market, labour market szabó rozália. market, labour market - outline the market what is it? supply...
Post on 29-Dec-2015
222 Views
Preview:
TRANSCRIPT
Market, Labour Market
Szabó Rozália
Market, Labour Market - Outline The Market
What is it? Supply and Demand Market Structures Types of Market
The Labour Market Recruitment Selection Documents (CV, Covering letter)
The Market
What is it?1 It is the place where supply and
demand meet.2 It is the system of exchanges based
on supply and demand.
Supply and Demand
Supply: the amount of goods and services available to use or buy.
Demand:the amount of goods and services wanted by customers.
Supply and Demand (con.)
The relationship between supply and demand influences prices.
Market price: the point where the supply and the demand curve meet.
Supply and Demand
The basic rules of market mechanism: If demand exceeds supply, the price
increases. If supply exceeds demand, the supplier
decreases the prices to encourage customers to buy more.
The price and quantity are inversely related.
Supply and Demand
Equilibrium Over-supply Over-demand
Market Structures
Based on the number of sellers: Oligopoly: the market is dominated
by a few large suppliers.
Monopoly: the market is dominated by only one supplier.
Types of Market Real estate market
Plots with or without buildings Capital and money market
Long- and short-term funds, investments
Commodity market Consumer durables and fast-moving
consumer goods (FMCG) Labour or job market
The Labour or Job Market
Human resources are in the centre of supply and demand.
Vacancy→Recruitment Recruitment:
In-company Outside the company
The Labour Market (cont.)
In-company recruitment notice boards news bulletins recommendations from managers,
supervisors
The Labour Market (cont.)
Recruitment outside the company: Placing advertisements in newspapers
or magazines Job description, specification Conditions of work and salary
Recruitment agencies Providing a list of suitable candidates
Executive search firms /headhunters
The Labour Market Application of candidates for the
position: CV + covering letter Standard application form
Selection (HR or Personnel Department) Assessment Short-listing Job interviews – conducted by the
interviewing panel
The Labour Market
Documents to be submitted: CV /Resumé Covering letter/Letter of Application
The Labour Market Parts of a Curriculum Vitae:
Personal particulars (name, address, date of birth, tel. no., e-mail address)
Education Qualifications Work experience Skills Interests References
The Labour Market Parts of a Covering Letter:
Purpose of writing, introduction Where you saw the ad Why you want the job Emphasising your most relevant experience
and skills How you meet the requirements, why you
can be one of the best candidates When you are available for an interview.
Covering Letters I am interested in working as a …. I wish to apply for the job of a …. advertised
in ….. I think I could satisfactorily fill the post you
advertised in…. I am said to have excellent interpersonal
skills. I would be delighted to have an opportunity
to work for your company. My reasons for a change are the greater
opportunities offered by this position.
Covering Letters As you can see from my Curriculum Vitae… I have had …years of experience of….. At present I am employed as ….. My qualifications seem to fit me for this
position. I left school with very good grades in….. I took a …-year course at ….. I obtained a certificate of intermediate
level English in… I graduated from …university.
Covering Letters The persons below may be contacted as
a reference. I would appreciate the privilege of a
personal interview. Please find enclosed a copy of my
resumé. I will be available for an interview any
day after…. I may be reached/contacted at the
above address.
Covering Letters Thank you very much for your time and
consideration. I would appreciate an early reply from
you concerning my application.
Thank you for your attention.
top related