MGT 3531 Exam 2 Study Guide
MGT 3531 Exam 2 Study Guide MGT 3513
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This 3 page Study Guide was uploaded by Tori Wilson on Saturday March 5, 2016. The Study Guide belongs to MGT 3513 at Mississippi State University taught by Bryan Rogers in Winter 2016. Since its upload, it has received 77 views. For similar materials see Introduction to Human Resources Management in Business at Mississippi State University.
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Date Created: 03/05/16
MGT 3513 Exam 2 Study Guide Chapter 4: Recruitment and Selection Labor Supply Internal Succession Planning Pros Less costly Clear signal Familiar Cons Reduce innovation Undercut in authority External Pros Fresh perspective Cons “Rookies” Resentment from current employees Labor Surplus – more employees than needed Labor Shortage – workers are in short supply Labor Demand – how many workers the organization will need Human Resource Planning – process used to ensure the right amount and kind or people Forecasting – predicting supply and demand Large companies vs. Small companies Qualitative Quantitative Hiring Process Step 1: Recruitment Step 2: Selection Step 3: Socialization Challenges Personal characteristics Measurement Motivation Approaches to Recruitment Fly paper A lot of applicants Only good points High turnover Realistic Job Preview Quality applicants Low turnover Evaluating Recruitment Cost Per Hire Costs/hires Yield Ratio Hires/applicants Applicant Quality Selection tools Determines if the applicant will fit into the company culture and is able to perform the job Tools must be job related Correlation Coefficient Must be valid and reliable Deficiency Error An important part of the job is not measure in the selection process Contamination Error Selection tool includes unwanted influences not related to the job Empirical Validity Concurrent Measures everything in one day Predictive Validity Measures over a period of time Correlations 1 : perfect (happens every time) 1 : never happens 0 : no relationship Selection Tools Valid tests Letters of recommendation Biodata Form Detailed version of an application Cognitive Ability Verbal and quantitative ability Work Sample Interviews Structured o Questions Situational Behavioral Job Knowledge Worker Requirement Panel Drug Tests Reference Checks Must follow 3 requirements Background Checks Sometimes Valid Personality Traits O.C.E.A.N Not Valid Emotional Intelligence Honesty Tests
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