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RSM100Y1 (400)
Chapter 5

Chapter 5 notes (book + slides)


Department
Rotman Commerce
Course Code
RSM100Y1
Professor
Yu Wang
Chapter
5

Page:
of 3
CHAPTER 5: PLANNING FOR AND RECRUITING HRM
Workforce planning so that organization has the rights people, with the rights skills, at
the right places at the right time.
FORCASTING DEMAND FOR LABOUR :
oTechniques:
Trend analysis
oConsiderations:
Product/service demand
Technology
Turnover/ absenteeism
Organisational growth
Management Philosophy
FORCASTING SUPPLY OF LABOUR :
oTechniques:
Human Resource Information System database that show
vacancies
Transitional Matrices lists job categories held in one period and
shows the proportion of employees in each of those job categories
in a future period.
oConsiderations:
Demographic changes
Education of the workforce
Labour mobility
Government policies
Unemployment rates
DETERMINING LABOUR SHORTAGE OR SURPLUS:
oShortage Recruitment!
Full time
Part time
Recalls
oSurplus Reductions!
Layoffs
Terminations
Demotion reduction in rank / pay
Retirements
Legal issues in Hiring:
-Discrimination laws
-Affirmative Action
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-Negligent hiring
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