Importance of Hiring The Right Person For The Organization
Recruitment and selection are vital functions of human resource management for any type of business organization (Gamage, 2014). Recruitment is the process of searching the candidates for employment and stimulating them to apply for jobs in the organization while selection involves the series of steps by which the candidates are screened for choosing the most suitable persons for vacant posts (Leopold,2002). Armstrong(2010) also argued that proper identification of job vacancies should be with HRM recruitment process and proper analysis of job requirement has to be take place. The recruitment problems within financial institutions can arise due to various factors that impact the workforce management & hiring process. I have chosen financial industry to discuss about the above mentioned matter. Not only the financial industry , this matter can be seen in other industries also, as it has become a common matter . The financial industry often face difficul...