Industrial And Organizational Physiology Module 3 - Personnel Functions

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Lesson 1: Basic Concepts in Recruitment and Hiring Recruitment is the process of attracting potential applicants to a vacant position while Selection is the process selecting the most qualified cand... idates among the applicants. There are several methods in the recruitment as well as in the selection process. Applicants nowadays tends to look for organizational attributes before deciding to apply for a position in an organization. In 2012, a survey was conducted to ascertain the Critical Organizational Attributes (that candidates look for), Understanding Employee Motivation”, Lindner (1998), “2007/2008 Global Strategic Rewards Report, Watson Wyatt (2007). 1. Organization’s success and reputation 2. Rewards and compensation 3. Development & Advancement Opportunities 4. Work/Life Balance 5. Quality of People Further, these attributes were classified according to “attraction”, “retention”, and “motivation”. An applicant, candidate, and / or employee will likely to: Attraction Retention Motivation 1. nature of work 1. stress level 1. nature of work 2. compensation 2. compensation 2. compensation 3. job security 3. promotion security 3. appreciation of work Employee Value Proposition (EVP) Sum of everything the people in the organization experience and receive while they are part of the organization. From the intrinsic satisfaction of work, to the environment, leadership, colleagues, compensation and much more. It is about how well the company fulfills people’s needs, expectations, and dreams. Or simply answer the question “What I will GET? versus what I will GIVE? [Show More]

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