HR Supply Analysis involves Existing Human resources Two sources of supply are

Hr supply analysis involves existing human resources

This preview shows page 40 - 54 out of 74 pages.

HR Supply Analysis involves Existing Human resources Two sources of supply are Internal External [email protected]
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Forecasting Supply of Employees: Internal Labor Supply Staffing Tables Markov Analysis Skill Inventories Replacement Charts Succession Planning [email protected]
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Forecasting Internal Labor Supply Staffing Tables Graphic representations of all organizational jobs, along with the numbers of employees currently occupying those jobs and future (monthly or yearly) employment requirements. Markov Analysis A method for tracking the pattern of employee movements through various jobs. [email protected]
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Hypothetical Markov Analysis for a Retail Company [email protected]
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Internal Supply Forecasting Tools Skill Inventories Files of personnel education, experience, interests, skills, etc., that allow managers to quickly match job openings with employee backgrounds. [email protected]
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Existing Human Resources Capability / Skills Inventory using HR Information System G e n e r a l In fo rm a tio n - N a m e : P re s e n t A d d re s s : D e p a rtm e n t: S e x : D e s ig n a tio n : D O B : D O J : M a rita l S a la ry : S ta tu s : P e rm a n e n t A d d re s s : G ra d e : Q u a lific a tio n - [email protected] D e g re e /D ip lo m a In s titu tio n C la s s Y e a r o f P a s s E x p e rie n c e /S k ills - J o b T itle / O rg a n is a tio n B rie f S k ill/ A p p o in tm e n t R e s p o n s ib ilitie s S p e c ia lis a tio n O u ts ta n d in g A c h ie v e m e n t / A d d itio n a l In fo rm a tio n - A w a rd s P e rfo rm a n c e D is c ip lin a ry A c tio n P ro m o tio n s M e rit R a tin g A b s e n te e is m A c h ie v e m e n ts C a re e r P la n s :
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Internal Supply Forecasting Tools Replacement Charts Listings of current jobholders and persons who are potential replacements if an opening occurs. [email protected]
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An Executive Replacement Chart [email protected]
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Replacement Chart Example [email protected]
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Succession planning Succession planning is a process for identifying and developing internal people with the potential to fill key business leadership positions in the company. Succession planning increases the availability of experienced and capable employees that are prepared to assume these roles as they become available. [email protected]
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Manpower Wastage analysis [email protected]
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Manpower Wastage analysis Manpower wastage is an element of labour turnover It includes Voluntary retirement, normal retirement, resignations, deaths and dismissals. Recruitment decisions without wastage analysis may lead to inaccuracies in HRP [email protected]
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Wastage analysis During induction phase marginal employee leave During differential transit period an employee learns about the organisation and Induction crisis Differential Transit identifies his role.
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