Design of an Induction Programme for New Employees on the Magnificant Essay

Design of an Induction Programme for New Employees on the Magnificant miniaturesLline - Essay Example In these situation CRU Proposed to select thirty employees for the special miniature product line. So to solve this human resource management related problems and to place Right people at Right place CRU appointed an HR consultant. As an HR consultant responsible for designing employee recruitment and selection systems is the prime responsibility. After all, attracting and hiring the right kind and level of talent are critical elements of business effectiveness. Stocking a company with top talent has been described as the single most important job of management (Hand, 2002). Now before recruitment starts, HR consultant has to assess the labor supply and demand, when planning starts. In the process of Human resource planning, any wrong estimation can lead to significant financial costs. So first of all labor supply and demand has to be properly estimated. In the present case, where CRU need more workers that will be available. So CRU has to take the approach includes, training and retraining of existing workers, grooming current employees to take over vacant positions (succession planning), promoting from within, recruiting new employees from outside of the firm, subcontracting part of the work to other firms, h iring part-timers or temporary workers and paying overtime to existing employees, which approach or approaches are appropriate will depend on their relative costs and how long the labour shortage is expected to last. For instance, if demand exceeds supply by only a small amount and this situation is deemed temporary, paying overtime may be less expensive than hiring new workers, which entails extra costs for training and legally mandated benefits (such as social security payments and workers compensation insurance) (Gomez-Mejia, Luis R., Balkim, Dravid B. & Cardy, Robert L., 2004). Now if we see the CRU, we find  that labor demand is more than supply. CRU has 500 employees and they need to recruit only 30 persons.