Human Resource Essay

Aspect

Describe the aspect of the proposed HR idea in actual practice

Social media presence

Since the company has social media accounts, the audience the company can reach will identify whether it is a good platform for recruitment.

Advertising

After opening its social media accounts, the company should advertise vacant employee positions.

Application

The interested candidates will apply for the advertised positions and upload their testimonials.

Evaluation

The applications that have been made should be vetted to verify that they meet the necessary requirements.

Skills Tests

The shortlisted candidates should do an online aptitude test to verify the skills that they possess.

Employment

After the test, the company should decide on the employees to employees depending on their performance.

Cost

Assumption

Calculations

Projected Costs

Website security costs

Using the average maintenance and security costs per week for two weeks used in evaluation and tests

$1500*2 weeks

$3000

Staff time lost

Cost for three employees that evaluate the applications for 8 hours for 2 weeks

$14.49 * 8* 14*3

$4868.64

Training costs

The training costs for the employed employees for 3 hours during their first day. It also includes the payments made to the trainers

$10,000

$10,000

Miscellaneous costs

The emergency costs or unplanned costs that may be incurred

$500

$500

Total costs

The costs incurred in a single recruiting process

3000 + 4868.64+ 10000+ 500

$18,368.64

Benefits

Assumption

Calculation

Projected Benefits

Staff time saved

Through social media recruiting, a lot of time is saved that would have been used in conducting the interviews. A panel of 10 people conducts interviews for 8hrs for 2 days

$20*2*8*10

$3200

Recruitment of employees with higher quality skills.

It is assumed that the employees will bring in more value. In this case assume that the employees will bring i 0.01% more value

0.01/100*387million (2019 net profit)

$38,700

Total Benefits

The total benefits that the company will have when they adopt social media recruiting

38700 + 3200

$41900

Net Benefits

It represents the total benefits less the total costs

41900- 18,368.64

$23,531.36

Who

Determine Consequences

Effectively communicate.

Department managers

Some people in the managerial skills may prefer the normal recruitment process so that they may earn allowances.

Social media recruitment will save time and also the costs that will be incurred in recruitment. Such funds may be invested in other fruitful projects.

Department employees

Some employees may not be willing to work with the newly recruited employees as they may pose a threat as they may be highly qualified.

It will promote teamwork among the employees, thus resulting in a better working environment.

Others impacted

Customers

It will impact the customers positively due to the recruitment of highly qualified employees

Since the employees have all the required skills and knowledge, they will contribute to customer satisfaction.

Positive change

Show HR practice is the source of the change

The net profits in the departments that new employees were employed should be evaluated to identify whether there is an increment.

Due to the recruitment of highly skilled employees, they may have resulted in an increase in net earnings

The recruitment budget should be evaluated and analyzed for any changes in the costs incurred.

Social media recruitment may lead to any reduced costs identified in the budget. That may be associated with the lower costs incurred in social media recruiting.