Tuesday, October 29, 2019
Human Resource Management - Yahoo Coursework Example | Topics and Well Written Essays - 500 words
Human Resource Management - Yahoo - Coursework Example ent high numbers of employees who are highly paid do not create the required difference in order to improve the competitiveness of the company in the market. The demand for labor in Yahoo is based on pressure put by competitors. With only few qualified personnel in the market, the company is under pressure to hire new employees in order to prevent them from joining the rival firms. However, instead of the company hiring out of pressure, it should first maximize the returns by the existing subordinates. This is through providing them with a serene working environment where they can be able to maximize their potential through innovation. This would play a significant role in improving the competitive advantage of the company in the market. The first action that will strengthen the internal recruitment process is training of the panel that will be recruiting new employees. New recruits need to fit in the organizational structure. Therefore, the panel needs to ensure that they recruit an employee who would auger well with the current organizational goals and objectives. Therefore, through training, the panel will be able to select the best employees who will be able to integrate with the organizational culture. The internal recruitment process would be strengthened through drafting an effective performance appraisal. The drafting process should involve all the employees. This is through collecting their views on what they would like the performance appraisal to look like. This would make them feel appreciated and work hard because they are sure that the appraisal would be able to recognize their effort. The use of the performance appraisal would make the recruitment to be more transparent, an aspect that would motivate the employees to put more effort in order to be promoted. The Yahoo corporate strategy is to grow and become more competitive (Hill and Gareth 233). The employees understand the challenges that the company is going through. Therefore, this strategy
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