📖 generic · 12th TN - English Medium · COMMERCE · Page 88poem

B. Indirect

Chapter 9: Chapter 10 · COMMERCE

B. Indirect i. Employee referral – The existing employees of the organisation may recommend some of their relatives or known people who ii. Upgrading – Performance appraisal helps in the process of moving employees from a lower position to a higher position iii. Promotion – Based on seniority and merits of the employees they are given opportunity to move up in the organisational hierarchy iv. Demotion – Movement of employee from a higher position to a lower position because of poor performance continuously to make him realise the significance of performance v. Recommendation by existing Employees – A family member, relative or friend of an existing employee can be recruited and placed vi. Job rotation – One single employee managing to learn how to perform in more than one job on rotation. This familiarises the employees with all kind of jobs performed and becomes a source. vii. Retention – The retiring employees can be used to meet the requirement after superannuation as per management discretion viii. Retired employees - The employees who have already retired can be called to fill the vacancy as they have the required qualification and experience ix. Dependants – The legal heir or the dependent employee may be given a chance to replace the deceased. x. Previous applicants – The applicants who have already applied for any job advertised in the past whose name appears in the data base but not selected at that point of time can be utilised xi. Acquisitions and Mergers – This is another way by which the organisation acquires another business unit or merging with another establishment. 12th Commerce Unit - - . . PM will be suitable for the existing vacancies. Based on the credibility of the employee the referrals will be considered. ii. Government/Public Employment Exchanges – These are exchanges established by Government which facilitates recruitment throughout the country. It makes available the information required through the data base for the employer as well as the job seeker by bridging the gap between them. iii. Private Employment Agencies – These are similar to Public employment exchanges except that

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