Talent Planning and Acquisition Flashcards
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Which workforce planning analysis identifies the difference between an organization's current talent supply and its future talent demand?
Answer: Gap analysis
A gap analysis compares projected labor demand against the expected internal labor supply to reveal surpluses or shortages.
What is the primary purpose of a replacement chart in succession planning?
Answer: To identify ready candidates for key positions
A replacement chart maps potential internal successors and their readiness for critical roles.
A company hires temporary workers through a staffing agency during a seasonal peak. This is an example of:
Answer: Contingent staffing
Contingent staffing uses temporary, contract, or agency workers to meet fluctuating labor needs.
Which metric divides total recruiting costs by the number of hires?
Answer: Cost-per-hire
Cost-per-hire totals internal and external recruiting expenses divided by the number of positions filled.
Under federal law, what document must employers complete to verify a new hire's identity and authorization to work in the U.S.?
Answer: Form I-9
Form I-9 documents verification of identity and employment eligibility for all new hires.
A yield ratio of 50% from application to interview means that:
Answer: Half of applicants advanced to interviews
A yield ratio measures the percentage of candidates moving from one recruiting stage to the next.
Which sourcing strategy relies on current employees recommending candidates from their networks?
Answer: Employee referral program
Employee referral programs leverage existing staff networks and typically yield strong-quality, lower-cost hires.