acquisition

• Acquisition is :: the process of attracting and recruiting the right staff for roles in a business.

• Acquisition involves analysing:
  ?

• the internal environment (identifying staffing needs)

• the external environment (analysing job market and economic conditions)

• a job description describes :: tasks, roles, & responsibilities of candidates

• and then a job specification describes :: skills & qualifications required for the position

Recruitment, selection and placement

• Recruitment is :: the process of locating and attracting the right quantity and quality of staff to apply for employment vacancies or anticipated vacancies at the right cost. either internal or external recruitment

The two types of recruitment are
?

• Internal recruitment: hiring pre-existing staff within the company

  • relatively easy as the candidate is known
  • helps motivate other staff in hopes of getting recruited
  • although it limits the potential skills available

• External recruitment: hiring new employees from outside the company

  • allows business to find the best possible candidate//most qualified
  • although can be more costly, and harder to fully gauge the employee from the acquisition process alone

• Employee selection involves :: gathering information about each applicant and using that information to choose the most appropriate applicant.