Answer to Question #260873 in Management for Sukhi

Question

Identify and describe two main HRM processes used by top tech companies to attract qualified employees

Answer 1

Top IT businesses use two primary HRM processes to attract talented personnel, and they alter in reaction to the company's growth, government laws, and industry rivalry trends. Human resources planning (HRP) is the process of identifying and managing all of an organization's employment requirements. It entails keeping track of an organization's human resource supply, future demands, forecasting, strategy, and execution. HR must reconcile long and short-term staffing needs with corporate goals and the reality of the economic climate in order to be effective. HR process management software should ideally include aspects that affect HRP. Companies frequently utilize SWOT analysis or forecasting techniques to determine their requirements.

The process of attracting suitable applicants to interview with (and potentially work for) the organization is known as recruitment. HR professionals are in charge of all critical processes in the recruitment process. Posting jobs on sites like Monster or Indeed, as well as establishing remuneration packages that are likely to attract and retain the best individuals, are all examples of this. These steps must be tracked through a centralized platform that can standardize a process in which a large amount of data is gathered and potentially lost. HR evaluates each applicant, determines the best fit, conducts phone screenings, arranges formal interviews (and occasionally conducts them), initiates background checks, and drafts initial offers.