7-Eleven Inc. Recruitment Strategies: A Comprehensive Analysis

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Desklib provides past papers and solved assignments for students. This report analyzes 7-Eleven's recruitment strategies.
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FOR 7- ELEVEN Inc.
RECRUITMENT STRATEGIES
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INTRODUCTION
The project focuses on the following aspects
of recruitment strategy:
Meaning and importance of marketing
strategies.
High-quality recruitment strategy for 7-
Eleven Inc.
Factor affecting recruitment strategies
Selection strategy
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1. It was founded in 1927 and was names as Tote’m
Stores and renamed is 1946 as 7-eleven Inc.
2. It is head quartered in Dallas, Texas.
3. It has 67,480 stores in 17 countries in the world.
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MEANING OF
RECRUITMENT
It is a process of appointing new people in a
company.
It involves activities like recruitment
planning, developing strategy, searching
for suitable candidates, their screening and
finally their evaluation and control.
In other words, it is a process of searching,
stimulating and encouraging employees to
work in an organization.
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RECRUITMENT PROCESS
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RECRUITMENT STRATEGY
It is an action plan or strategy of a
company or an organization.
It includes hiring of candidates suitable for
their open job position.
It may also involve recruiting consultancies
or agencies to act as a link between the
organization and the candidate.
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RECRUITMENT STRATEGY FOR
7-ELEVEN INC.
IMPLEMENT
USING SOCIAL MEDIA AND
OTHER PROMOTIONAL
PLATFORMS
INVITING APPLICATIONS AND
MOVING FORWARD TO
INTERVIEWS
SELECT
CRITERIA AND ELIGIBILITY OF
THE CANDIDATES
NARROW OR BROAD TALENT
MANAGEMENT APPROACH
IDENTIFY
GOALS OF HR DEPARTMENT
AND THE ORGANIZATION
ACCOUNTABILITY AND EFFECTS
OF THE STRATEGY
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FACTORS AFFECTING
RECRUITMENT STRATEGY OF 7-
ELEVEN
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EXTERNAL FACTORS
MARKET
COMPETITION
-
Keeping an
eye on the
policies of
the
competitior
s
EMPLOYMEN
T
CONDITIONS
A good and
healthy
working
environmen
t
GOODWILL OF
THE
COMPANY
Better the
image, the
more
candidates
would be
interested and
attracted for
the role
SUPPLY AND
DEMAND
FACTORS
Higher
demand and
low supply
would require
more efforts
and vice-versa
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INTERNAL FACTORS
COMPANY’S SIZE
Large size
companies requires
higher number of
candidates
COMPANYT’S
GROWTH RATE
To expand the
business, large
number of
employees are
needed.
RECRUITMENT
POLICY
It could be done
whether from
internal sources or
extrnal sources.
COMPANY’S PAY
PACKAGE
Good packages
along with
incentives and
other convinient
arrangements
RECRUITMENT
COST
Cost effective
methods should be
preferred.
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RECRUITMENT METRICS
Those measure, which are requires to
analyze current recruitment efforts.
RETENTION RATE
How long a hired candidate stay?
TIME TO HIRE
How much time is needed to hire the candidate?
COST PER HIRE
How much amount of money is spent on hiring of
new candidates?
ACCEPTANCE AND REJECTION RATE
How many candidates accepted the formal offer
letter?
QUALITY OF NEW HIRE
How effective and efficient the new hired
candidate is?
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SELECTION STRATEGIES
Those action plans or strategies which are
requires to select a candidate.
It includes research, testing and evaluation.
We chose Interview Mocha as our tool for
assessment for the job vacancy for a team
manager.
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