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Purpose and Benefits of Induction : Report

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Added on  2020-06-04

Purpose and Benefits of Induction : Report

   Added on 2020-06-04

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Resourcing Talent1
Purpose and Benefits of Induction : Report_1
ACTIVITY 1TASK 11.1 Organizational benefits of having diverse workforceEach and every organization set some goals and objectives in order to hire employees fromdifferent backgrounds and culture (Taylor, 2014). When this aim is get accomplished then theywill be able to get some benefits which can lead them towards success. Some of these benefitsare as follows:Increased productivity: Workforce diversity can lead an enterprise towards highproductivity level. If people came from different background, then they all come up with somenew ideas and thinking so this may help them in performing well. Innovation and creativity: When company employ different workers then due to theirbackground, skills their innovativeness and creativity is get improved. So, this many help thefirm in offering new and quality products to their customers. Employee retention: Company can hire employees and due to an effective culturalenvironment they will be able to retain them (Tansley, 2011). Due to this, the overall recruitmentis get reduced so this may help them in achieving profits.2
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1.2 Explain factors which affect the talent planningSome internal and external factors are there which can affect the talent planning approachthat is followed by an organization. Some of these are as follows: Economic environment: This is related to the cost and money which is spend by anindividual on recruitment and selection. Along with this, it is depending upon the current climateof the firm. These external factors can affect the company’s activities that are performed by themat the marketplace. Branding: An organization with good brand image can attract number of people towardstheir services (Nikolaou, 2014). Companies offer some career development opportunities to theirstaff members so this can highly attract them towards their services. Legislative laws: Government made some laws and regulations which can affect theiroperations. Some of these laws are like Equality act (2010), Discrimination act (2010) etc. Thereis some discrimination that can be placed on the basis of age, gender and so on. Culture: The culture of organisation can also affect employees who are engaging inbusiness activities. It can become difficult for organisation to appoint talent employees who arebelonging from other cultures. Reservation system – This is a system in which there are number of posts reserved for aspecified amount of candidates. So, after fulfilment of other posts, if more number of employeesare required, then company is not able to hire effective employees as they have reserve a fixednumber of seats for a particular section. This will affect hiring appropriate and skilful people fora particular post. 1.3 Factors that affect the recruitment and selection approachRecruitment and selection is an approach that is used by an enterprise in order to hireskilled or innovative employees. Some factors are there which can affect the selection andrecruitment approach which are as follows: Human resource planning: The main goal is to identify the gap between new and existingemployees. So, in this order they have to evaluate the skills that are possessed within the peopleso that they can hire skilled workers. If this department will not be able identify the requirednumber of employees, then the process can get affected. Competition: This can highly affect the company as there are many competitors whocompeting with each in order to recruit employees so that they can achieve future growth3
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(Wilson, 2011). So, on this way they have to identify the strategies that are adopted by theircompetitors. Recruitment cost: Sometimes, organizations are facing higher expenses due to theincreased cost of recruitment process. If this get increased, then they will not be able to attaintheir profitability. TASK 22.1 Benefits of different recruitment approachesAn organization can use different approaches in order to recruit some skilled and creativeemployees. Some of these are like internal, external and third party recruitment. The benefits ofthese approaches are like:Internal sourcing: In this, an enterprise recruit people within their organization. Some ofthe benefits are like recruitment cost is get reduced and the motivation level of the among theexisting workforce can be increased. External sourcing: In this approach, organization hire staff members from the externalworld (Sparrow, Otaye and Makram, 2014). The benefits of this is that company will be able torecruit more skilled and innovative staff members. Third party sourcing: In this, applicants get the more effective packages and salarycompensations. Through this, they will be able to hire more talented and knowledgeable people. 2.2 Benefits of selection methods Some different selection methods are there which are adopted by companies as per theirexisting resources and staff members. The benefits of selection methods are as follows: Application forms: By adopting this kind of approach, they will be able to get the sameinformation from each and every individual. The biggest benefit of this method is that it becomeeasy for companies to short list the applicants on the basis of their qualification. Structured interview: This is an effective approach which has been followed by anenterprise. The advantage of this is that the HR manager will be able to identify communicationand social skills in the applicants which are necessary for the current job (Raidén and Sempik,2012). 4
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