The IRMA Community
Newsletters
Research IRM
Click a keyword to search titles using our InfoSci-OnDemand powered search:
|
E-Recruiting Technology Investment for Fixed Recruiting Cost Reduction
Abstract
In this paper, a mathematics-based economic decision model for e-recruiting technology investment is introduced to evaluate the economic impact of various e-recruiting technologies. A classical economic order quantity (EOQ) model was extended to include costs uniquely associated with recruiting activities such as staffing and coordination costs. We derive a minimum employment level for an optimal investment in e-recruiting technologies. The model suggests that the optimal investment cost increases rapidly near the minimum number of employees to be recruited, but the growth of the optimal e-recruiting technology investment cost slows down as the total number of employees to be recruited becomes greater than the minimum number of employees to be recruited.
|
|