37:533:301 Lecture Notes - Lecture 10: Shortage, Workforce Planning, Job Performance

• School: Rutgers University
• Department: Human Resource Management
• Course: 37:533:301
• Professor: H.El- Farr

Document Summary

Job elements approach: focuses solely on analyzing the employee competencies that are necessary for successful job performance, people familiar with the job will identify the specific skills necessary to perform the essential tasks. Job element technique: then, each element is rated. Introduction: the major outputs of this process are identifying the jobs" interrelationships (structure) and the tasks and competencies required for each job. Indicators include performance appraisals, historic poor performance, misconduct, reorganization etc. trends, market risk analysis etc. historic trends, industry trends etc. for personal or professional reasons. talent decide to leave the organization. Internal factors: employee turnover: includes the voluntary and involuntary termination of employees within an organization (employee exit). If the economy is stagnant or in a recession, then the demand for products and services decrease; therefore, demand for labor also decrease. If the economy is growing, then the demand for products and services increase; therefore, demand for labor also increase.