Wednesday, October 16, 2019
The Effectiveness of Tanglewoods Recruitment Strategy Case Study
The Effectiveness of Tanglewoods Recruitment Strategy - Case Study Example According to the research findings it can therefore be comprehended that Tanglewood is undoubtedly one of the rapidly growing merchandise in the US and its need to provide efficient and reliable means of recruitment cannot be over emphasized. According to the management of the expansive merchandise, the different satellite branches enjoys the autonomy of devising their own peculiar methods of running the affairs of the merchandise provided their exist resonance in the management team. One of the issues that remain a challenge to the highly prolific merchandised firm is the ability to identify plethora of recruitment methods and within them opt for the most cost effective and at the same time objective, rational and reliable. The merchandise firm having progressively emerged from a simple firm located within confined region to a complex one with branches in other areas initially not intended, there is reasonable understanding of what recruitment method is sound with regard to the thei r dealing. Having recruited thousands of employees from junior levels to the management level since 1975, the firm is much endowed with the skills to select competitive individuals who can easily acclimatize to their dynamic and quick responsive to their clients demand using the least resources. The firm for all the recruitment it does have documented the material facts which includes the total recruit and the cost of recruiting the staffs. This paper critically observes the data and identifies the effectiveness of the methods that have been used to obtain the required human resource. The table below shows the cost of doing recruitment applied by the firm Fixed cost (cost of set up per site in $) Media 10,000 Referral 10,000 Kiosk 40,000 Job service 10,000 Agency 50,000 Variable costs ($) Material cost per applicant 10 10 1 5 10 Processing cost per applicant 30 30 30 15 30 Additional pre-hire cost 20 120 20 - 20 Orientation and training 2,000 2,000 2,000 1,000 1,000 From the table a bove, the cost of each method of recruitment can then be quantified the effectiveness is not only pegged on the cost. The cheaper the cost is no reflection of the effectiveness since it can give recruits that would demand more in terms of induction and training. The effectiveness of a method is a consideration of all the parameters involved in the recruitment and the efficacy of the recruited persons to provide the intended roles with little training thereafter. In terms of the cost in a snapshot, recruitment through Agency remains the most demanding in terms of resources standing at $5,160 while that through job service remains the most cost effective standing at $1,120. Effectiveness of each Method of Recruitment Media Besides being cost effective in the recruitment process, the use of media also reaches a large pool of people from which the firm can enjoys the need to sieve the applicant and retain the best of the applicants. Media application also reduces the span of time requir ed to process the interview as part of the interview can be done without close attendance by the management as in the automated voice interview (Noe, 2006). Referrals Referrals is also one of the cheapest methods of recruitment, it relieves the companyââ¬â¢s management from the tedious process of going through the whole process of recruitment. It also imbibes into the employees a sense of belonging and they feel they are part of the management team (Noe, 2006). This has a positive effect in the discharge of their duties as they will be more enthusiastic to work with profound zeal. Kiosk The kiosks as a means of recruitment is seen to be costly in the initial stages but in the subsequent recruitments, they are much cost effective since the kiosk machine can serves it purpose for a long time with just little maintenance cost. It does not only save on the cost of recruitment but also reduces the time spent by the management going
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