HRM FPX 5310 Assessment 1 Recruiting Plan Strategy Report

HRM FPX 5310 Assessment 1 Recruiting Plan Strategy Report

Name

Capella university

HRM-FPX5310 Strategic Human Resource Management

Prof. Name

Date

Executive Summary

Regis Corporation stands as the largest chain of hair salons globally, operating numerous salon brands, including well-known names such as Supercuts, Mastercuts, Regis, Smartstyle, and Cost Cutters. The company originated in Edina, Minnesota, in 1922 as a small salon called Kunin Beauty Salon, founded by Paul and Florence Kunin. In 1958, their son took over the business, rebranding it as Regis. Currently headquartered in Minneapolis, Minnesota, Regis has expanded to over 10,000 salons worldwide, encompassing both corporate and franchise ownership, with Regis retaining ownership of the brand.

The company offers a wide range of services and products to meet consumer hair care needs, selling popular retail products like Paul Mitchell, Sexy Hair, Nixon, TIGI, and Mizani. To address the growing demands, Regis is actively hiring and seeking to expand into new locations, particularly in Jackson, MS, New Orleans, LA, and Orlando, FL. The Human Resources department will analyze the demographics, employment labor laws, and resources for recruiting minorities in these areas, providing findings and recommendations for the most suitable location for expansion.

Labor Market Analysis

Jackson, MS

• Population, Median Income, and Unemployment Rates: As of 2019, Jackson had an estimated population of 160,628, with a median household income of $38,888. The U.S. Bureau of Labor Statistics reported an unemployment rate of 5.3% in 2015. Niche.com ranked Jackson as #8 out of 17 for the best places for young professionals, #9 for the lowest cost of living, and #12 for the most diverse places to live.
• Diversity: The demographic composition includes 81.8% African Americans, 15.9% White Non-Hispanic, 0.72% White Hispanic, and 0.39% Asian.
• Economy: According to the Census ACS 1-year survey, the median household income for the Jackson metro area was $52,426 in 2019, with 68.1% employed and 3.2% unemployed.
• Workforce Composition: In 2018, the median age of residents in Jackson was 32.4 years, with native-born citizens averaging 32 years and foreign-born citizens averaging 36 years.

New Orleans, LA

• Population, Median Income, and Unemployment Rates: In 2019, New Orleans had an estimated population of 390,144 and a median household income of $41,604. The unemployment rate was reported at 6.0% in 2015. Niche.com ranked New Orleans #30 out of 123 for the best places for young professionals, #62 for the best places to live, and #22 for diversity.
• Diversity: The population consists of 58.8% Black or African American, 30.5% White Non-Hispanic, 3.56% White Hispanic, 2.78% Asian Non-Hispanic, and 1.59% Mixed Race (two or more) Non-Hispanic.
• Workforce Composition: The median age in New Orleans was 37.3 years in 2018, with native-born citizens averaging 37 years and foreign-born citizens averaging 44 years.

Orlando, FL

• Population, Median Income, and Unemployment Rates: In 2019, Orlando’s estimated population was 287,442, with a median household income of $51,757. The unemployment rate was 5.2% in 2015. Niche.com ranked Orlando #2 out of 198 for diversity, #39 for public schools, #40 for young professionals, and #72 for the best places to live.
• Diversity: The demographic breakdown includes 35.8% White Non-Hispanic, 25.5% Black or African American Non-Hispanic, 22.7% White Hispanic, 6.44% Hispanic, and 3.47% Asian Non-Hispanic.
• Workforce Composition: In 2018, the median age in Orlando was 33.9 years, with native-born citizens averaging 32 years and foreign-born citizens averaging 39 years.

Employment and Labor Laws

The U.S. Department of Labor (DOL) administers and enforces over 180 federal laws that govern various aspects of employment, including wage and hour laws, workplace safety, and anti-discrimination regulations. These laws are crucial for ensuring fair labor practices and protecting the rights of employees across the nation.

Overview of Labor Laws

The mandates and regulations enforced by the U.S. Department of Labor cover a wide range of workplace activities, impacting approximately 150 million workers across 10 million workplaces (U.S. Department of Labor, n.d.). These laws are designed to protect employees and encompass various areas, including:

• Wages and Hours
• Workplace Safety and Health
• Workers’ Compensation
• Employee Benefit Security
• Unions and Their Members
• Employee Protection
• Garnishment of Wages
• Family and Medical Leave Act
• Veterans’ Preference
• Government Contracts, Grants, or Financial Aid
• Migrant and Seasonal Agricultural Workers
• Mine Safety and Health
• Construction
• Transportation
• Plant Closings and Layoffs

These laws play a crucial role in the successful recruitment and management of any organization.

Minority Recruitment Resources

To foster a diverse applicant pool, organizations must utilize a variety of recruitment resources. As highlighted, whether operating a small startup or a large enterprise, it is essential to have a clear understanding of the team’s growth trajectory, including who will be hired and when (Heather, 2021). Attracting top talent necessitates a well-structured recruiting plan, which involves thorough strategizing and preparation. Recruiters should be knowledgeable about various strategies that can enhance the recruitment process. Effective methods for attracting diverse talent include:

• Distributing flyers that provide information about the organization and the benefits of joining.
• Utilizing sign-in sheets or mini applications to collect candidate information.
• Maintaining active and up-to-date social media profiles with relevant hashtags.
• Creating a website that showcases company information.

When these resources are effectively employed, the recruitment process can flourish.

Recommendation for Expansion

After evaluating the three potential locations for Smartstyle’s expansion, I recommend Orlando, FL, as the most suitable option. Orlando boasts the largest population among the three locations and has the highest median household income. Additionally, the city is notably diverse, with demographics including 35.8% White Non-Hispanic, 25.5% Black or African American Non-Hispanic, 22.7% White Hispanic, 6.44% Hispanic, and 3.47% Asian Non-Hispanic. This diversity aligns with Smartstyle’s objectives. Furthermore, Orlando is highly ranked as one of the best places for professionals and living, which will facilitate the recruitment and onboarding of talent.

References

Denny, D. M. (2021, April 11). Thriving in a Multigenerational Workplace. Retrieved from http://extension.msstate.edu/publications/thriving-multigenerational-workplace

Department Of Numbers. (2021). Jackson Mississippi Household Income. Retrieved from https://www.deptofnumbers.com/income/mississippi/jackson/#:~:text=The%20Census%20ACS%201%2Dyear,2019%2C%20the%20latest%20figures%20available.

Heather. (2021, January 28). 11 Steps to Develop a Scalable Recruitment Plan [2021]. Retrieved from https://harver.com/blog/recruitment-plan/

U.S. Department Of Labor. (n.d.). Summary of the Major Laws of the Department of Labor. Retrieved from https://www.dol.gov/general/aboutdol/majorlaws

HRM FPX 5310 Assessment 1 Recruiting Plan Strategy Report

Data USA. (2019). Retrieved from https://datausa.io/profile/geo/new-orleans-la/#:~:text=In%202018%2C%20the%20median%20age,Orleans%2C%20LA%20residents%20was%2037.