drive. What planning and controlling activities will you carry out for this?

Solutions

Expert Solution

PLANNING
Recruitment planning is the first step of the recruitment process, where the vacant positions are
analyzed and described. It includes job specifications and its nature, experience, qualifications
and skills required for the job, etc.

A structured recruitment plan is mandatory to attract potential candidates from a pool of candidates. The potential candidates should be qualified, experienced with a capability to take the responsibilities required to achieve the objectives of the organization.

The first and foremost process of recruitment plan is identifying the vacancy. This process begins
Recruitment and Selection
with receiving the requisition for recruitments from different department of the organization to
the HR Department, which contains:

 Number of posts to be filled
 Number of positions
 Duties and responsibilities to be performed
 Qualification and experience required

When a vacancy is identified, it the responsibility of the sourcing manager to ascertain whether
the position is required or not, permanent or temporary, full-time or part-time, etc. These
parameters should be evaluated before commencing recruitment. Proper identifying, planning
and evaluating leads to hiring of the right resource for the team and the organization.

Evaluation and CONTROLLING

Evaluation and control is the last stage in the process of recruitment. In this process, the
Recruitment and Selection
effectiveness and the validity of the process and methods are assessed. Recruitment is a costly
process, hence it is important that the performance of the recruitment process is thoroughly
evaluated.
The costs incurred in the recruitment process are to be evaluated and controlled effectively.
These include the following:

 Salaries to the Recruiters
 Advertisements cost and other costs incurred in recruitment methods, i.e., agency fees.
 Administrative expenses and Recruitment overheads
 Overtime and Outstanding costs, while the vacancies remain unfilled
 Cost incurred in recruiting suitable candidates for the final selection process
 Time spent by the Management and the Professionals in preparing job description, job specifications, and conducting interviews.

(In case of any query, please leave a comment below, if the answer was helpful, please leave a thumbs up)

Thanks!


Related Solutions

Imagine that you work for a giant multinational company who need to recruit young graduates and...
Imagine that you work for a giant multinational company who need to recruit young graduates and would conduct a campus drive. What planning and controlling activities will you carry out for this?
Imagine you work for a multinational corporation and considering accepting an international assignment to work in...
Imagine you work for a multinational corporation and considering accepting an international assignment to work in the firm’s Tokyo branch for three years. The task you perform will be as similar to the one you perform in your own country, but will give you an international experience in which you believe may benefit your future career aspirations. You are single. Use the web to compare the cost of living in your home city with that of Tokyo (for items like...
Young Professional magazine was developed for a target audience of recent college graduates who are in...
Young Professional magazine was developed for a target audience of recent college graduates who are in their first 10 years in a business/professional career. In its two years of publication, the magazine has been fairly successful. Now the publisher is interested in expanding the magazine’s advertising base. Potential advertisers continually ask about the demographics and interests of subscribers to Young Professional. To collect this information, the magazine commissioned a survey to develop a profile of its subscribers. The survey results...
1. Imagine that you work for the central bureaucracy and you need to raise revenue. You...
1. Imagine that you work for the central bureaucracy and you need to raise revenue. You want to use a per-unit tax on some good. There are two possible goods. The current equilibrium price and quantity are the same for both goods. However, for good A,both the supply and demand are more elastic than for good B. The tax will be $1/unit regardless of which good you choose to tax. Which good will give you more revenue? Which one will...
You work in a "planning" clinic and follow a young couple who are planning to have...
You work in a "planning" clinic and follow a young couple who are planning to have a first child soon. Unfortunately the couple experiences some difficulties.Several months later and after several attempts, you have a second meeting with the couple who failed to give birth. You ask thishave a blood sample taken from them. The woman's blood work returns to normal, except for a low levelovarian hormones. Note that the woman is, at this time, in the phase luteal of...
Young David who slew Goliath experimented with slings before tackling the giant. He found that he...
Young David who slew Goliath experimented with slings before tackling the giant. He found that he could revolve a sling of length 0.700 m at the rate of 6.00 rev/s. If he increased the length to 1.000 m, he could revolve the sling only 4.00 times per second. (a) What is the speed of the stone for each rate of rotation? m/s at 6.00 rev/s?______ m/s at 4.00 rev/s?______ (b) What is the centripetal acceleration of the stone at 6.00...
Imagine that you are opening a small company You need to staff this company depending on...
Imagine that you are opening a small company You need to staff this company depending on the nature of the company, the industry and what your strategies are Please tell me how many people you need to hire what qualifications they need to have and how do they help you achieve your strategic objectives for hr subject
For this case study, you ideally will need to recruit a healthy adult competitive athlete. This...
For this case study, you ideally will need to recruit a healthy adult competitive athlete. This person can be a recreational sports athlete, college athlete, or other type of active athlete. Alternatively, you can even use yourself. Note that this is just an academic exercise, so the person you are working with does not need to follow the program. Go through Steps 1 to 8 from Unit 17, provided below, and develop nutritional guidepnes for your subject, dependent on the...
Suppose you work for the HR department at a multinational company. Your company recently decides to...
Suppose you work for the HR department at a multinational company. Your company recently decides to send managers to the following 4 countries: Japan, England, Hong Kong, and Mexico. Your team is asked to suggest potential candidates and formulate a compensation policy for the expatriate managers. Furthermore, you need to provide training for the expatriate managers. What do you see the main HR-related challenges when sending managers overseas? How would you choose potential managers for each country? Why? What are...
You are approached by a 3rd year health sciences student who is trying to recruit you...
You are approached by a 3rd year health sciences student who is trying to recruit you to participate in a study of student mental health.  You are told that it involves an online survey, and covers topics like your current mental health, whether or not you access campus resources for mental health care, past experiences that may have been involved in the determination of your mental health experiences, and how your mental health relates to your academic outcomes during first year....
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT