Should hiring and managing the contingency work force be considered part of the staffing process? Explain your answer.
According to a workforce study, contingency workforce constitutes more than 15% of the workforce. The contingency workforce should be considered as a part of the staffing process as they are hired to complete a specific project. Freelancers, on-call workers, contract workers and independent contractors etc constitute the contingency workforce hired on a project basis
Some of the HR professionals believe that contingency workforce should be managed in a controlled manner on grounds of financial, legal and security grounds. The HR professionals suggest that it is critical to manage the contingency workforce adopting a hiring, managing and releasing process (staffing process)
Microsoft settled $97 million in 2000 to pay pensions, health benefits and employee stock options in regard to a contingency workforce staffing process that was conducted for years to complete their projects. This indicates that contingency workforce management should be considered a staffing process part
Many organizations procure contingency workforce for specialized work nature and the HR should manage this contingency workforce as they contribute significantly to the organization staffing and performance of the company. HR professionals consider contingency workforce management or contingency staffing to be a capability management issue with the idea of rehiring the key personnel in their organizations after the end of the specific project or assignment. Some HR professionals comment that contingent staffing becomes an organization’s hidden cost and becomes extremely difficult to track or monitor the contingency workforce and the amount spent on them. Hence managing the contingency workforce should be considered a crucial part of the staffing process in organizations hiring contingency workers on a regular basis
Should hiring and managing the contingency work force be considered part of the staffing process? Explain...
Hudson Corporation is considering three options for managing its data warehouse: continuing with its own staff, hiring an outside vendor to do the managing (referred to as outsourcing), or using a combination of its own staff and an outside vendor. The cost of the operation depends on future demand. The annual cost of each option (in thousands of dollars) depends on demand as follows: Demand Staffing Options High Medium Low Own staff Outside vendor 900 650 400 Combination 700 600...
Discussion: Hiring & Credit Checks Topic Many employers are starting to utilize credit checks as part of the hiring process. Employers who run credit checks on potential employees favor hiring applicants with higher credit ratings. To complete the Discussion activity, please do the following: Answer each question fully. Use a minimum of 75 words for a complete discussion post. While it is not required in this discussion, feel free to bring in outside resources to support your answers. Outside resources...
When should intangibles be explicitly considered during the evaluation of a process improvement investment? Explain.
The five steps in managing risk are: Identify, Evaluate, Develop, Implement and Monitor. Briefly explain this process using an exam to illustrate your answer.
Your company is in the process of hiring a benefits specialist. As a future peer of the person to be hired, you will be one of the interviewers and will talk to all candidates. The company you are working for is a small organization that was acquired. The job advertisement for the position talks about the high level of autonomy that will be available to the job incumbent. Moreover, your manager wants you to sell the position by highlighting the...
explain how the planning and budgeting process works (or should work) in the restaurant industry
explain how the planning and budgeting process works (or should work) in a company of which you are familiar. This can be an organization that you used to work at, presently work at, or researched.
Discussion: Hiring & Credit Checks Topic Many employers are starting to utilize credit checks as part of the hiring process. Employers who run credit checks on potential employees favor hiring applicants with higher credit ratings. To complete the Discussion activity, please do the following: Answer each question fully. Use a minimum of 75 words for a complete discussion post. While it is not required in this discussion, feel free to bring in outside resources to support your answers. Outside resources...
Health care managers are responsible for identifying staffing needs, including reductions and additions to their teams. There are two parts to this assignment: Scenario 1 will challenge you to determine if a new hire is a viable option. Scenario 2 will give you the opportunity to “sell” your open position to an applicant. Both of these scenarios are based in statistics. Your responses should reflect a careful analysis of the statistical principles involved. Evaluation Title: Staffing Needs Scenario 1: Staffing...
Hudson Corporation is considering three options for managing its data processing operation: continuing with its own staff, hiring an outside vendor to do the managing (referred to as outsourcing), or using a combination of its own staff and an outside vendor. The cost of the operation depends on future demand. The annual cost of each option (in thousands of dollars) depends on demand as follows: Demand Staffing Options High Medium Low Own staff 600 550 350 Outside vendor 900 650...