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Employe Search Process - Assignment Example

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Therefore, the company will need to take stock of its current employees and then consider how many new ones are needed to maintain production rates after the…
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Employe Search Process
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Download file to see previous pages This approach increases the chances of drawing potential candidates from a wide pool of professionals. The vacancy’s details in advertisements will include the positions available, applicants educational requirements, and skill levels required from potential employees. Interested parties can then send in their applications by e-mail to reduce the potential candidates to those proficient with electronic communications.
The company’s expansion process requires it to have an intricate knowledge of the current trends in the US welding industry. Demand for welding and welded products fell from $6.113 billion in 2006 to $6 billion in 2011, and this drop was attributed to reduced demand in the construction and repair and maintenance markets (League Park Advisors, 2013, p. 5). According to the League Park Advisors report (2013), demand is expected to rise to $8.067 billion by 2016 as companies increase their production capabilities to meet growing market demand (p. 5). The labor availability in the welding industry is set to increase as industry players such as the manufacturing sector adopt automation for repetitive and hazardous tasks, but the demand for welding specialists will increase due to the need to monitor and direct these automation processes (League Park Advisors, 2013, p. 5).
Due to these changes in the market’s demands, labor availability will see a likely shift from the manufacturing industry as it increasingly adopts automation, towards sectors such as repair and maintenance and construction. Manufacturing services may also move from China as wages in that market increase, and this could increase demand for the US manufacturing market (League Park Advisors, 2013, p. 8). Projected annual growth rates of 6.8% and 11.8% for the repair and maintenance and construction markets respectively also dwarf the manufacturing market’s growth rate of 5.7% and also proposes reactionary shifts in the labor market (League ...Download file to see next pagesRead More
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