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Canada (161,837)
Administration (1,247)
ADM2337 (129)
Chapter 5

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Department
Administration
Course
ADM2337
Professor
Catherine Elliott
Semester
Winter

Description
Chapter 5ADM2337Human Resources Planning HRPThe process of forecasting future HR needs to ensure that the organization will have the required number and type of employees to meet its strategic objectives Involves 3 main steps o Forecasting demand for labour QualitativeQuantitative o Analyzing the labour supply o Planning and implementing HR programs to balance supply and demand 1 Forecasting DemandForecasting DemandQuantitative Approaches o Trend Analysis Looking at the past to see if there are any trends Many factors involved not that simplistico Demand for ProductServiceso Ratio AnalysisOver time you develop the right ratio for sales staff to support staff or 100 consultants for 1 support staffo Scatter PlotStaffing variable and another variableExam
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