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Recruiting Yield Pyramid ? 2005 Prentice Hall Inc. All rights reserved. 5–* Figure 5–6 Recruiting yield pyramid The historical arithmetic relationships between recruitment leads and invitees, invitees and interviews, interviews and offers made, and offers made and offers accepted. Internal Sources of Candidates: Hiring from Within Advantages Foreknowledge of candidates’ strengths and weaknesses More accurate view of candidate’s skills Candidates have a stronger commitment to the company Increases employee morale Less training and orientation required Disadvantages Failed applicants become discontented Time wasted interviewing inside candidates who will not be considered Inbreeding of the status quo ? 2005 Prentice Hall Inc. All rights reserved. 5–* Finding Internal Candidates Job posting Publicizing an open job to employees (often by literally posting it on bulletin boards) and listing its attributes. Rehiring former employees Advantages: They are known quantities. They know the firm and its culture. Disadvantages: They may have less-than positive attitudes. Rehiring may sent the wrong message to current employees about how to get ahead. ? 2005 Prentice Hall Inc. All rights reserved. 5–* Outside Sources of Candidates Advertising The Media: selection of the best medium depends on the positions for which the firm is recruiting. Newspapers (local and specific labor markets) Trade and professional journals Internet job sites Marketing programs Constructing an effective ad Wording related to job interest factors should evoke the applicant’s attention, interest, desire, and action (AIDA) and create a positive impression of the firm. ? 2005 Prentice Hall Inc. All rights reserved. 5–* Help Wanted Ad ? 2005 Prentice Hall Inc. All rights reserved. 5–* Figure 5–7 Source: The Miami Herald, March 24, 2004, p. SF. Outside Sources of Candidates (cont’d) Types of employment agencies: Public agencies operated by federal, state, or local governments Agencies associated with nonprof
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