Planning and Recruitment

Question 1

Steps in the planning process

Answer 1

1. Forecasting
2. Goal setting and strat planning
3. Program implementation and evaluation

Question 2

Forecasting

Answer 2

Main goal: forecast of labor surplus or shortage
- attempts to determine the supply of and demands for various types of Human Resources to predict where there will be future surpluses and shortages

Question 3

Demand forecasting

Answer 3

Determining labor demand for workers in various categories

Question 4

Supply forecasting

Answer 4

Determine internal labor supply
Modified to reflect changes caused by retirements, promotions, transfers, terminations, voluntary turnover

Question 5

Leading indicatior

Answer 5

Objective measure that accurately predicts future demands

Question 6

Downsizing

Answer 6

Fast; high

Question 7

Pay reduction

Answer 7

Fast;high

Question 8

Demotion

Answer 8

Fast; high

Question 9

Transfer

Answer 9

Fast; moderate

Question 10

Furlough

Answer 10

Fast; moderate

Question 11

Hiring freeze

Answer 11

Slow; low

Question 12

Natural attrition

Answer 12

Slow; low

Question 13

Early retirement

Answer 13

Slow; low

Question 14

Retraining

Answer 14

Slow; low

Question 15

Overtime

Answer 15

Fast; high revoc

Question 16

Temp employees

Answer 16

Fast; high

Question 17

Outsourcing

Answer 17

Fast; high

Question 18

Retrained transfers

Answer 18

Slow; high

Question 19

Turnover reduction

Answer 19

Slow; moderate

Question 20

New external hires

Answer 20

Slow; low

Question 21

Tech innovation

Answer 21

Slow; low