Chapter

8.2. Employee Recruitment*

From IntroductionToBusiness OP 8D04gAa

Concepts

1. What are the internal and external labor markets?

   "When a firm creates a new position or an existing one becomes vacant, the firm starts looking for people with qualifications that meet the requirements of the job. Two sources of job applicants are t

2. How do firms recruit employees from the internal labor market?

   "Internal recruitment can be greatly facilitated by using a human resource information system that contains an employee database with information about each employee’s previous work experience, skills

3. How do firms attract applicants from the external labor market?

   "The external labor market consists of prospects to fill positions that cannot be filled from within the organization. Recruitment is the process of attracting qualified people to form an applicant po

4. How have online recruiting and social networking changed employee recruitment?

   "Online recruiting is among the top internet success stories of the past decade. LinkedIn, Monster, and CareerBuilder are hot spots for job hunters and recruiters seeking to establish a working relati