Reference no: EM133138690
Applicable VLO's for This Week's Case Study
Contribute to the planning and implementation of employee recruitment, selection, and retention strategies.
Contribute to organizational development strategies aimed at promoting organizational effectiveness. Brief Introduction to This Week's Case Study
Debra the general manager of QUICK FOODS corporation is on a mission to streamline the recruiting process. Debra knows that QUICK FOODS corporation should work more on its HR policies, and employee benefits, especially in the current tight labor market. Debra is meeting with the HR manager to discuss this trend and develop organizational strategies which lead to the promotion of organizational effectiveness. This Week's Detailed Case Study Information
When Debra established QUICK FOODS corporation, she was focused on success, and HR policies were not a priority at that time. She spent his time designing stores, looking for market opportunities, and never thought about developing any HR policies. Days passed by and QUICK FOODS corporation grew rapidly, without having any HR policies, the company especially lacked policies which promote organizational effectiveness. QUICK FOODS store employees were getting frustrated since the company lacked clear compensation structure, also recruiting policies were non-existent.
One day the HR manager passed by Debra and explained that they should act now and develop recruitment strategies and policies. Debra agreed with her, and they sat down and started thinking about what should be done.
First, they discussed the recruitment process, which is currently done by using qualitative data. The recruitment process is a mess, it doesn't have any clear criteria, and potential candidates are judged based on their qualitative characteristics. The HR manager explained that this could be a dangerous game, since some candidates could feel disadvantaged, thus they could seek litigation. The HR manager proposed using a recruitment strategy which focuses on "Employer Branding", this strategy will enable the company to develop a unique brand in the market place, to attract potential candidates. The brand will advertise the objectivity in the recruitment process, fairness, and transparency. Debra thought this is a great idea, and she is eager to implement it.
Moreover, QUICK FOODS corporation doesn't measure its recruitment efficiency. The HR manager explained the importance of measuring recruitment efficiency. The key metric to use in this case is "Recruiting Yield Pyramid". Debra knows nothing about the "Recruiting Yield Pyramid", and she asked the HR manager for a detailed report, explaining the key features, and advantages of using the "Recruitment Yield Pyramid". The HR manager, is convinced about the efficiency of the "Recruitment Yield Pyramid". She said: "if we implement it correctly, this policy will promote out organizational efficiency, thus improving our bottom line, and enhancing profits". Debra agreed to give it a try, but she needs more information, to make sure they are doing the right thing.
Finally, Debra suggested the use of bonuses, as a part of the compensation structure. The HR manager agreed with Debra and they decided to include it in the recruiting plan. Debra and the HR manager agreed that bonuses enhance profitability, and organizational effectiveness. Using bonuses as a compensation tool is far superior than using a flat salary. Currently the company doesn't have a recruitment plan, but Debra and the HR manager agreed to draft one pretty soon and implement their ideas in the newly drafted plan. Deliverables, Format and Marking Scheme for This Week's Case Study
Your task is:
- 1% explain what is meant by "Employer Branding", and how this strategy could be used to promote organizational development which will lead to organizational effectiveness.
- 1% explain what is meant by "Recruiting Yield Pyramid", and how this strategy could be used to promote organizational development which will lead to organizational effectiveness.
- 1% explain what is meant by "Bonuses", and how this strategy could be used to promote organizational development which will lead to organizational effectiveness, increasing retention.
- 2% design a fully-fledged recruiting plan for QUICK FOODS corporation, be sure to make the plan clear and easy to follow, through standardization of its steps.
Note: assume any missing information and use external resources if needed. Clearly state your assumptions in your submissions. Summarize your findings in a two-page word document.
How much is the average daily collection
: Bulldogs Inc. has a positive net float of P6,000. If Bulldogs Inc. has an average daily disbursement float of P18,000, how much is the average daily collection
|
Low-cost leadership strategy
: "Firms involved in International Business must consider a range of strategic options to gain an advantage over competitors."
|
What is the required return on your portfolio
: You decide to invest P14,000 in Vanya, P6,000 in Allison, P22,000 in Klaus, and P23,000 in Diego. What is the required return on your portfolio
|
What do you understand by the term beta
: What do you understand by the term 'beta'. n your opinion, why do stakeholder prefer portfolio than standalone investment? Give 2 reasons
|
Applicable vlo for week case study
: Contribute to the planning and implementation of employee recruitment, selection, and retention strategies.
|
Number of company job vacancies
: How can Refrigerative Supply Limited use strategic HR to manage the large number of company job vacancies?
|
Types of technology or applications
: What types of technology or applications would help support global HR?
|
What are the types of funds that can be found
: What are the types of funds that can be found within the three categories of existing government funds? How do the types of funds differ
|
Discuss human resources
: In reading from Bolman & Deal they discuss Human Resources and the different philosophies that organizations have with regard to how they treat and nurture thei
|