金融专业英语15章翻译课后答案

Chapter 15 Hiring and Personnel Management in Finance

In the finance industry, human resources are an essential part of a company's success. Personnel management involves attracting, selecting, training, and retaining employees who are capable of contributing to a company's growth and profitability.

Recruiting the Right Candidates

Recruiting is the process of finding and attracting capable candidates to fill job vacancies. Employers use various methods to attract candidates, including showing the company's dynamic and exciting culture through advertising and online presence, as well as using professional recruiting agencies to headhunt promising candidates.

The selection process is a crucial part of hiring the right candidates. Employers must screen candidates' resumes, conduct interviews, and perform background checks to assess their qualifications and fit with the company's culture. Psychometric testing may also be used to understand candidates' personality traits and how they align with the job requirements.

Training and Development

Once employees are selected, they must be trained to ensure they have the necessary skills to perform their job duties. Employers provide onthejob training, classroom learning, and mentorship programs to help employees develop their skills and enhance their knowledge.

In the finance industry, continuous training and development are essential to keep up with the rapidly changing regulations and technologies. Employers often provide their employees with continuing education opportunities to ensure they remain uptodate with industry trends and technologies.

Retention Strategies

Retaining capable employees is essential to a company's success. Employers use various strategies to retain employees, including offering competitive salaries and benefits packages, providing opportunities for career advancement, and fostering a positive work environment.

In addition, employers may implement various retention strategies to address employee turnover issues. For instance, employee engagement programs that foster a sense of community at work, flexible work arrangements, and employee recognition programs can help reduce employee turnover rates.

Conclusion

Personnel management is an essential aspect of the finance industry. Employers must recruit and select capable candidates, train and develop employees, and implement retention strategies to ensure their employees remain with the company for the long run. These practices help create a productive and positive work environment, which in turn leads to improved financial performance.