Step 1: Understand the question:
Staffing is a process with several linked steps. Here we explain selection, promotion and career planning, and compensation.
Step 2: Step (i): Selection:
Selection is the process of choosing the most suitable persons from the pool of applicants.
It involves screening, tests, interviews and checks, and it filters out the misfits.
A good selection brings the right talent to the firm and saves the cost of wrong appointments.
Step 3: Step (ii): Promotion and career planning:
Promotion means placing an employee in a post with higher responsibility, which usually brings more pay and more job satisfaction.
Career planning means that managers design activities which serve the career goals of the employees.
Both help the employee see a future in the organisation, so he or she stays and works with more interest.
Step 4: Step (iii): Compensation:
Compensation is the pay and other benefits an employee receives in return for the work done.
It includes salary, allowances, bonus and other rewards. A fair plan satisfies the employees.
It also helps the firm to attract and hold talented people.
Final Answer:
Selection picks the fit candidates, promotion and career planning give growth, and compensation rewards employees fairly for their work.