TY - GEN
T1 - Cost-Benefit analysis of the hiring process
AU - Bayraktar, Cahit Ali
AU - Ozbek, Mukaddes
PY - 2011
Y1 - 2011
N2 - One of the most important activities of Human Resources departments is the active management of the hiring process. The purpose of this study is to observe cost-benefit analysis methods about the calculation of additional contribution that the hiring process would create and to put into a practice. For the cost-benefit analysis of the hiring process, Taylor-Russell, Naylor-Shine, Brogden-Cronbach-Gleser and Fitz-Enz models were examined; after the models are compared with each other Brogden-Cronbach-Gleser model and suggestions of Fitz-Enz for this model were used in the practice. This study showed that the cost of the hiring process for the managements is quite low when compared with the additional contribution that active management of the hiring process would bring and managements should regard the hiring process not only as the whole expenses but as a serious investment decision.
AB - One of the most important activities of Human Resources departments is the active management of the hiring process. The purpose of this study is to observe cost-benefit analysis methods about the calculation of additional contribution that the hiring process would create and to put into a practice. For the cost-benefit analysis of the hiring process, Taylor-Russell, Naylor-Shine, Brogden-Cronbach-Gleser and Fitz-Enz models were examined; after the models are compared with each other Brogden-Cronbach-Gleser model and suggestions of Fitz-Enz for this model were used in the practice. This study showed that the cost of the hiring process for the managements is quite low when compared with the additional contribution that active management of the hiring process would bring and managements should regard the hiring process not only as the whole expenses but as a serious investment decision.
KW - Costbenefit analysis
KW - Hiring process
KW - Human resource management
UR - http://www.scopus.com/inward/record.url?scp=79955819832&partnerID=8YFLogxK
U2 - 10.1109/APPEEC.2011.5747674
DO - 10.1109/APPEEC.2011.5747674
M3 - Conference contribution
AN - SCOPUS:79955819832
SN - 9781424462551
T3 - Asia-Pacific Power and Energy Engineering Conference, APPEEC
BT - 2011 Asia-Pacific Power and Energy Engineering Conference, APPEEC 2011 - Proceedings
T2 - 2011 Asia-Pacific Power and Energy Engineering Conference, APPEEC 2011
Y2 - 25 March 2011 through 28 March 2011
ER -