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Explain First Step in HR Planning: Forecasting with help of a diagram Forecasting is the first step in HR-planning. Personnel forecasting is defined as the process in which the HR-professional tries to determine the supply and demand of various types of human resources. Methods used: 1-Statistical 2-Judgement ==>>>Figure 5.1 page#119
What is a transitional Matrix? What is it used for? Give an example to support your answer. Transitional Matrix is used for determining the internal labor supply. Definition: A chart that lists job categories held in one period and shows the proportion of of employees in each of those job categories in a future period. Example :Table 5.1 /Explanation page#120/121
What are Personnel policies? Name some categories of personnel policies relevant to recruitment. An organizations personnel policies are its decisions about how it will carry out human resource management ,including how it will fill job vacancies. Personnel policies relevant to Recruitment: 1-Internal versus External Recruiting. 2-Lead-The-Market pay strategies. 3-Employment at will policies. 4-Image advertising.
c-Advertisements in the Newspapers and Magazines. d-Electronic Recruiting e-Public Employment Agencies f- Private Employment Agencies g-Colleges and Universities
SELECTION
Personnel Selection: The process through which organizations make decisions about who will and who will not be allowed to join the organization.
Generalizable: Valid in other contexts beyond the context in which selection method was deployed. Utility: The extent to which something provides economic value greater than its cost.