Preliminaries of Mathematical Models
Human resource professionals derive their practices from
previously conducted research that has yielded numerous theories (Sulich 2015).
Practitioners utilize those theories to implement strategies designed to best
manage their workforces (Ardichvili, Michell & Jondle 2009). Different
mathematical models and theories which may be commonly used and developed in
the recruitment area. Considering job market as a two-sided model (Arcaute
& Vassilvitskii 2009) is not enough, because relations between participants
are complex. This statement demonstrates how mathematical techniques have
evolved throughout time in order to avoid the complexity of the hiring process.
The success of hiring process rests on selecting the proper
approach and methodology (Johanson 2009). The algorithms and models are secret
and proprietary for all companies - issuers and their clients. Although there
are some scientific publications describing preliminaries of mathematical
models used in recruitment (Weber 2012).
Statistical
Techniques
Structural Equation Modeling (SEM) is a family of
statistical models that seek to explain the relationship between multiple
variables and are more effective when testing models that are path analytic with mediating
variables and contain latent constructs that are being measured with multiple indicators
(Hair et al. 2006). SEM researchers propose a two-step procedure when testing
theoretical models (Medsker et al. 1994).
- The first step is to examine and validate the
measurement model
- The second step tests the structural model and
conducts hypothesis tests
(Garver and Williams, 2009).
Measurement model: Validity and Reliability
Confirmatory Factor Analysis (CFA) was used for a
simultaneous assessment of overall and specific elements of measurement
validity and reliability. CFA showed that all factor loadings and path coefficients
were statistically significant. The t-values were above the required value of 1.96.
Convergent validity is good as all the items and variables has high and
significant factor loadings greater than 0.60 (Bagozzi and Yi 1988). Discriminant
validity was measured by comparing the square root of the average variance
extracted to the correlation between constructs (Braunscheidel and Suresh
2009). Moreover, the correlation coefficients among the constructs do not
exceed 0.85, indicating that multicollinearity is not a problem (Kline 2005).
Reliability estimates for the three scales, based on the CFA, all exceeded the
0.70 cut-off value suggested by Hair et al. (2006) providing evidence of scale
reliability (RMs-0.92, SMR-0.89, OLR-0.72, ADV-68, ICS-0.81and ROs-0.83). The
combined variance accounted for was 77.52%. Common method bias is less of an issue
if more than one factor is identified, and none of the factors account for the majority
of the variance explained (Patel and Conklin 2012). The overall fit statistics
of the CFA are χ2 = 83.107; d.f.= 76; p =0.084; CFI = 0.815; GFI = 0.817; RMSEA
= 0.076; CMIN/df = 2.358; RMR = 0.034; and NFI = 0.938.
- Social Media Recruitment (SMR)
- Recruitment Methods (Rms)
- Online Recruitment (OLR)
- Job Advertisement (JA)
- Recruitment Outcomes (Ros)
- Information Credibility and Sufficiency (ICS)
- Perspective of Pre-Hire Outcome (PEHO)
- Post-Hire Outcome (POHO)
- Model Fit Indices (CFI, GFI, and NFI)
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Measurement
fit model and the mean, standard deviations, and correlations among variables (Muduli and Trivedi 2019) |
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Hypothesized model (Muduli
and Trivedi 2019) |
Structural Model and Findings
The c2 statistic was non-significant (χ2 = 103.347; d.f. =
75; p = 0.01), indicating an acceptable fit (Kline 2005). Each of the remaining
models fit indices shown in Table 3(CFI, GFI, and NFI) exceed the acceptable fit
level of 0.90 (Kline 2005). The RMSEA does not exceed the acceptable fit
measure of 0.08 (Browne and Cudeck 1993), nor does the RMR exceed 0.05 (Kline
2005). The probability value that the model is a close fit is convincing at
0.950. Joreskog and Sorbom (1996) suggested that the p-value for this test
should be >0.50.
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Measurment structural model (Muduli and Trivedi 2019)
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The path estimates show that RMs significantly relates with
RO (β = 0.176, p < 0.001). In detail, SMR significantly relates with PEHO (β
= 0.236, p < 0.005) and POHO (β = 0.186, p < 0.005), OLR significantly
relates with PEHO (β = 0.108, p < 0.005) and POHO (β = 0.132, p < 0.005),
JA significantly relates PEHO (β = 0.088, p < 0.001). Only JA is
insignificantly related with POHO (β = 0.055, T = -0.853) (Muduli and Trivedi 2019). | Path Coefficients Model (Muduli and Trivedi 2019) |
Mathematical Approach Case Example (Survey) A survey done by Chakravarthy and Selvakumar (2018), evolved
a study has been taken on the topic “A Study on effectiveness of
Recruitment and Selection Process at Jiffy solutions, Chennai”, to analyze the
effectiveness and various sources of the recruitment and selection process. Analysis
and interpretation are based on the responses of 150 respondents who were
administered a questionnaire that contains personal data and their views
about the recruitment and selection process and procedure. By analyzing the data,
the researcher came to the findings that 100 percent of the respondents are
aware of the recruitment and selection process and 70.67 percent of the
respondents say that HR policies are a major factor influencing the recruitment
and selection process. The mathematical approach of this survey has found the following
findings. - 100 per cent of respondents are having awareness of
recruitment and selection process of the organization.
- 90 per cent of respondents preferred both sources of
recruitment.
- 100 per cent of respondents said that employee referral is
the main source of internal recruitment.
- 56 per cent of respondents came to know about vacancy
through consultants.
- 71.333 per cent of respondents feel that consultants play a
vital role in recruitment process.
- 70.67 per cent of respondents agreed that HR policies are the
factor that influences the recruitment process.
- 77.33 per cent of respondents believe that recruiter should
be knowledgeable and experienced personnel.
- 43.33 per cent of respondents are satisfied with the
recruitment and selection process of the organization.
- 5.33 per cent of respondents are disagreeing in saying that
recruitment is a challenging task for the recruiter.
- 30.67 per cent of respondents prefer technical interview in
case of selection process.
- 31.33 per cent of respondents prefer HR interview in case of
selection process.
- 52 per cent of respondents are highly satisfied with the
candidate eligibility verification followed in the organization.
- 94.67 per cent of respondents agreed that selection of
candidates is strictly adherence to the HR policies of the organization.
- 70.67 per cent of respondents said that no preference is
given to female candidates.
List
of References - Arcaute, E and Sergei, V. (2009). Social Networks and Stable
Matching in the Job Market
- Ardichvili, A., Mitchell, James and Douglas Jondle (2009).
Characteristics of ethical business cultures. Journal of Business Ethics,
85(4), 445-451.
- Bagozzi,
R.P. and Yi, Y. (1988), “On the evaluation of structural equation models”,
Journal of the Academy of Marketing Science, Vol. 16 No. 1, pp. 74-94.
- Braunscheidel,
M.J. and Suresh, N.C. (2009), “The organizational antecedents of a firm’s
supply chain agility for risk mitigation and response”, Journal of Operations
Management, Vol. 27 No. 2, pp. 119-140.
- Browne,
M.W. and Cudeck, R. (1993), “Alternative ways of assessing model fit”, Sage
focus editions, Vol. 154, pp. 136-162.
- Chakravarthy, C.S. and Selvakumar (2018) “International
Journal of Pure and Applied Mathematics,” A study on recruitment and
selection process in jiffy solution, 119(12). Available at:
https://www.ijpam.eu/.
- Garver,
M.S. and Williams, Z. (2009), “Examining a model of understanding customer
value and satisfaction data”, Marketing Management Journal, Vol. 19 No. 1, pp.
113-132.
- Hair, J., William, C.B., Barry, J.B. and Rolph, E.A. (2006),
Multivariate Data Analysis, 7th ed., Prentice Hall, Englewood Cliffs, NJ.
- Johanson, P. (2009). Human Resource Management in changing
organizational contexts. [In:] D. G. Collings & G. Wood (Eds.), Human
resource management: A critical approach (pp. 19-37). London: Routledge.
- Joreskog,
K.G. and Sorbom, D. (1996), PRELIS 2 user’s reference guide: a program for
multivariate data screening and data summarization: a preprocessor for LISREL,
Scientific Software International, Lincolnwood, US.
- Kline,
R.B. (2005), Principles and Practice of Structural Equation Modeling, second
ed., Guildford Press, New York, NY.
- Medsker,
G.J., Williams, L.J. and Holahan, P.J. (1994), “A review of current practices
for evaluating causal-models in organizational-behavior and human-resources
management research”, The Journal of Management Development, Vol. 20 No. 2, pp.
439-464.
- Muduli, A. and Trivedi, J.J. (2019) “Recruitment methods and
outcomes,” Recruitment methods, recruitment outcomes and information
credibility and sufficiency.
- Patel,
P.C. and Conklin, B. (2012), “Perceived labor productivity in small firms—the
effects of high–performance work systems and group culture through employee
retention”, Entrepreneurship: Theory and Practice, Vol. 36 No. 2, pp. 205-235.
- Sulich, A. (2015). Mathematical models and non-mathematical
methods in recruitment and selection processes.
- Weber, L. Your Résumé vs. Oblivion, Inundated Companies
Resort to Software to Sift Job Applications for Right Skills. The Wallstreet
Journal. January 2012.
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Manodya , you have read a lot. it implies through your blog post. To be honest I felt I need to read more related to statistical studies related to recruitment and selection.
ReplyDeleteAccording to theories, the recruitment process can be largely enhanced by means of Rodgers' seven point plan, Munro-Frasers five-fold grading system, personal interviews, as well as psychological tests (Jones et al. 2006).
Toward that end, Taher et al. (2000) carried out a study to critique the value-added and non-value activities in a recruitment and selection process.
Hiring the right talent at the right time at the right cost to ensure the organizational strategic goals is rest with the human resource management.
Good Post Manodya, The primary responsibility of the HR department is recruitment, and the hiring process is the first step in creating a competitive edge and recruiting advantage for the association. Finding and snagging a qualified or suitable individual to fill the open position is the process of recruitment (Anwar & Abdullah, 2021).
ReplyDeleteGood to see mathematical analysis Manodya. I did observe in CFM model all the factors are positively correlator each other and such correlations are not much strong. As my observation online recruitment and advertising method are more viable for the prepose. Thank you for given such survey information and it is in my context ,it is unique dimension for assessing recruitment process.
ReplyDeleteThe recruitment and selection process is one of the most important aspects of running new and established businesses alike. The right employees can take your business to new heights (Jain & Gupta, 2019). The wrong ones can hurt business by missing sales, turning customers off and creating a toxic workplace environment. Follow experts' advice on each step of the recruitment and selection process to put together a team that fits with and enhances your business culture, goals and objectives (Hanaysha & Majid, 2018).
ReplyDelete