Arrow Electronics (NYSE: ARW) is a Fortune 500 company headquartered in Melville, New York. The company specializes in distribution and value added services relating to electronic components and computer products.


It focuses on the fact that the anticipated satisfaction of different valued goals that helps individual to adjust his or her behavior in a way that will help him or her to attain his or her goals. Thus, expectancy theory is considered as a result of three important factors such as: the own assessment of one person regarding his or her performance or expectancy; the perceived likelihood that the said result will result in attainment of a given reward or instrumentality; and the assessment of a person regarding his or her likely satisfaction, or known as valence that is connected with the reward (Salaman 2005, p. 320). The said theory explains the motivation that is resulted from the performance management system of Yahoo!. The company is applying a system that ranks the employees from 1 to X based on their performance. During the reviews, all of the employees will be informed about their increase with comparison of others. Thus, it will help to motivate the employees in improving their performance in order to maintain their current position or to gain higher position or ranking (Team Building Inc. 2006). As a result, the company enables to focus on the personal goals of the employees, which is considered as the primary aspect in the expectancy theory.

The said two important theories shows that in terms of strategic perspective, the performance management systems in a specific organization should encourage and motivate the employees to produce high levels of discretionary effort and attain basic task accomplishment into superior performance of individual (Taylor & Doherty 2008, p. 136). As a result, it is considered as one of the most important aspects of the SHRM.

EXTERNAL METHODS:

1. FORMER EMPLOYEES-The company hires back its best ex-employees especially for Senior Sales Manager post.

2. COLLEGES-From colleges they recruit candidates for Sales Manager & Sales Executives posts. The minimum salary package for the freshers is 1.8 lacs for Area Sales Manager,2.5 lacs for Sales Manager,3.5 lacs for Senior Sales Manager.

3. JOB FAIR-Recruiting method engaged in by a single employer or group of employers to attract the large number of applicants to one location for interviews.

4. ADVERTISING- Advertisements are the most common form of external recruitment.

They can be found in many places (local and national newspapers,
notice boards, recruitment fairs) and should include some important
information relating to the job (job title, pay package, location, job
description, how to apply-either by CV or application form, etc). Where
a business chooses to advertise will depend on the cost of advertising
and the coverage needed i.e. How far away people will consider
applying for the job.
*THROUGH PRINT AND ELECTRONIC MEDIA BOTH.

The company uses PASSES technique for selection.
P-Prospect
A-Approach
S-Seminar
S-Screening
E-Evaluation
S-Selection

• PROSPECT-They check whether the candidate is fit for the job or not.

• APPROACH-The company approaches with the candidates through emails or telephone.

• SEMINAR-The company then conducts seminar. For major seminars they hire hotels but for small ones they prefer company’s training room.

• SCREENING-They communicate the job profile to the filtered candidates.

• EVALUATION-They give them basically the sales target, or evaluate them on the basis of experience, age factor, communication skills. This is a kind of WORK SAMPLE TESTING.

• SELECTION-Finally they select the candidate on the basis of the results of evaluation.

Human resource outsourcing has been a trend in many business industries ever since the business model of outsourcing was developed. The concept of human resource outsourcing refers to having an external company function as your own human resource department to allow your management to concentrate on business production and development.



In choosing the right human resource company to hire, you need a guideline to narrow down your choices. First and foremost, it is important that you talk to your business partners regarding the plan of outsourcing. This will help you identify the needs of your company regarding human resources. Discussing this matter with your business partners can help you have insights of the business' different aspects and make you perceive the business needs from a different perspective.



The next thing you have to do is to set your requirements to determine the right company that will provide you with efficient human resources management consulting service. You need to have an idea of the employee qualities that will suit the needs of your company. The first thing you have to look for is commitment. The company should be committed to providing you with services that will fulfill the actual functions and responsibilities of a human resource department. You should be able to feel that they are supporting your company by showing it in the quality of their service.



Receptiveness should also be exemplified by your human resources management consulting company. They should be able to respond to your inquiries and needs as soon as possible. Your human resource company should also be able to address potential issues and conflicts that may arise within your own company. A human resource company with preventive measures and mechanisms is a good choice.
 
Last edited:

jamescord

MP Guru
Arrow Electronics (NYSE: ARW) is a Fortune 500 company headquartered in Melville, New York. The company specializes in distribution and value added services relating to electronic components and computer products.


It focuses on the fact that the anticipated satisfaction of different valued goals that helps individual to adjust his or her behavior in a way that will help him or her to attain his or her goals. Thus, expectancy theory is considered as a result of three important factors such as: the own assessment of one person regarding his or her performance or expectancy; the perceived likelihood that the said result will result in attainment of a given reward or instrumentality; and the assessment of a person regarding his or her likely satisfaction, or known as valence that is connected with the reward (Salaman 2005, p. 320). The said theory explains the motivation that is resulted from the performance management system of Yahoo!. The company is applying a system that ranks the employees from 1 to X based on their performance. During the reviews, all of the employees will be informed about their increase with comparison of others. Thus, it will help to motivate the employees in improving their performance in order to maintain their current position or to gain higher position or ranking (Team Building Inc. 2006). As a result, the company enables to focus on the personal goals of the employees, which is considered as the primary aspect in the expectancy theory.

The said two important theories shows that in terms of strategic perspective, the performance management systems in a specific organization should encourage and motivate the employees to produce high levels of discretionary effort and attain basic task accomplishment into superior performance of individual (Taylor & Doherty 2008, p. 136). As a result, it is considered as one of the most important aspects of the SHRM.

EXTERNAL METHODS:

1. FORMER EMPLOYEES-The company hires back its best ex-employees especially for Senior Sales Manager post.

2. COLLEGES-From colleges they recruit candidates for Sales Manager & Sales Executives posts. The minimum salary package for the freshers is 1.8 lacs for Area Sales Manager,2.5 lacs for Sales Manager,3.5 lacs for Senior Sales Manager.

3. JOB FAIR-Recruiting method engaged in by a single employer or group of employers to attract the large number of applicants to one location for interviews.

4. ADVERTISING- Advertisements are the most common form of external recruitment.

They can be found in many places (local and national newspapers,
notice boards, recruitment fairs) and should include some important
information relating to the job (job title, pay package, location, job
description, how to apply-either by CV or application form, etc). Where
a business chooses to advertise will depend on the cost of advertising
and the coverage needed i.e. How far away people will consider
applying for the job.
*THROUGH PRINT AND ELECTRONIC MEDIA BOTH.

The company uses PASSES technique for selection.
P-Prospect
A-Approach
S-Seminar
S-Screening
E-Evaluation
S-Selection

• PROSPECT-They check whether the candidate is fit for the job or not.

• APPROACH-The company approaches with the candidates through emails or telephone.

• SEMINAR-The company then conducts seminar. For major seminars they hire hotels but for small ones they prefer company’s training room.

• SCREENING-They communicate the job profile to the filtered candidates.

• EVALUATION-They give them basically the sales target, or evaluate them on the basis of experience, age factor, communication skills. This is a kind of WORK SAMPLE TESTING.

• SELECTION-Finally they select the candidate on the basis of the results of evaluation.

Human resource outsourcing has been a trend in many business industries ever since the business model of outsourcing was developed. The concept of human resource outsourcing refers to having an external company function as your own human resource department to allow your management to concentrate on business production and development.



In choosing the right human resource company to hire, you need a guideline to narrow down your choices. First and foremost, it is important that you talk to your business partners regarding the plan of outsourcing. This will help you identify the needs of your company regarding human resources. Discussing this matter with your business partners can help you have insights of the business' different aspects and make you perceive the business needs from a different perspective.



The next thing you have to do is to set your requirements to determine the right company that will provide you with efficient human resources management consulting service. You need to have an idea of the employee qualities that will suit the needs of your company. The first thing you have to look for is commitment. The company should be committed to providing you with services that will fulfill the actual functions and responsibilities of a human resource department. You should be able to feel that they are supporting your company by showing it in the quality of their service.



Receptiveness should also be exemplified by your human resources management consulting company. They should be able to respond to your inquiries and needs as soon as possible. Your human resource company should also be able to address potential issues and conflicts that may arise within your own company. A human resource company with preventive measures and mechanisms is a good choice.

hey netra nice topic!,

Here i am sharing Study on Arrow Electronics, so please download and check it.
 

Attachments

  • Study on Arrow Electronics.pdf
    99.9 KB · Views: 0
Top