Answered step by step
Verified Expert Solution
Question
1 Approved Answer
As the assistant to the human resources director at Tally Group, you normally answer phones and set appoint- ments for the director. You are
As the assistant to the human resources director at Tally Group, you normally answer phones and set appoint- ments for the director. You are interested in developing skills in HRM, and one day, your HR director presents you with a great opportunity for you to show what you can do. She asks you to analyze last year's recruitment data to determine which methods have worked best. As you look at the data, you aren't sure how to start, but you remember something on this from your HRM class in college. After reviewing the data in your book, you feel confident to analyze these numbers. Please go ahead and perform calculations on these numbers, then provide answers to the questions that follow. TABLE 4.2 Tally Group Recruiting Numbers, 2012 Method Temporary placement firms Campus recruiting Professional association ads Social media/company website Job fair Referrals Total Number Hired Yearly Cost ($) Total Applicants 8 3,200 53 2 1,500 26 10 4,500 331 33 300 486 3 500 18 26 26,000 168 1. Prepare a report summarizing your findings for the recruitment cost per hire and yield ratio for each type of recruiting method. 2. Make a recommendation to your human resource director on where the department should spend more of its time recruiting.
Step by Step Solution
★★★★★
3.55 Rating (159 Votes )
There are 3 Steps involved in it
Step: 1
1The Cost per hire Annual cost Tota Hired and the yield ratio Hired employeeApplicants is mentioned ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started