Ft Lauderdale

Shervin Jahangiri

6/21/2015

MGT 367

Fort. Lauderdale Case

1. What are the yield ratios for each step in the recruitment and selection process across all the recruitment sources? What are the implications of these ratios for future hiring? Could you also calculate a yield ratio for a particular recruitment source? Why would that be helpful to do?

Stage 1 YR | Stage 2 YR | Stage 3 YR | Retention Ratio | Cost Ratio |

8.00% | 75.00% | 88.89% | 60.00% | $1.33 |

6.67% | 55.00% | 81.82% | 33.33% | $2.30 |

67.83% | 82.05% | 87.50% | 45.28% | $4.04 |

64.52% | 70.00% | 64.29% | 42.86% | $9.52 |

51.35% | 36.84% | 100.00% | 85.71% | $6.76 |

23.54% | 70.47% | 84.76% | 48.72% | $3.00 |

The three yield ratio percentages in the chart shown represents the stages of the recruitment process and are rounded to the nearest hundredth. The yield ratios for stages one through three are 23.54%, 70.47%, and 48.72%. Considering the constancy of recruiting methods used and that the pace of the labor market has not changed after yield ratios were calculated these ratios imply that future hiring results will most likely be positive. By reversing the calculations of the yield ratios a recruiter can calculate a specific target number of applicants in order to fill a certain number of positions needed for a specific source. This is useful because it can analyze efficiency within specific recruitment strategies.

2. What are the advantages and disadvantages of the various recruiting methods used by the Fort Lauderdale Herald? Where should they focus their recruitment efforts in the future?

An advantage to Ft. Lauderdale Herald’s corporate website recruiting process is inexpensive and is yielding a large number of potential applicants, the corporate website also yields a low rate of potentially qualified applicants and a low number of employees lasting longer than 6 months. The job board method yielded a largest sum of potential applicants with 300 but was also the most...