Employee engagement & selection are two major decisive
factors in modern HR world. In Srilankan financial sector employee turnover is
in very high number due to the financial crisis in the country and political
instability. Due to above reason employee selection and engagement process
plays a vital role in modern HR environment. Employee engagement mean employee
engagement is a workplace method designed to improve an employee’s feelings and
emotional attachment to the company, their job duties, position within the
company, their fellow employees, and the company culture.
These are some common objective that organizations are
enable to archive in present scenarios
1.Increasing the efficiency
2.Improving productivity
3.Targets archiving
4.reduceing employee turnover
5.competetor treats
University of York suggests that ‘employee engagement is a combination of
commitment to the organization and its values plus a willingness to help out
colleagues …. Employee Engagement goes beyond job satisfaction and is not
simply motivation’ (University of York, 2008). Present employee engagement
become main topics which directly influence for the archiving organizational
goals in financial sector. As a result, HR specialist found many factors which
directly influence employee engagement.
Employee selection mean Employee Selection is the process of
interviewing and evaluating the candidates for a specific job and selecting an
individual for employment based on certain criteria (qualifications, skills and
Experience).
Key
components of employee selection process
These are common step follows in the selection process in financial
sector
Job Analysis: Understanding the requirements of the position
through job analysis helps organizations create accurate job descriptions and
specifications, outlining the skills, qualifications, and experiences necessary
for success in the role.
Recruitment: Recruitment strategies aim to attract a diverse
pool of qualified candidates through various channels such as job boards,
social media, referrals, and recruitment agencies.
Screening and Shortlisting: Screening resumes, conducting
initial interviews, and assessing candidates against predetermined criteria
help narrow down the candidate pool to those who best fit the job requirements.
Assessment: Assessing candidates through interviews,
aptitude tests, psychometric assessments, and job simulations provides deeper
insights into their skills, competencies, and cultural fit.
Selection Decision: Based on assessment results and
interviews, organizations make informed decisions about which candidates to
extend job offers to, considering factors such as qualifications, experience,
potential, and cultural alignment.
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Onboarding: Effective onboarding processes help new hires integrate smoothly
into the organization, understand their roles and responsibilities, and become
productive members of the team.
References
bambooHR. (2024). Employee Engagement in HR. What
is the Definition of Employee Engagement.
Jahan, S. (2015). Employee Selection. human
resource management practics.
University of
York (2008), Employee Engagement [online].Available at
http://www.york.ac.uk/admin/hr/abouthr/strategy/employee_engagement.(Accessed:
25th August 2021).
Gusdorf, M., 2008. Recruitment and Selection: Hi
ring the Right Person. Alexandria: SHRM Academic
Initiatives, p.11
HR university -
YouTube Available at https://www.youtube.com/watch?v=UUmBKsY8i-A
Agree. Further, Investing in employee engagement may incur costs for the organization initially, but the long-term benefits typically outweigh these expenses. Since, engaged employees are more likely to stay with the organization, reducing turnover costs associated with recruitment, onboarding, and lost productivity due to vacancies (Harvard Business Review Analytic Services, 2017).
ReplyDeleteAbsolutely Samudra, Employee turnover is a significant concern for businesses, as high turnover rates can lead to increased costs, reduced productivity, and decreased morale. Recruiters play a crucial role in reducing turnover by implementing strategies that focus on employee satisfaction and engagement from the start. (Stachniewska, 2023)
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ReplyDeleteI am aligned with your argument, positive employee engagement can be critical to a company's success, the cornerstones that steer the employ engagement are enablement, energy, empowerment and encouragement. In addition, by collaborating with highly engaged employees, an organization can sustain life long. Strive workforce is an unsurpassed asset for the company (Rana and Chopra, 2019).
ReplyDeleteOvidiu (2013) suggests that management can simply focus on two aspects of which, one is to concentrate in reducing the factors that causes job dissatisfaction while the second is to concentrate in improving the motivating factors along with the employee empowerment which eventually leads to employee motivation, along with improved performance
DeleteAgreed with your arguments. Further, engagement can affect employees’ attitudes, absence and turnover levels and various studies have demonstrated links with productivity, increasingly pointing to a high correlation with individual, group and organizational performance, a success measured through equality of customer experience and customer loyalty (Hemsley, 2008)
ReplyDeleteArmstrong (2012) states that motivation is concerned with the strength and direction of behavior and the factors that influence people to behave in certain ways.
DeleteAgreed with your points, Employee engagement is critical in improving organizational profitability and facilitating customer service capabilities among employees, according to Osborne and Hammoud (2017).
ReplyDeleteYes. High level of engagement is associated with high level of performance, citizenship behavior and individual well-being. (Truss, et el,. 2013).
DeleteAgree with you, Organizations with a high level of engagement result in more profit to the organization and financial gains to satisfy customers (Phani Sree and Lakshmi, 2020).
ReplyDeleteYes Gayani, "an outcome measured or seen as a result of people being committed to something or someone in the business – a very best effort that is willingly given”.’(Suff, 2008). Engaged employees are the best assets that an organizations can ever have
DeleteAgree with you. A company with a highly engaged workforce will have happy employees who are dedicated to their jobs, resulting in increased overall productivity and fewer employee turnover. As a result, establishing proper policies and frameworks to promote employee involvement is a major priority for the company. (Vance, 2006)
ReplyDeleteThis reason has led management to create an competitive edge over other companies as Janine (2019) states that the motivation being a driving factor which enables a behavioral change towards attaining individual goals.
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