Workforce planning Flashcards
1
Q
What is workforce planning ?
A
trying to predict the future demand for different types of staff and seeking yo match this with supply
2
Q
What 4 main factors influence workforce planning ?
A
- business objectives
- labour marker changes
- demographic and social changes
- technological change
3
Q
What are business objectives
A
increasing output or opening new branches which will require more employees
4
Q
What are labour marker changes
A
labour market trends have implications for the recruitment and retention of staff
5
Q
what are demographic and social changes
A
such as ageing population affect the demand for products and services required by this age group and work force supply
6
Q
what are technological changes
A
many skills needed in the workforce can be carried out by robots reducing labour demand
7
Q
How can workforce planning help a business ?
A
- decide how many employees are needed
- anticipate change
- ensure sufficient training is provided
- reduce employee turnover
- manage staff performance and sickness absences
