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Home " Dictionary " Allocation function

Allocation function

What is the allocation function?

The allocation function means that the agreement between the hirer and the employer is established in the context of bringing together supply and demand in the labor market. A number of circumstances indicate an allocation function. For example, it is characteristic of an allocation function when the employer itself acquires or selects the employee to fill a certain position and approaches clients itself to place that employee there. Also of importance is whether the company where the employee will actually perform the work (the "hirer") has itself participated in the recruitment and selection process, or whether this was done for them by another party. The allocation function comes in handy when, for example, temporary replacement is needed, such as in the event of absence due to pregnancy or illness.

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