Question: 3. Chern's has used six different sources for FTSA applicants in the past (see below). You are going to prioritize the six recruiting sources to

3. Chern's has used six different sources for FTSA applicants in the past (see below). You are going to prioritize the six recruiting sources to maximize the effectiveness of the company's hiring efforts. Based on the staffing outcomes and costs provided in the table below, rank order the recruiting sources to more effectively recruit for the FTSA position. Be sure to provide specific rationale for each of the rank-ordered sources. (10 pt) Cost per Hiring Speed Hire Culture Fit Average First Year First Year Financial Return Turnover Rate College Hiring 5 months $4,000 Good $30,000 20% Employee Referrals 2 months $2,600 Very good $38,000 10% Chern's.com 2 months $1,500 Good $38,000 20% Search Firm 3 months $5,200 Average $20,000 15% Walk-ins 1 month $1,500 Poor $5,000 30% Newspaper Ads 2 months $2,000 Poor $4,000 25%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Antonio s Company has been making pizza sauce for the last 9 0 years. The company supplies pizza sauce to three different market segments including food service firms, manufacturers, and...

1. You are an HR manager of Chern's department store, and are trying to forecast the number of its full-time sales associates (FTSA) for your flagship store in NJ next year. To that end, you are...

1. You are an HR manager of Chern's department store, and are trying to forecast the number of its full- time sales associates (FTSA) for your flagship store in NJ next year. To that end, you are...

HR 1. You are an HR manager of Chern's department store, and are trying to forecast the number of its full-time sales associates (FTSA) for your flagship store in NJ next year. To that end, you are...

1. You are an HR manager of Chern's department store, and are trying to forecast the number of its full- time sales associates (FTSA) for your flagship store in NJ next year. To that end, you are...

Chern's has used six different sources for FTSA applicants in the past (see below). You are going to prioritize the six recruiting sources to maximize the effectiveness of the companys hiring...

Strategic Staffing at Chern's: A Case Study CHERN'S COMPANY HISTORY AND ORGANIZATION Siblings Ryan and Ann Chern founded Chern's, an upscale men's and women's department store, 20 years ago after...

Complete and submit Chapter 6 Case Assignment questions a., b., and d. (see pages 559-560) Please note that you do not have to do what is noted in the Appendix for this chapter in the paragraph...

Chern's currently uses six different sources for sales associate applicants: colleges, employee referrals, Cherns.com, a search firm, walk-ins, and local newspaper ads. The company just finished...

Sourcing: Identifying Recruits La Mer currently uses six different sources for front desk/concierge applicants: colleges, employee referrals, the company websit, a search firm, walk-ins, and local...

Write a program which uses a structure having the indicated member names to store the following data: Name (student name) IDnum (student ID number) Tests (an array of three test scores) Average...

The following information is given for the set of activities: Activity Predecessor(s) Duration(day) A B C D E A, B B, C 4 3 6 5 B1) Draw Activity on Arrow Diagram (AoA) and mention EET's (earliest...

1 . Write short notes on the following terms as used in Public Sector Financial Reporting i . Consolidated Fund ii . Contingency Fund iii. Sinking Fund iv . Appropriation bill v . Public Accounts...

Configure the simulator to preset A which allows us to see the location of the boat on the map. (This is a helpful simplification to help us get started with this technique - normally the main goal...