Preview

Recruitment and selection process

Powerful Essays
Open Document
Open Document
1726 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Recruitment and selection process
Recruitment and selection process
Recruitment is the process of having the right person, in the right place, at the right time. It is crucial to organisational performance. Recruitment is a critical activity, not just for the HR team but also for line managers who are increasingly involved in the selection process. All those involved in recruitment activities should be equipped with the appropriate knowledge and skills.
Before creating business plans or making decisions, it is important to 'scan ' the external environment. This can be achieved through a PESTLE analysis, i.e. an investigation of the Political, Economic, Social, Technological, Legal and Environmental influences on a business. In addition it is also important to be aware of the actions of your competitors. These forces are continually in a state of change.
Political changes relate to changes in government influence and can have huge significance for companies. Changes in the priorities for public spending or the UK 's relationships with other countries can open or close major markets. European Union (EU) regulations can have similar effects while the accession of new members (e.g. Poland) can bring business opportunities.
Political changes are closely tied up with legal changes. Laws are continually being updated in a wide range of areas, e.g. consumer protection legislation, environmental legislation, health & safety and employment law, etc.
Economic changes are closely related to social ones. The economy goes through a series of fluctuations associated with general booms and slumps in economic activity. In a boom nearly all businesses benefit and in a slump most lose out. Other economic changes that affect business include changes in the interest rate, wage rates, and the rate of inflation (i.e. general level of increase in prices). Businesses will be more encouraged to expand and take risks when economic conditions are right, e.g. low interest rates and rising demand.
Social factors

You May Also Find These Documents Helpful

  • Satisfactory Essays

    consumer-related legislation that affects customers’ rights; changes in employment and pension contribution rights • environmental factors – e.g. new waste management procedures to reduce landfill and contamination of the environment • financial issues – e.g. rising costs making current processes unsustainable political factors – e.g. changes in government funding for apprenticeships • internal business factors – e.g. following a change in senior managers and other decision-makers • external business factors – e.g. fluctuations in currency exchange rates that affect holiday prices for customers Organisations can go through change at any stage of their development, for example: • when they first start to expand – e.g. leading to changes in staffing levels • when they need to restructure after being in operation for a while – e.g. following changes in technology or competitors’ activities • if they are taken over by another organisation – e.g. leading to a merger of staff, resources, customers, working practices and so on • when they need to close – e.g. after a major downturn that leads to redundancies or the actual winding up of a…

    • 583 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    A PESTLE analysis is used in business to assess the industry which an organisation is in. The PESTLE analysis looks specifically at factors which are external to the organisation which will impact on the business. This is with a view to determining the current role and status of the organisation in relation to its competitors and can be used as a marketing tool.…

    • 709 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Political changes often occur due to changes outside of the business and are most of the time out of the direct control of the business. For example if there is a change in the law it may mean that the business has to change the way it does things. If it does not change and adapt to suit the new law this may cause the business to be prosecuted. Economic changes may occur due to change in the exchange rate. It a business regularly imports from another country and the currency in that country changes it may no longer be possible to deal in imports and exports with the organisation within that country. The business may then have to change who it deals with. Another possible change could lead to loss of business if imports from competitors make it cheaper to buy elsewhere. A business may also have to change if they have a competitor who sells the same service or products moves near to them. An example: if a large supermarket was to open near a smaller supermarket. Due to…

    • 817 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    unit 38 Accounting

    • 2180 Words
    • 4 Pages

    Date LEARNING OUTCOMES On completion of this unit you should 1. Understand the impact on businesses of changes in the economic environment 2. Know how government spending impacts on businesses 3. Understand fiscal and monetary policies and the effects on spending 4. Know how the international economy affects UK businesses and competition. Assignment 1 Date issued27/01/14Deadline Date 10/02/14 Scenario This assignment requires you to consider the effects of a changing economy on a selected business. You will base your answer around a particular UK company which…

    • 2180 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    response skills. This paper will also, include the salary of the SWAT team as well as the…

    • 709 Words
    • 4 Pages
    Good Essays
  • Good Essays

    There are 3 types of government that affect the country and these are Local, National Government and International Government (e.g. European Union). The political party’s decision will affect large numbers of people and businesses. The decisions can be either positive or negative. For a business, a positive one could be an exemption from paying taxes, so increase their profit. An example of a negative one would be an increase of taxes which would mean the company’s profit would suffer. * Political stability…

    • 3687 Words
    • 106 Pages
    Good Essays
  • Powerful Essays

    Unit 38 nicky

    • 17339 Words
    • 44 Pages

    The aim of the assignment “Business and the Economic Environment” is to identify and understand terms used by many individuals. The terms used may be economy, GDP, recession, growth or even inflation. These terms ultimately have great effect and implications upon a business on its running. The assignment shall also look at different aspects of the United Kingdom’s economic environment and the recent changes that have gone on to affect it. Ultimately the assignment shall seek to link business and the economic environment. The assignment shall investigate the impact of businesses as a result of changes in the economic environment, understand how government spending impacts businesses, understand how policies such as monetary and fiscal can affect spending within the United Kingdom and finally know how the international economy affects United Kingdom businesses and competition.…

    • 17339 Words
    • 44 Pages
    Powerful Essays
  • Satisfactory Essays

    Recruitment and Selection

    • 324 Words
    • 2 Pages

    M1 Compare the purposes of the different documents used in selection and recruitment process of a given organisation…

    • 324 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    We also recommend performance and development training for managers as it is a key to organizational success. In addition, the most important asset for Landslide Limousines is the employees. We recommend all employees are involved…

    • 2330 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    Political-legal factors involved government regulations and laws which a company must obey (Anon, 2005). Examples include political stability,laws that affects the company, and any relative changes in legislation.…

    • 1726 Words
    • 7 Pages
    Best Essays
  • Good Essays

    Political stability and ideology will add to the ‘feel’ of business, and laws will give a more formal context to enterprise. Political turbulence is the problem in some countries, while enterprise is strangled by red tape in other regions.…

    • 848 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Political Factors: can result due to a change in government or governmental policy and this can have a huge significant impact on businesses as a whole. Businesses need to keep abreast of the political climate in which they operate. Changes in public spending, relationships with other countries. International conflicts can reduce the amount of trade done from a business which can then see the profit margins begin to fall.…

    • 692 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Political macro environment factors encompass of effects such as tax policies, government-issued safety guidelines, the accessibility of government contracts, as well as the modifications in the governing political party. International laws, for instance trade agreements and tariffs, can influence the supply and demand chains also obtainable markets for several diverse corporations too.…

    • 580 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Political stability affects a business because taxation, legal framework, policies and laws are all under threat of drastic changes.…

    • 893 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    F N

    • 1050 Words
    • 4 Pages

    Last but not least is Political, government and legal. Not only that, the changes made from government will create the opportunities and threats. Same goes to F&N, they will be affected by this force and this force need to be consider carefully to make sure better growth. Besides that, for the industries its depend heavily on government subsidies and contracts. The change in law and tax will affect firm significantly and for food and beverage industry.…

    • 1050 Words
    • 4 Pages
    Satisfactory Essays