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| Steps of the Hr Planning Process |
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Definition
Forecast Labor supply and demand
Forecast Labor Surplus or Shortage
Goal Setting and Strategic Planning
Program Implementation and Evaluation |
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| the attempts to determine the supply of and demand for various types of human resources to predict areas within the organization where there will be future labor shortages or surpluses. |
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| objective measure that accurately predicts future labor demand |
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| Examples of Leading Indicators |
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Definition
inventory levels; sales levels; employment levels; profits;
Demand for nurses- ____ would be the average age of community members |
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| graph that shows the proportion of employees in different job categories at different times; used to determine labor supply; useful for charting historical trends. |
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| the planned elimination of large numbers of personnel designed to enhance organizational effectiveness; always better to do this surgically rather than blind |
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| early retirement and buy outs; downsizing; phasing out |
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| employ temporary workers; outsource; offshore |
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| employ temporary workers; outsource; offshore |
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| freeing for the firm; testing programs; reduce training costs and eases transitions; objective perspective to problems and procedures; identify solutions |
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| use of an outside organization for a broad set of services |
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| type of outsourcing where the jobs leave one country and go to another |
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| Workforce Utilization Reviews |
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| a comparison of the proportion of workers in protected groups with the proportion that each group represents in the surrounding labor market |
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| Human Resource Recruitment |
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Definition
the practice or activity carried on by the organization with the primary purpose of identifying and attracting potential employees;
IE: attracting the best qualified people so that you have a good pool to select from |
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Term
| Internal vs External Recruiting |
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Definition
| tendency to promote within your own company; EX: IBM |
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| Employment at Will Policies |
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Definition
| policies which state that either an employer or an employee can terminate the employment relationship at any time, regardless of cause. SC has this |
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| policies by which a company formally lays out the steps an employee can take to appeal a termination decision |
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| Intrinsic vs Extrinsic Rewards |
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Ex: pay differentials; stock options;
In: (Army) patriotism; feeling of security and pride. |
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| Spending money to fix your image. BP is doing this now. Army "Be all you can be"; Marines "Toys for Tots" Dow Chemical |
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| internal, external, referrals, newspaper, electronic, public and private employment agencies, colleges and universities |
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| internal, external, referrals, newspaper, electronic, public and private employment agencies, colleges and universities |
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| Spending money to fix your image. BP is doing this now. Army "Be all you can be"; Marines "Toys for Tots" Dow Chemical |
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| recommendations by someone already in the organization |
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| Job Databases, internet, etc. |
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