As the HR director of NM Enterprises,you are charged with selection and hiring of hundreds of new service employees.Recently the other major competitor in town has laid off numerous employees.Which of the following recruitment methods would be the most beneficial (cost effective)for you to use?

Question

Quizplus · Accepted Answer

Employee referrals are the most cost-effective recruitment method for hiring large numbers of employees. This method involves using your current staff to recommend potential candidates, which not only costs little to no money, but also tends to result in higher quality hires since your employees will likely only recommend people they trust and believe would be a good fit for the company. Additionally, the current economic situation of the competitor laying off employees may make it easier for NM Enterprises to attract top talent through employee referrals, as those individuals may now be more open to new job opportunities.

As the HR Director of NM Enterprises,you Are Charged with Selection