Hrm 590 Final Project

3124 WordsFeb 9, 201313 Pages
Human Resources Management (HRM 590) Final Course Project Submission: Compensation Decisions Anita Craine December 9, 2012 Professor John Dibenedetto TABLE OF CONTENTS Literature Review………………………………………………………Pages 1-6 • Method of Job analysis • Importance of Task Statements and KSA Statements • Recruitment and Selection • Performance Evaluation • Compensation Resources……………………………………………….……….....Page 7 Compensation Decisions………………………………………………Pages 8-9 LITERATURE REVIEW: The role of a Human Resource department is ever changing in today’s volatile business environment. Over the years HR have become strong strategic partners within an organization by providing functions such as recruitment,…show more content…
Internal recruiting can promote growth from within the organization. Many large companies encourage internal promotion as a source of friendly corporate culture. External sources can also be beneficial if the company is looking for a fresh start or someone with some new ideas. External recruiting can help to diversify an organization while bringing in needed competencies. Hiring externally can be done through various ways such as Internet job boards, and staffing agencies. External hiring might be more costly but may provide more outstanding candidates. Whichever the organization decide internal or external, the position needed to be filled will determine the order of the search. Once you have started recruiting it is time to view your potential qualified candidates. The key in the selection process is to choose a strategy for screening your candidates so that you are able to view the people that or most qualified for the position. Organizations also make use of many outside agencies when completing the selection process. Drug screening and reference checks are often done by a third party. Many companies are beginning to incorporate assessment tests and activities into the selection process to insure additional training is not necessary for potential candidates. These screenings can be very important in weeding out the wrong candidates and keeping potential good fits for the position in place for the
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