Dear all, I'm doing a project on benchmarking recruitment practices.
I m having a problem. After collecting the data about the recruitment practices of different companies, how can these practices be benchmarked????
Are there any statistical tools?? Waiting for your responses.
From India, New Delhi
1I m having a problem. After collecting the data about the recruitment practices of different companies, how can these practices be benchmarked????
Are there any statistical tools?? Waiting for your responses.
From India, New Delhi
hi bharti
Benchmarking can be done on various bases. For example a finance manager has a bench marking in cost basis. A production manager will have on Quality based benchmarking.
You first clearly understand on which basis you like to benchmark. FOr example, in the recruitment industry, there are various companies whose performance is good. some companies are cost effective. Some companies are good in their practices.
So first decide on the critiria for benchmarking and trace out the leading company in that criteria and start benchmarking that firm or company.
Hope i answered your query
with regards
jayavel.k
From India, Madras
Benchmarking can be done on various bases. For example a finance manager has a bench marking in cost basis. A production manager will have on Quality based benchmarking.
You first clearly understand on which basis you like to benchmark. FOr example, in the recruitment industry, there are various companies whose performance is good. some companies are cost effective. Some companies are good in their practices.
So first decide on the critiria for benchmarking and trace out the leading company in that criteria and start benchmarking that firm or company.
Hope i answered your query
with regards
jayavel.k
From India, Madras
hey,
there are a lot of statistics you can use for benchmarking - depending on what quantitative data you have collected.
ratio analysis is most commonly used - number of days taken to recruit a person, correlating that with number of methods used for recruiting, average number of applicants received using a particular method of recruitment etc.
if you have done cross industry benchmarking, you could use anova, chi square etc to compare and hypothesis.
From India, Mumbai
there are a lot of statistics you can use for benchmarking - depending on what quantitative data you have collected.
ratio analysis is most commonly used - number of days taken to recruit a person, correlating that with number of methods used for recruiting, average number of applicants received using a particular method of recruitment etc.
if you have done cross industry benchmarking, you could use anova, chi square etc to compare and hypothesis.
From India, Mumbai
hi rishabh !!!!
thanx a lot for ur response.
throgh my questionnaire i have collected the info like recruitment channels employed, advertising media, factors for assessing the fit for a job, types of tests conducted, drop out rate on any joining, training period etc.......
plz.. give some more details about anova and chi square.
thanking u in anticipation..
bharti
From India, New Delhi
thanx a lot for ur response.
throgh my questionnaire i have collected the info like recruitment channels employed, advertising media, factors for assessing the fit for a job, types of tests conducted, drop out rate on any joining, training period etc.......
plz.. give some more details about anova and chi square.
thanking u in anticipation..
bharti
From India, New Delhi
hey,
Chi square & anova are tool used in statistics for hypothesis testing - if you haven't used them, my advice would be to not use them - its difficult to use properly unless you are very comfortable with the tools.
It tests if the information you have collected (generally you take an average right out of all the data you've got) so it tests if there is significant difference in parameters - say for instance significant difference in training period accross different industries - say pharma, retail, banking etc (just an example).
This depends a lot on how big your sample is - if its to small i.e. less that 30, it won't be effective unless you have very very representative data (i.e. you are in a specialised industry where the total number of companies are less than 30 - basically population size is sample size; I hope you understand all these statistical terms)
You can do some correlation studies like correlating training period with drop out rates etc.
From India, Mumbai
Chi square & anova are tool used in statistics for hypothesis testing - if you haven't used them, my advice would be to not use them - its difficult to use properly unless you are very comfortable with the tools.
It tests if the information you have collected (generally you take an average right out of all the data you've got) so it tests if there is significant difference in parameters - say for instance significant difference in training period accross different industries - say pharma, retail, banking etc (just an example).
This depends a lot on how big your sample is - if its to small i.e. less that 30, it won't be effective unless you have very very representative data (i.e. you are in a specialised industry where the total number of companies are less than 30 - basically population size is sample size; I hope you understand all these statistical terms)
You can do some correlation studies like correlating training period with drop out rates etc.
From India, Mumbai
Hi Bharti,
I am doing my project on Sourcing and Selection Process... As you are already done with your project you could be a great help to me.
I am unable to get the recruitment data from the companies.. Till present I have been able to collect data from just 4 companies.. If you could share your data with me it would really help me a lot..
Please do let me know.. Waiting for your reply...
Regards..
From India, Delhi
I am doing my project on Sourcing and Selection Process... As you are already done with your project you could be a great help to me.
I am unable to get the recruitment data from the companies.. Till present I have been able to collect data from just 4 companies.. If you could share your data with me it would really help me a lot..
Please do let me know.. Waiting for your reply...
Regards..
From India, Delhi
Hi Bharti ....
i m doing project in benchmarking hr practices in IT industry..For dat i hav collected some info about recruitment practices of IT industry.... as u hav already done with ur project,pls help me out with the info you are having about the same.....
waiting for ur reply....
Regards
SWAPNA:icon1:
From India, Madras
i m doing project in benchmarking hr practices in IT industry..For dat i hav collected some info about recruitment practices of IT industry.... as u hav already done with ur project,pls help me out with the info you are having about the same.....
waiting for ur reply....
Regards
SWAPNA:icon1:
From India, Madras
Hi All,
I am in my summer internship and am doing a project on benchmarking the HR policies of my Company with the others in the industry. Can you people please guide me on what performance criteria should I carry out the project??
Your views will help me formulate the exact hypothesis and the questionnaire...
Thanks in advance,
Santosh
From India, Madras
I am in my summer internship and am doing a project on benchmarking the HR policies of my Company with the others in the industry. Can you people please guide me on what performance criteria should I carry out the project??
Your views will help me formulate the exact hypothesis and the questionnaire...
Thanks in advance,
Santosh
From India, Madras
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