HRM 3430 Lecture Notes - Organizational Culture, Job Satisfaction, Visible Minority
Document Summary
Benefits of hr forecasting: reduces hr costs. Increases organizational flexibility: ensures a close linkage to the macro business forecasting process, ensures that organizational requirements take precedence over issues of resource constraint and scarcity (hr supply and hr demand) Key personnel analyses conducted by hr forecasters: specialist/technical/professional personnel, employment equity-designated group membership, managerial and executive personnel, recruits. What is a designated group: designated group identifiable groups deemed to need special attention; in the case of. Canadian hr, these are people of aboriginal descent, women, people with disabilities and members of visible minorities. These groups typically receive the most discrimination within organizations. Organizational factors affecting hr forecasting: corporate mission, strategic goals, operational goals, production budgets, hr policies, organizational structure, restructuring, worker ksas, competencies, expectations, hrms level of development, organizational culture, climate, job satisfaction, communications. Labour markets and unions: government laws and regulations. Technological changes: competitor labour usage, global market for skilled labour, demographic changes.