Answer To: ASSESSMENT 2 – Set April 2017 Module code: HR5057 Module title: People Management & Performance in...
Sangeeta answered on May 17 2020
Recruitment Practices at PMIC
Abstract
Workforce planning is very important in case if an organization wants to have in place highly competent employees and satisfy future needs of the employees (Levin, 2001). this particular paper attempts to provide a comprehensive report, which offers suggestions for the complete revamping of the graduate selection procedure, for enabling the corporation to appoint high potential candidates who very well ‘fit’ the corporation’s hard directing and sales driven culture. The results highlighted that PMIC requires having individuals with the correct abilities and behaviour to assist its development and growth. Moving ahead, PMIC should have in place apparent organizational frameworks, thorough job descriptions and individual specifications.
Introduction
In the provided case, the Graduate Recruitment Manager of the PMIC (Pearl & Mutual Benefit Insurance Company) appointed 15 to 20 Graduate Trainees over each of the last five years. An assessment of their retention to the closing stages of the year 2014 has developed the distressing data that more than 60 percent individuals have left the corporation, in several situations for careers within sectors or industries apart from financial service segment. The present selection approach has basically been to employ a renowned test of General Mental Ability on all applicants like a beginning screening means and then arranging panel interviews with top Line supervisors for the most appropriate 50 candidates yearly, as decided through the test scores/outcomes. These managers are offered proper training in making use of a capability model for this interview procedure, developed for eliciting and rating six behavioural as well as motivational abilities taking in Drive to Achieve, Selling Skills and lastly, Interpersonal Strengths
Moving ahead, there is proof for conclusions highlighting towards the fact that Top Managers Chairing like panels normally inflict their on the appropriateness of candidates at the time when decisions related to final selection are formed. The senior Colleagues have started noticing the issue and have shown apprehension at the loss of such affluently appointed and trained candidates, several of whom haven’t gained good ratings for their outcome on their yearly appraisals. Thus, the recruitment manager has been asked to review the present recruitment as well as selection procedures prevalent at the company and also look at how other organisation go about their graduate recruitment. Further, taking the above discussion into consideration this particular paper attempts to provide a comprehensive report, which offers suggestions for the complete revamping of the graduate selection procedure, for enabling the corporation to appoint high potential candidates who very well ‘fit’ the corporation’s hard directing and sales driven culture.
Discussion
Taking into consideration the above discussed above it can be stated that the recruitment manager should focus upon recruiting Y Generation Employees. Generation Y includes young experts between the age group of 15 to 30 years and are just going entering the workplace. The recent statistics bring to light the actuality that Generation Y is the highest mounting segment of the employees (Torrington et. al. 2011). This fresh generation occupies junior as well as mid-level management standings on the grounds of their expert training and educational background. Generation Y is bright, imaginative, optimistic, accomplishment-oriented and tech-confident (Levin, 2001). They are believed to be the fortunate ones as they are in an idyllic situation to take advantage of the awaiting retirement of the baby boomers and they possess advance capabilities necessary for the jobs based on internet Torrington et. al. 2011). The employees categorized under Generation Y are very methodological and gel well with distinct groups. They are not usually brand-faithful and this section of Internet specialists is bendable and adjustable. They look forward to flexible workplaces and switch companies more often as compared to Generation X.
Generation Y has been brought up, coddled and pampered with expensive things ever since they were kids. Supervisors should very well acknowledge the fact that they are accompanied with high-output and high-upholding. In contrary to baby boomers, who lay more emphasis on career, Generation Y, pay more attention on their family and non-work lives (Torrington et. al., 2011). They want jobs that are accommodating and have telecommuting options with the capability to go part time. They are usually positive, exceedingly social instead of being didactic. They make every effort for affluence and operate on their own conditions and can emerge to be - 'all about me' (Torrington et. al., 2011). They possess a multifaceted and powerful ethnic social configuration developed on their social networks. Separation among job and social life are unclear as their lives are publicized on the internet.
Characteristics of Generation Y
To begin with, they go all-out for ingenious challenges, character growth and considerable professions. This generation request advisers and managers who are greatly dedicated in their specialist...