HUMAN RESOURCE MANAGEMENT

marjo241
forecasting.pdf

HRMANAGEMENT

The staffing decision in HRManagement only requires you to consider the number of employees needed for the next quarter, but as a human resources manager, you must be able to forecast labor requirements beyond the immediate future.

1. Given productivity of 200 units/worker, project the number of level 1 employees needed to meet the production goals forecasted in the table below.

Current Qtr. Qtr. + 1 Qtr. + 2 Qtr. + 3

Production Goal 100,000 105,000 110,000 107,000

Employees Required 500

2. When might it make sense to require overtime, rather than hire enough new employees to meet production goals? How might reliance on overtime have a negative effect?

3. Assuming you want to keep the number of employees fixed at 500, project the required productivity to meet production goals.

Current Qtr. Qtr. + 1 Qtr. + 2 Qtr. + 3

Production Goal 100,000 105,000 110,000 107,000

Productivity 200

4. What steps can you take to improve productivity?

5. What factors might cause productivity to fall?

  • Forecasting Labor Requirements
  1. 105000500:
  2. 110000500:
  3. 107000500:
  4. meet production goals How might reliance on overtime have a negative effect:
  5. 105000200:
  6. 110000200:
  7. 107000200:
  8. 4 What steps can you take to improve productivity:
  9. 5 What factors might cause productivity to fall: