Recruitment and selection
Steps in the process for hiring employees are:
Identify job requirements, perhaps by drawing up a 'job description' and then a 'person specification'.
Choose the sources of candidates: promotion from within, referrals from existing employees, classified ads (AmE want ads), online recruitment, recruitment agencies, executive search (= headhunting), job fairs, walk-ins, etc.
Review applications and CVs (AmE resumes). This initial screening process is called Tonglisting'.
Interview a number of candidates on the longlist.
Conduct employment tests and check references.
Decide on a 'shortlist' of strong candidates and hold follow-up interviews.
Select a candidate and negotiate the package: compensation and benefits, job performance expectations, etc.
The selection process can be complex and mistakes expensive (for higher level managers there may be a whole relocation package to negotiate). The company needs the best person, both in terms of skills and of fitting in with the company culture. So to avoid making a mistake HR makes use of:
Assessment centres where groups of people do role plays, take psychological tests etc. This is common for younger candidates without a track record.
Checks on a candidate's background.
Trial (= probationary) periods before a permanent contract is offered.
Compensation and benefits
Your basic compensation is your 'salary' (white-collar staff) or 'wage' (blue-collar staff, and used for payment on an hourly or piecework basis). Additional financial incentives include:
Performance-related bonuses.
Commission (for staff in the sales area).
Profit sharing.
Stock options (= the chance to buy company shares in the future at a fixed price).
Pay rises for additional skills and qualifications.
Employees can also receive a whole range of other benefits (= fringe benefits/perks) such as: sick-leave and holiday pay, retirement (= pension) plans, health insurance, child care and elder care, training, company car, laptop, mobile device, subsidized canteen, the chance to travel, etc.
Exercises
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