Monday, February 8, 2010

Recruitment and its process

The main objectives of recruitment is:

  1. to attract potential employees into the rolls of the company;
  2. to make a positive impact with our clients, thereby increase the goodwill and equity for the Company, leading to better market standing.

Before posting a vacancy, management needs to decide whether:

􀂃 it intends to retain the job in its present form and with its present title,
remuneration and status;
􀂃 selected attributes of the job, for example, skill or experience, will change;

􀂃 there are sufficient qualified, potential applicants serving in other positions within
the organisation who may be potential candidates for that job.

Friday, February 5, 2010

Say no to retrenchment

Retrenchment is a corporate-level strategy that seeks to reduce the size or diversity of an organization's operations. Retrenchment is also a reduction of expenditures in order to become financially stable.
To reduce retrenchment:
  • One reduce the benefits and allowances of all the staff
  • May move the retrenched staff to any sister concern
  • May help in finding another work for them