Question

In: Economics

Evaluating Staffing Process Results The Keepon Trucking Company (KTC) is a manufacturer of custom-built trucks. It...

Evaluating Staffing Process Results The Keepon Trucking Company (KTC) is a manufacturer of custom-built trucks. It does not manufacture any particular truck lines, styles, or models. Rather, it builds trucks to customers’ specifications; these trucks are used for specialty purposes such as snow removal, log hauling, and military cargo hauling. One year ago, KTC received a new, large order that would take three years to complete and required the external hiring of 100 new assemblers. To staff this particular job, the HR department manager of nonexempt employment hurriedly developed and implemented a special staffing process for filling these new vacancies. Applicants were recruited from three sources: newspaper ads, employee referrals, and a local employment agency. All applicants generated by these methods were subjected to a common selection and decision-making process. All offer receivers were given the same terms and conditions in their job offer letters and were told there was no room for any negotiation. All vacancies were eventually filled. After the first year of the contract, the manager of nonexempt employment, Dexter Williams, decided to pull together some data to determine how well the staffing process for the assembler jobs had worked. Since he had not originally planned on doing any evaluation, Dexter was able to retrieve only the following data to help him with his evaluation:

Staffing Data for Filing the Job of Assembler
Recruitment Source Applicants Offer Receivers Start as New Hires Remaining as Six Months
Newspaper ads
No apps 300 70 50 35
Avg No of Days 30 30 10
Employee Referral
No apps 60 30 30 27
Avg No of Days 20 10 10
Employment Agency
No apps 400 20 20 8
Avg No of Days 40 20 10

1. Determine the yield ratios (offer receivers/ applicants, new hires/ applicants), elapsed time or cycle times (days to offer, days to start), and retention rates associated with each recruitment source.

2. What is the relative effectiveness of the three sources in terms of yield ratios, cycle times, and retention rates?

3. What are some possible reasons for the fact that the three sources differ in their relative effectiveness?

4. What would you recommend Dexter do differently in the future to improve his evaluation of the staffing process?

Heneman III, Herbert. Staffing Organizations (p. 683). McGraw-Hill Higher Education.

Solutions

Expert Solution

1

Employment Agency

%

Newspaper Ads

%

Employee Referrals

%

Offer receivers/Application

5

Offer receivers/Application

23.3

Offer receivers/Application

50

New hires/Applicants

5

New hires/Applicants

16.7

New hires/Applicants

50

Day-to-offer

60

Day-to-offer

60

Day-to-offer

30

Day-to-Start

70

Day-to-Start

70

Day-to-Start

40

Retention

40

Retention

70

Retention

90

2.

Depending on the days-to offer that can work per the average number of days that can work per the HR that can consistently apply per position. Depending on the days-to-start shows the average time frame that can work in terms of the staffing process that would work in the end, applicants would have a new position.

As per the above table, the recruitment method can be consecutively arranged; Employment Agency ranks that can work in terms of the referrals ranks depending on the highest, that can employee referrals leads the way (highest ratio) and how there would be offers or applications along with the new higher and or applications. The cycle times that can be analysis per the cycle time for employee referrals that can be shorter 30 whereas that can be dependent on the employment agency and newspaper ads. Retention can create the highest numbers and employee referral ranked that can be dependent on the highest, relating to the newspaper ads along with the lastly employment agency. The Retention data of how the companies with the as a recruitment tool and customers. Related to the company insight and having employee and customer loyalty can work in collaboration to the products are rated. Such as the retention and how their can be employees and customers are low, that can work in employees of not happy and it can work per the opportunity depending on the company that cannot take in terms of the improve employee satisfaction, and it would make it training, motivation or a change in management style. Another can work in terms of the data that can work in terms of the satisfied customers to be sales, or by customer surveys, and then the remedies work per the retain, attract, and influence customers that can work inline to the competitors. Swrve’s a company that can work in terms of the data to analyze the retention of apps depending on the customers stated; “Retention that work in terms of challenge, depending on the short space of time. That also works per the app within a short timescale.

3.

It is important to have the employee referrals that can note the effective method of recruitment with the time lapse and retention that could be working in terms of yield ratio method to no surprise, and how the relationship would be the employees and their employers. The working employees of view of how there can be employment as family, employees that can connect the culture and the requirements and how there can be relevancy to the company going; and it would be not invite or recommend others that would not be atmosphere. Having the method that the employee referral method and how there can be generated the least number of applicants, and how their can be relevancy of the employees current employees prescreened that can be working per the picked and chose that can connect to the best candidates for the position, that would work in terms of recommendations.

Depending on employee referral method Newspaper ads along with the employment agency method that can work in terms of the recruitment depending in the capacity that can work in terms of attracting a large number that can work inline to the applicants that can connect the applicants are not prescreened and how there can be current employees that can connect the newspaper ads and employment agencies that would work per the audience depending on the worldwide web that can have the no real screening.

4.

Determine the Dexter that can connect the staffing process that would be gradually be deepening on. Regular monitoring that can connect the Dexter along with the HR department that can identify the timely manner which would be parallel with the company. Dexter can also include the compare data that can work in terms of internal hiring pool (standards along with the quality of candidates) which can work in terms of the agencies and or newspaper ads. Having the HR department that can dependent on the yield ratios beyond six months. Relating to the Competition that can work talent with the employees and how their can be dependency on the organization that can connect to the valuable asset that can connect to the Dexter related to the use of data that can have the a-like institutes or association to that can connect the accurate facts; such as Saratoga institute that can work per 40% of FTSE 100 and Fortune 500 companies to gather data.

References

Schwartz, N. D. (2013). In Hiring, a Friend in Need Is a Prospect, Indeed. The New York Times, 1.

Spence, E. (2014). Mobile Developers Must Engage And Retain Users Quickly, Says Swrve's Latest App Report. Forbes, 1.


Related Solutions

RicherNYou is a small automobile manufacturer specializes in custom-built automobiles. As a rule, the manufacturer buys...
RicherNYou is a small automobile manufacturer specializes in custom-built automobiles. As a rule, the manufacturer buys the engines from Hoity-Toity Motors, where they are built to stringent specifications. A lot of 40 engines has just been received by the manufacturer, whose acceptance plan is to select eight engines at random and submit them to thorough testing. If none of the engines are found to have serious defects, RicherNYou will accept the lot; otherwise, the lot will be rejected. If the...
At a certain trucking company, 75% of the trucks are on time. A sample of 10...
At a certain trucking company, 75% of the trucks are on time. A sample of 10 trucks are studied. a.) Find the probability that all of the 10trucks are on time. b.) Find the probability that exactly 8trucks are on time.
Since there are no standard ways of creating staffing process results and cost metrics, is there...
Since there are no standard ways of creating staffing process results and cost metrics, is there a need for some sort of oversight of how these data are calculated, reported, and used within the organization? Explain.
The Crossett Trucking Company claims that the mean mass of its delivery trucks when they are...
The Crossett Trucking Company claims that the mean mass of its delivery trucks when they are fully loaded is 3000 kg and the standard deviation is 79 kg. Assume that the population follows the normal distribution. Forty trucks are randomly selected and their masses measured. Within what limits will 95% of the sample means occur? (Round the final answers to the nearest whole number.) Sample means
The Crossett Trucking Company claims that the mean mass of its delivery trucks when they are...
The Crossett Trucking Company claims that the mean mass of its delivery trucks when they are fully loaded is 2550 kg and the standard deviation is 63 kg. Assume that the population follows the normal distribution. Forty trucks are randomly selected and their masses measured. Within what limits will 98% of the sample means occur? (Round the final answers to the nearest whole number.) Sample means             to
Keith’s Trucking Company is replacing part of their fleet of trucks by purchasing them under a...
Keith’s Trucking Company is replacing part of their fleet of trucks by purchasing them under a note agreement with Kenworthy on January 1, 2018. The note agreement will require $6 million in annual payments starting on December 31, 2018 and continuing for a total of six years (final payment December 31, 2023). Kenworthy will charge Keith’s Trucking the market interest rate of 8% compounded annually. (Round to the nearest dollar). A). (2-1/2 pts) How much will Keith’s Trucking record as...
Corp10 is buying custom-built machinery with a contract purchase price of $943,420. The manufacturer has offered...
Corp10 is buying custom-built machinery with a contract purchase price of $943,420. The manufacturer has offered the company a payment plan that would require five annual beginning-of-year payments of $200,000 each. If the company accepts the offer, what will be the total amount of interest expense it will incur over the five-year life of the loan? If the company can buy the machinery outright by obtaining outside financing elsewhere at 2%, should it do or should it accept the manufacturer’s...
Heels, a shoe manufacturer, is evaluating the costs and benefits of new equipment that would custom...
Heels, a shoe manufacturer, is evaluating the costs and benefits of new equipment that would custom fit each pair of athletic shoes. The customer would have his or her foot scanned by digital computer equipment; this information would be used to cut the raw materials to provide the customer a perfect fit. The new equipment costs $111,000 and is expected to generate an additional $44,000 in cash flows for 5 years. A bank will make a $111,000 loan to the...
Crossett Trucking Company claims that the mean weight of its delivery trucks when they are fully...
Crossett Trucking Company claims that the mean weight of its delivery trucks when they are fully loaded is 5,650 pounds and the standard deviation is 240 pounds. Assume that the population follows the normal distribution. Forty-five trucks are randomly selected and weighed. Within what limits will 90% of the sample means occur? (Round your z-value to 2 decimal places and final answers to 1 decimal place.) Sample means _______ to _______
Crossett Trucking Company claims that the mean weight of its delivery trucks when they are fully...
Crossett Trucking Company claims that the mean weight of its delivery trucks when they are fully loaded is 5,300 pounds and the standard deviation is 170 pounds. Assume that the population follows the normal distribution. Thirty trucks are randomly selected and weighed. Within what limits will 99 percent of the sample means occur? (Round your z-value to 2 decimal places and final answers to 1 decimal place.) Sample means ____ to _____
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT