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Introduction
Introduction
HRA Models
Costs Models
Historical
Opportuni
ty
Costs
Mode
ls
Positional
Replacem
ent
Individual
Replacem
ent
Individual Replacement
Cost
The cost of carrying a vacancy until a suitable replacement can fill it i.e.
loss of contribution during the period when vacancies remain unfulfilled
Cost of moving & displacement
Loss of productivity of the employees & their coworkers prior to their
separation
The effect of a vacant position on other employees
HRA Models
Value Models
Hermansons Models
Hermansons Models
Hermansons Models
Efficiency Ratio =
5 RF (0)/RE (0) + 4 RF(1)/RE(1)+ 3 RF(2)/RE (2)
+ 2 RF(3)/RE (3) + RF(4)/RE (4)
Where
Productivity
Transferability
Promotability