Recruitment and Selection Strategy/Rewards and Compensation Plan. Using information from previous weeks, update your plan by incorporating what you have learned. You must Be sure to include the impact globalization may have on your staffing strategy and factors that could affect the HR management of your selected company. The plan should contain the following information:
• Recruitment and Selection Strategy
o What are the key qualifications for a person filling the position?
o What is the recruitment strategy?
• Relevant labor market (must include discussion of home country versus host country staffing for each position)
• Role of succession management and career management
• How will candidates be identified?
o Search firms
o Advertising
o Internet
? Career planning system
? Other
• How will candidates be attracted?
o Employment branding
o Advertising
o Other
• How will you select the final candidates?
o Interview methodologies
o Testing
o Reference checking
o Background and criminal checks
o Who will be involved in the process?
• Will you offer incentives to candidates?
• Rewards and Compensation Plan for each position and the region
o What is the most appropriate way to determine base pay?
• Job-based pay
• Person-based pay (skills or competencies?)
o What other rewards considerations should be included for this position or business unit?
• Base pay as a percent of total pay
• Benefits packages including global considerations
• Incentive packages
o Individual
o Team
• What are the administrative issues associated with the staffing and rewards plans?
o Affirmative action and EEO
o Disparatetreatment
o Disparate impact
o Metrics and Measurements