3) Recruitment is the process of attracting individuals on a timely basis; in sufficient numbers, and with appropriate qualifications, and encouraging them to apply for jobs with an organization. Employee requisition is a document that specifies job titles, department, the date the employees is needed for work, and other details.
The next step in the recruitment process is to determine whether qualified employees are available within the firm or must be recruited from external sources, such as colleges, universities and other organizations. Recruitment sources are places where qualified individuals can be found. Recruitment methods are the specific means by which potential employees can be attracted to the firm. Alternatives to recruitment commonly include overtime, subcontracting, contingent workers, and employee leasing. Overtime is the most commonly used method of meeting short-term fluctuations in work volume. Subcontracting approach has particular appeal when the subcontractor actually has greater expertise in producing certain goods or services. Contingent Workers ( part timers, temporaries) comprise the fastest growing segment of the U.S. economy. Employee Leasing a firm formally terminates some or most of it’s employees. A leasing company hires these employees then leases them back to the company who then becomes the client.