Recruiting, Resumes, & Hiring

Onboarding

The process of orienting and training a new employee

You are offering a job at a salary of $50,000 per year. Employer taxes ( social security, unemployment, etc.) will add 9% to the cost of the employee and benefits will add 20%. What is your total expected annual cost to hire the employee?

$50,000 + .09 x $50.000 + .20 x $50,000 = $64,500

resume

A brief account of one's work experience and qualifications.

Person specification

A detailed list of the qualities, skills and qualifications that a successful applicant will need to have

Offer letter

A formal letter offering an individual a job

Employee meetings

Face-to-face meetings between managers and employees in which managers solicit feedback and ideas.

town hall meeting

Open forums provided in which employees and managers gather to discuss topics relevant to the company, including new product ideas and other employee feedback. Typically managers field questions from employees, and any ideas or feedback are acted upon subsequent to the meeting.

job description

a document that describes what the agency expects you to do

Recruiting

The process of finding and hiring the best candidates for any given open position

Recruiter.com is offering a "buy one, get three" sale on recruiting ads. The ads normally cost $80 each. What will your cost per ad be with the sale?

$80/ 4 total ads = $20 per ad

personality tests

A formal or informal assessment of a candidate's personality, used to determine his or hers suitability for the role

sourcing plan

A formal or informal plan by a company that identifies the ways in which a company will seek out qualified job candidates

suggestion box

A secure box often put in an employee lunchroom or other prominent place. Employees can write their thoughts on cards and place them in the box for collection and review by managers.

Phone screen

A telephone interview with a job candidate designed to assess whether he or she is a desirable enough candidate to go forward with an in-person interview

In-person Interview

A type of job interview in which the candidate meets with company officials, usually at the employer's headquarters

needs assessment

An internal company process to determine its staffing needs

ideation

The life cycle of an idea, from the original idea through, in some cases, its actual implementation.

You can recruit an experienced painter for $25/hr who can paint 6 bicycles per hour. You can recruit a less experienced painter for $18/hr who can paint 4 bicycles per hour. At least in the short term, which painter is more cost effective?

Experienced painter cost per bike= $25/hr - 6 bikes/hr = $4.17 Less experienced painter cost per bike=$18/hr - 4 bikes/hr = $4.50 Experienced painter is more cost effective

Trust agent

In the context of soliciting ideas and feedback, a trustworthy individual (often a manager) who is seen as having integrity.

Purple squirrel

The ideal candidate for an open position

employee engagement

when employees are connected to, satisfied with, and enthusiastic about their jobs