Calculate the effective stock of manpower, HR Management

Assignment Help:

Question:

(a) Explain the direct method of forecasting workforce at the macro level. What are its main limitations?

(b) The stock of mechanics in District Z stood at 2500 at the end of year 2002.

Assuming that the:

(i) annual outturn for this skills category is estimated to be 100, 200, 300, 400, 500, 600 and 700 from 2003 to 2009;

(ii) 10% of annual outturn follow professional courses;

(iii) rate of attrition is 5% every year and

(iv) the labour force participation rate is 75% .

Calculate the effective stock of manpower and the corresponding labourforce from the year 2002 to 2009.

Round up the figures whenever required to obtain integers.


Related Discussions:- Calculate the effective stock of manpower

Hr, what is hr

what is hr

Determine the return on investment of training, Question 1: (a) How is...

Question 1: (a) How is the term ‘development' different from ‘training'? (b) Briefly describe the different training methods that can be used while conducting training.

Experts, i am working on ToR for a salary survey experts. What qualificatio...

i am working on ToR for a salary survey experts. What qualifications and skills do i look for (FOR THE EXPERT)

Determine the influencing factors of knowledge management, Influencing fact...

Influencing factors are: Working environment has an impact on the knowledge perception level of the people; IT has an impact on the organisational perspective of knowledge;

Measurement of power, Q. Measurement of power i A wattmeter is an instru...

Q. Measurement of power i A wattmeter is an instrument with a potential coil and a current coil so arranged that its defiection is proportional to VI cos θ, where V is the volta

The value of hrm, list your significant new about the value of hrm

list your significant new about the value of hrm

Determine the knowledge discovery in databases, Knowledge Discovery in Data...

Knowledge Discovery in Databases During the past couple of decades many papers have been devoted to Knowledge Discovery (KD) through information retrieval systems. Various soft

Develop virtual communication skills, Develop virtual communication skills ...

Develop virtual communication skills .  Conveying ideas virtually can be very different than face-to-face where we use our bodies as well as our voices to communicate. Paralin

Groupthink, Groupthink occurs when a group's overriding concern is with con...

Groupthink occurs when a group's overriding concern is with consensus and mutual agreement rather than to conduct a critical analysis of alternatives in order to reach the best dec

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd