Recruitment Methods (Cambridge (CIE) IGCSE Business)

An Introduction to Recruitment and Selection

• Recruitment is the process of attracting and identifying potential job candidates who are suitable for a particular role

  • Recruitment activities include job advertising, job fairs, social media outreach and referrals from current employees

  • The goal of recruitment is to create a pool of qualified candidates who can be considered for the role

• Selection is the process of choosing the best candidate from applications received

  • The goal of selection is to hire the most suitable candidate for the job

• A business will need to recruit and select a new employee(s) when a vacancy arises within the business
   

Diagram: reasons why vacancies arise

• During periods of business growth more employees are needed as the business expands its operations

• When an employee leaves their job and needs replacing

• Businesses often reorganise their organisational structure which may result in the need for additional staff

• A new business start-up needs to recruit workers for the first time
   

• Businesses can choose to use a recruitment agency to carry out the recruitment and selection process on their behalf

  • New employees may be found quickly from its pool of available talent

  • Management time can be saved

  • Recruitment agencies usually charge a finding fee for their specialist services
    

Internal and External Recruitment

• Internal recruitment involves promoting or redeploying employees that already work for the business

• External recruitment involves appointing an employee from outside of the business

Benefits and Drawbacks of Internal and External recruitment