Human resource Essay Example | Topics and Well Written Essays - 3000 words

Human alternative - Essay ExampleTalent management helps in the integration of different initiatives of the company (Ashton and Morton, 2005). Figure 1 Talent Management System (Source Ashton and Morton, 2005) Some of the important components of talent management system are as follows Need- The business need derived from the business model. Data parade The fundamental data needed for proficient talent acquisitions. Planning Talent and people planning guided by data analysis critical for good talent decisions. Activities The conversion of plans into integrated set of activities. Results The cost, measures and effectiveness criteria to judge the value and impact of Talent Management (Ashton and Morton, 2005). Talent management includes organizational mind and employee assessment focusing on important eyeshots to be filled (Ashton and Morton, 2005).The assessment of the talent management methods include interviews and psychometric testing which are aligned to the companys competenc y model. ... Recruitment and selection are a integral part of the talent management activity as the right candidate for the right position not only helps in improving the effectiveness of the companies but also helps in the reduction of administrative costs. Absenteeism of the workers and employees has become a huge concern for many a(prenominal) organizations hence the management of the company should deal with problem effectively to reduce the operational cost. Recruitment and Selection The efficiency and quality of an organization depends upon the human resource of an organization. Hiring and selecting the right candidate for the right position becomes essential. Recruitment and selection form the swear out of hiring the employees. Recruitment is a strategic function of the human resource department. It is the overbearing process of generating a pool of qualified candidates for the organizational post. The process of hiring the candidates starts with human resource planning wh ich helps to determine the type and number of employees an organization needs. Hiring is an ongoing process and not confined to the formative stages of an organization. This is because some employees leave the organization through retirement and resignation. The process stops only when the organization ceases to exist. Recruitment The process of attracting individuals on a timely basis, in sufficient numbers and with appropriate qualifications, to apply for jobs with an organization (Gusdorf, 2008, p.01). The sources of recruitment are as follows (Source Authors creation) Internal Sources a) dividing line Posting The traditional method to announce a job vacancy was to post notice on the HR bulletin board but now the job notice is