ЁЯТ╝

Staffing in Commerce Master Class

Aug 5, 2024

100 Days Commerce Master Class - Staffing

Welcome

  • Welcome to all the students.
  • Today we begin discussion on a new chapter, Staffing.

Importance of Staffing

  • Staffing: Putting the right person in the right job.
  • Staffing requires human resources who can perform the work efficiently.

Five Functions of Management

  1. Planning: Planning all the tasks.
  2. Organizing: Creating departments.
  3. Staffing: Placing the right people in the right positions.
  4. Directing: Motivating the employees.
  5. Controlling: Evaluating the progress of the work.

Benefits of Staffing

  1. Selecting the right people: Placing the appropriate individuals in suitable positions.
  2. Assurance of superior performance: Placing the right people in the right roles ensures better performance.
  3. Growth of the organization: When everyone works together well, the organization grows.
  4. Proper utilization of human resources: Correct analysis of workload and workforce.
  5. Competitive advantage: Achieving success in competition with good staff.

Staffing Process

  1. Manpower Requirements: Determining how many people are needed.
    • Workload Analysis
    • Workforce Analysis
  2. Recruitment: Attracting a maximum number of candidates.
  3. Selection: Choosing the best candidates.
  4. Placement and Orientation: Introducing new employees to the workplace.
  5. Training: Developing necessary skills.
  6. Performance Evaluation: Assessing if employees are performing their tasks properly.
  7. Promotion and Career Planning: Promoting efficient employees.
  8. Compensation: Deciding salaries and other benefits.

Types of Recruitment

Internal Recruitment

  • Promoting or transferring existing employees.
  • Advantages:
    • Cheap, as they are already familiar.
    • Less training required.
  • Disadvantages:
    • Lack of new ideas.
    • Limited options.

External Recruitment

  • Attracting candidates from external sources.
  • Advantages:
    • New and fresh talent.
    • More options.
  • Disadvantages:
    • Expensive and time-consuming.
    • Adapting new employees to the organization's policies can be challenging.

Elements

  • Recruitment: Attracting a maximum number of candidates.
  • Selection: Choosing the best candidates.
  • Training and Development: Providing necessary training to employees.

Conclusion

  • An in-depth understanding of the staffing process is necessary.
  • In the next class, we will discuss the further process.

Full transcript