forecasting is:
ascertain supply and demand for various types of hr, predict where future labor short and surplus will be
determining labor demand may use ____
statistical models like leading indicator
internal labor supply analyzes
how many ppl currently in job
transitional matricies show
proportion (or
number) of employees in different job categories
at different times
transition matrix shows:
where did they go and where did they come from (row-go), ( colmm- come from)
what happens with downsizing:
reduces labor costs, imediate sucess on reucing costs but negative effect on org effectiveness, motivational levels drop
baby boomers are delaying____
retirement
most widepread means of eliminating labor shortage is
temp workers and independent contractors
outsourcing is
using outside org for a broad set of sources
offhshoring is:
outsourcing where jobs leave one
country and go to another.
h2-a visa
seasonal work, mostly agriculture
h1- b via
highly skilled workers
workforce utilization review is seen as
unfair to non minority groups
what are the three areas of recruitment
persoonal policies, recruitment sources, recruiters chracteristics and behavior
diff between internal vs ecternal recuiting
job security
Lead-the-market” approach to pay
Paying higher-than-current-market wages
State employment office(public)
Primarily serve blue-collar market
Private agencies
serve white collar mostly