CH5 Definitions_Talent Pool

Description

HRPA Human Resources Flashcards on CH5 Definitions_Talent Pool, created by Taylor Bentley on 28/03/2021.
Taylor Bentley
Flashcards by Taylor Bentley, updated more than 1 year ago
Taylor Bentley
Created by Taylor Bentley over 3 years ago
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Resource summary

Question Answer
Employee Profiles Profiles of a workers developed by studying an organization's top performers to recruit similar types of people
Recruiting Process Outsourcing (RPO) The practice of outsourcing an organization's recruiting function to an outside firm
Internal Labour Markets Labour markets in which workesr are hired into entry level jobs and higher levels are filled from within
Global Sourcing The business practice of searching for and utilizing goods and services from around the world
Branding A company's efforts to help existing and prospective workers understand why it is a desirable place to work
9-Box-Grid A comparitive diagram that includes appraisal and assessment data to allow managers to easily see an employee's actual and potentional performance
Passive Job Seekers People who are not looking for jobs but could be persuaded to take new ones given the right opportunity
Nepotism A preference for hiring relatives of current employees
Rerecruiting The process of keeping track of and maintianing relationships with former employees to see if they would be willing to return to the firm
Realistic Job Preview (RJP) Informing applicants about all aspects of the job, both good and bad
Time-to-Fill Metric The number of days from when a job opening is approved to the date the candidate is selected
Yield Ratio The percentage of applicants from a recruitment source that make it to the next stage of the selection process
Applicant Tracking System (ATS) A software application recruiters used to post jobs, screen resumes, contact candidates, and track time and costs related to hiring
Job Progressions The hierarchy of jobs a new employee might expereince, ranging from a starting job to jobs that require more knowledge and skill
Career Paths Lines of advancement in an occupational field within an organization
Promotion A change of assignment to a job at the higher level
Transfer Placement of an indivdual in another job for which the duties, responsibilities, status and remuneration are approximately equal to those of the previous jobs
Relocation Services Services provided to an employee who is transferred to a new location, which might including help in moving and selling home, learning a new language
Outplacement Services Services provided by organizations to help terminated employees find a new job
Career Plateau A situation in which, for either organizational or personal reasons, the probability of moving up the career ladded is low
Sabbatical An extended period of time in which an employee leaves an organization to pursure other activities and later returns to his job
Career Counselling The process of discussing with an employee their current job activities and performance, personal and career interest and goals, personal skills and suitable career development objectives
Fast-Track Program A program that encourages new managers with high potential to remain with an organization by enabling them to advance more rapidly than those with less potential
Mentors Individuals who coach, advise and encourage individuals of lesser rank
Career Networking The process of establishing mutually beneficial relationships with other businesspeople, including potential clients and customers
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