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3rto Resourcing Talent Essay

  • Submitted by: H1ntonclan
  • on February 18, 2014
  • Category: Miscellaneous
  • Length: 1,221 words

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Below is an essay on "3rto Resourcing Talent" from Anti Essays, your source for research papers, essays, and term paper examples.

Four factors that affect an organisations approach to talent

Economic environment: whilst the economy is on a down turn and there are a large amount of unemployed the company may have more than normal candidates to choose from and the possibility of taking on employees at a higher level, however once the economy takes an upturn and the job market improves the employees may move on unless the company provides a competitive salary/benefits package or prospects for development.

Benefits: a benefits package is added value to an employee, if flexibility is offered within the package, to reflect the age, family needs and life style of a candidate this will attract a wider range of applicants and help to retain existing employees.

Training and Development:   will attract more candidates who are looking to expand their skills and better their careers; this will also help to retain staff within the company as they will be encouraged to apply for promotions or move within the company.

Location of the place of work: if it is out of town with no public transport links or good road networks to the location the company would attract fewer candidates. A lot of employees don’t like to travel too far to work and prefer to work nearer home.   In a less populated area a company would have to look further a field as the job skills may not be available in the area.

Three benefits of attracting and retaining a diverse workforce

Increase in profit:   Companies can use their employees to help with their understanding of the needs of our multicultural society. As an example: within a retail employees could advise the company on specialised products to sell, in turn this could encourage more sales within the store and potentially increase profit.

Increased levels of customer service:   A diverse workforce will increase the levels of customer service; it can provide help with language barriers and the understanding of different needs within cultures.   Age is also a factor,...

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"3rto Resourcing Talent". Anti Essays. 15 Dec. 2018


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3rto Resourcing Talent. Anti Essays. Retrieved December 15, 2018, from the World Wide Web: http://teachingsail.com/free-essays/3Rto-Resourcing-Talent-583012.html

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