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HRA335: Case Study #4 - Ernst and Young Inc (MOD 4) - Essay Example

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Once an employee is leaving one organization is switching to a different organization. In that different organization employee would learn different techniques and tactics. All those…
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HRA335: Case Study #4 - Ernst and Young Inc (MOD 4)
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Ernst and Young Inc ANS Yes, it is a good idea for Ernst and Young to hire previous employees into the organization. Once an employee is leaving one organization is switching to a different organization. In that different organization employee would learn different techniques and tactics. All those different techniques and tactics can be incorporated into the organization by hiring the previous employees. It would save lots of time and costs for the organization to give training to the employees. The particular employee is very much aware with the organization culture and standard operating procedure of the company. The previous employee now in the time of joining once again is more superior as far as the experience is concern. The employee would be able to adapt itself easily as the working atmospheres of Ernst and Young would know to them. It would help the organization to get the best out of its employee who is joining the company with a new and fresh enthusiasm. I do support this idea of Ernst and Young.
ANS 2
Yes, there is one company to which I would consider to return. I would consider returning to Price Water House Coopers. There are criterions on the basis of which I would like to reapply with my previous employer. Increase in the remuneration package is certainly one of the most important criterion on the basis of that I would return to the previous employer. Location preference is also an important criterion for me to going back to my previous employer i.e. Price Water House Coopers. The domain of work specifically projects suitable with my interest is also an important criterion for returning back to my previous employer. Designation offered to me is also a very important criterion for me to return back to my previous employer. Different perks and facilities may be in cash or kind apart from my stipulated salary is also a very important criterion for retuning to Price Water House Coopers. If objective of the company and goal of my career is converging then I can return to my previous employer.
ANS 3
Nothing is unmixed blessing in this world. This kind of alumni networks and web site is also having some advantages and disadvantages. Those advantages and disadvantages are discussed below.
Generally this kind of website makes the background checking of the employee easier. In this kind of system the concept of referral makes it easy for the company to choose right person. It maintains a good healthy relationship with all its previous employees and lots of ideas are changed with the help of this kind of website. This kind of website reduces time and cost for hiring people. These types of websites are very advantageous for the company to hire right people for right position.
Disadvantages of this type of website are it makes the source of talent very limited in nature. The company would have very limited options and alternatives as far as the number of applicant is concern. Often hiring can be done on the basis of biasness not on the basis of proper talent (Phillips and Gully, 2012).
Reference
Phillips, J. M. and Gully, S. M. (2012). Strategic staffing (2nd ed.). Upper Saddle River. Prentice Hall: New Jersey. Read More
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