Human Resource Management Study Set 10

Answer:

A transitional matrix is a model developed to determine the internal flow of human resources within the organization. It explains the movement of employees within the organization and forecasts the probability of the employee's association with the organization.
According to Table 5.1, the job experiencing the greatest turnover at the organization is Sales representative. As evident from the table, 35 percent of employees who were sales representative in 2007 are not with the organization anymore (2010). Also, it can be seen that very low proportion of employees were promoted further which could be the reason for the turnover. The organization can reduce this trend by reviewing its promotion policies and can also provide training to improve the employees skills.

Answer:

When an organization fills up the positions vacant by choosing candidates from its existing workforce is called internal recruitment. The internal recruitment is done through job promotions, transfers, and employee referrals. When an organization looks for candidates to fill up the vacant positions from outside sources it's called external recruitment. The sources for external recruitment are advertisement in media, job portals, labor contractors, educational institutions, employment exchanges etc.
Following are the merits of internal recruitment for an organization:
• The existing employees are fully aware of the procedures and policies of the organization and thus no orientation and less training. It reduces usage of resources such as time and cost.
• As the organization knows about the candidate very well, there is lesser possibility of error in selection.
• It boosts the productivity of the employees as employees in order to get promoted work hard.
• It also promotes satisfaction among the employees towards the organization as most of the employees have a goal of career advancement.
Following are the merits of external recruitment for an organization:
• External recruitment opens up the organization to a larger pool of candidates increasing the probability of finding the right candidate for the job.
• Candidates recruited from external sources provide fresh ideas and outlook which may help the organization to stay competitive.
• External recruitment ensures that the candidates recruited are highly qualified and skilled and also fulfills the diversity requirements of the organization.
• It may pump the competitive spirit among the employees to perform well because of arrival of new candidates from outside of the organization.
An example of when internal recruitment might be effective is when there is labor supply shortage in the market and the company needs to stay competitive. An example when external recruitment might be effective is when there is a need of creative and fresh ideas for the organization's operations to remain competitive in the current market.

Answer:

Downsizing is when the company reduces the labor force by shedding some employees. It is done when the business is falling and the company is not able to provide a salary to the employees. It can also be done to remove the unproductive workers from the organization. The work ethics between the employer and employee should not change in the case of downsizing or when the employees leave the organization voluntarily.
Business Ethics are the guidelines that are to be followed by the company to protect and promote the interest of society. It includes dealing with the stakeholders of the company such as employees, customers, investors, competitors, and society in an ethical manner. The company should not have any unethical practices against its stakeholders.
The ethics that the company has to follow when downsizing is treating the employees in a dignified manner. The employees should be communicated in a respectful manner about their termination. The reason for their termination should also be communicated. The rules for compensation to the employees in the case of downsizing should be followed. The employees should be treated with dignity during their termination period.