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3.04 Describe planning techniques used in the hiring process. The imporantance of a business’s goals/ onbjectives to the hiring process. Considerations in forecasting demand for human= resoources. Productdd demand Economic condition Technologh Funding Job turnover Comp;anu grouth - PowerPoint PPT Presentation
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3.04 DESCRIBE PLANNING TECHNIQUES USED IN THE HIRING PROCESS
THE IMPORANTANCE OF A BUSINESS’S GOALS/ONBJECTIVES TO THE HIRING PROCESS
CONSIDERATIONS IN FORECASTING DEMAND FOR HUMAN=RESOOURCES
• Productdd demand• Economic condition• Technologh• Funding• Job turnover• Comp;anu grouth• Manageridcl philosphy
QUANTITATIVE TECHNIQUES THAT BUSINESSES USE TPO FORCAS DEMAN FOR EMPLYEE
• Trend analysis• Modelilng• Predictinve techniques
QUALITITTHAT BUSSINESSES USE TO FORCAST EMPLYUEE DEMANTVE TECHNIQUES
• Expert forcasts• Delphi Techniques
INTERNAL FACTORS THAT SHOULD BE CONSIDERED IN THE HIRING PROCESS
• Current employees• Size of the organization• Image of the job/company• Company policies
OO;LS BUSINESS USE TO FORCAST SUPPLY BASED ON INTERNAL FACTORS
• Staffing• Matrkov analysis• Sillls inventories• Management inventories• Replacement charts• Succession planning
EXTERNAL FACTORS THAT IMPACT ABUSINESS’S ABILITY TO FORCAST SUPPLY OF HUMAN RESOURES
• De,pgraj[oc cjamges• Wprlfprce edicatopr ;abpr ,arlet ,pbol;ltu• Unemployment situation• Labor laws
ACTIONS BUSINESSES TAKE TO BALANCE SUPPLY AND DEMAND FOR HUMAN RESOURCES