Compensation

Hiring and Firing are crucial to the success of an organization and is very tricky for Human resource personnel to master. It is just as challenging to match up the right person with the right job, but it is equally important to match the right person with the right company. The process consists of multiple steps and is designed to ensure that there are enough information about each applicant to make the best organizational decision possible. Causes for dismissal is a process that stiffles HR personnel and there is no real simple technique. It usually depends on the situation and is based on an individual basis. Just cause in one case might turn out to be wrongful termination in another.
The Hiring Process
The hiring process consists of more than just rummaging through stacks of resumes and job applications to find the desirable applicant. It is a very intricate process of marrying skills, talent and abilities to the position being filled. The process has to be thorough because it is important to make a choice that will be mutually beneficial to the company and the applicant. A person might possess all the technical aspects of the job requirement, but simply do not fit with the organizational culture and environment. Hiring the wrong people can be very expensive. It can drain your recruitment budget and ultimately tap into the profit of the company. Based on our class project, it can be noted that each hire can cost up to $1,000 or more per person on hiring and that is being very modest with using the bare minimal selection criteria. If half the people you hire do not stay, then based on a $1,000 per hire, if you only lose ten people in a year that is $10,000. Recruiters in both the public and private sector hire thousands of new applicants every year. The ...
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