Recruitment and selection process steps

The first step a company must follow is knowing what is missing inside their company, what they need, and what position they are looking for. They must state what they are looking for.

After knowing exactly what they need companies must communicate that they are looking to hire someone, this can bee through websites like Linkedin, or on socialmedia, or on the companies website.

Candidates will begin to send their applications so the company can see them

Interviews take place where they are asked various questions, some businesses evaluate competencies others just ask about experiences. Interviews vary a lot

After company selects their candidate that they want to hire a process called induction and onboarding takes place. New employees are given certain ways to incorporate into the corporation. Mentors can be assigned.

After being admitted into the company, corporations begin to develop talent. Talent Development is fundamental in order for a company to achieve the best results. Talent development is when companies give employees resources to help them grow their strengths and abilites.

Employees go through a set of courses and workshops in order to help them develop and strengthen skills and capabilities. Talent development is a big investment for companies but it can make a huge difference.

Part of the development aspect is sucession planning, when planning to leave a company, a company must fill in your spot with another person. This planning ins important because the company must have someone that is qualified for the job but doesn't necessarily have to have all the skills requeried. It is good to give people jobs that might be to "big" for them because this way you are pushing their limits and making them develop new skills and competencies.

Evaluating performances is very important in a company because this way you can measure how your employees are doing. If you notice they are low in a certain area you can develop these skills with your talent development strategies.

Evaluating performance helps companies and employees identify what they need to work on and what they are doing good at. There are various ways to evaluate performance, you can evaluate objectives, goals, and also competencies, with the help of tools like evaluation 360. Giving feedback is also quite important in this stage of the talent management process because with this feedback employees can improve.

Evaluation and compensation and benefits are deeply related because based on your evaluations a company can reward employees with compensations and benefits.

Compensation and benefits is a way of rewarding your employees for exceptional work. This is a way of giving motivation to your employees so they keep doing their best work. There are two types of motivation, extrinsic and intrinsic. It is important that companies find a good balance between these two.

Rewarding your employees can be seen as the end of the talent management process because after all the training, developing, integrating, recruiting, and evaluating of your employees they will get rewarded for good outcomes.

Examples of intrinsic motivation are giving them courses to continue their education. Offering tools to help with their health and well being.

Examples of extrinsic motivation include mostly thing that have to do or can be traduced to money.

Recruiting and Selection

Purple

Development

Pink

Performance

Yellow

Compensation and Benefits

Green