Reference no: EM131757887

Question: You and your three partners are engineers who minored in business at college and have decided to start a consulting business. Your goal is to provide manufacturing process engineering and other engineering services to large and small organizations. You forecast that there will be an increased use of outsourcing for these activities. You discussed with managers in several large organizations the services you plan to offer, and they expressed considerable interest. You have secured funding to start your business and now are building the HRM system. Your human resource planning suggests that you need to hire between five and eight experienced engineers with good communication skills, two clerical/secretarial workers, and two MBAs who between them have financial, accounting, and human resource skills. You are striving to develop your human resources in a way that will enable your new business to prosper.

1. Describe the steps you will take to recruit and select

(a) the engineers,

(b) the clerical/ secretarial workers, and

(c) the MBAs.

2. Describe the training and development the engineers, the clerical/secretarial workers, and the MBAs will receive.

3. Describe how you will appraise the performance of each group of employees and how you will provide feedback.

4. Describe the pay level and pay structure of your consulting firm.