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Workforce planning
process of deciding which positions to fill and how to fill them
identify; eliminate gaps
The goal of workforce planning is to _____ and _____ between employer's workforce needs and the current employees who might be suitable for filling those needs
Workforce planning
this is the first step before recruiting and hiring employees
review the client's business plan and workforce data
forecast and identify what positions are to be filled
develop a workforce strategy plan
What are the (3) steps in Workforce Planning Methodology?
TRUE
TRUE OR FALSE:
Reviewing the client's business plan and workforce data helps the company to know how many vacant positions there are and what skills are required to fill them
review the client's business plan and workforce data
This step in Workforce Planning Methodology helps understand how projected business changes may influence client's headcount and skills requirements
forecast and identify what positions are to be filled
This step in Workforce Planning Methodology helps understand what new future positions will be filled
forecast and identify what positions are to be filled
This step in Workforce Planning Methodology helps to identify what current employees might be promotable
develop a workforce strategic plan
This step in Workforce Planning Methodology prioritizes key workforce gaps
what positions to fill
who does the company currently have that can fill them
What are the (2) key workforce gaps?
develop a workforce strategic plan
This step in Workforce Planning Methodology identifies specific plans for filling any gaps
recruitment
This refers to filling workforce gaps by conducting external hiring
training
This is implemented to current employees who is deemed as promotable in order to bridge workforce gaps
various metrics
This used to monitor the process of implemented plans in filling workforce gaps
Succession Planning
process of filling up executive jobs
forecasts
In Strategy and Workforce Planning, employment plans are built on _____
personnel needs (demand for employees)
supply of inside candidates (those who are already working in the company)
supply of outside candidates (bringing in new people)
What are the three (3) sets of employment plans based on forecasts?
need-supply gaps
After making forecasts, _____ can be identified from which training and
recruitment plans can be developed to fill in anticipated gaps
TRUE
TRUE OR FALSE:
Forecasting Personnel Needs (Labor Demand) starts with estimating what the demand will be
FALSE
HIGH demand for products/services = need for more employees
TRUE OR FALSE:
low demand for products/services = need for more employees
Short-term demand
Long-term demand
What are the two (2) types of demand in Forecasting Personnel Needs (Labor Demand)?
FALSE
a company’s future staffing NEEDS reflect demand for its products or services
TRUE OR FALSE:
a company’s future staffing does not necessarily need to reflect demand for its products or services
Short-term demand
This is a demand that makes forecasts based on daily, weekly, and seasonal (holidays or occasions) sales trends
Long-term demand
This demand could be estimated by managers through speaking with customers, following industry publications, and watching economic forecasts
FALSE
In making forecasts based on long-term demand, future predictions are NOT precise and are helpful for addressing potential changes in product demands
TRUE OR FALSE
In making forecasts based on long-term demand, future predictions are considered as precise and are helpful for addressing potential changes in product demands
Trend Analysis
study of a firm’s employment levels over the past few years
Trend Analysis
provides an initial rough estimate of future staffing needs
Ratio Analysis
making forecasts based on historical ratio between some causal factor (like sales) and the number of employees required
some causal factor (like sales)
the number of employees required
What are the two (2) factors important in Ratio Analysis?
Scatter Plot
shows graphically how two variables are related
FALSE
In a scatter plot graph, if two variables are RELATED, the points being plotted will tend to fall on a straight line
TRUE OR FALSE:
In a scatter plot graph, if two variables are unrelated, the points being plotted will tend to fall on a straight line
Forecasting Supply of Inside Candidates
determining which existing employees are qualified or trainable for projected job openings
Personnel Replacement Charts
used particularly for the firm’s top positions
Personnel Replacement Charts
shows the present performance and promotability for each position’s potential replacement
Position Replacement Card
create a card for each position showing possible replacements, as well as present performance, promotion potential, and training
Markov Analysis
forecasts availability of internal job candidates
Markov Analysis
involves creating a matrix that shows the probabilities that employees in the chain of feeder positions for a key job (e.g. junior engineer to engineer to senior engineer, and so on) will move from position to position and therefore be available to fill the key position
Forecasting the Supply of Outside Candidates
done usually if there won’t be enough skilled inside candidates to fill anticipated openings
Forecasting the Supply of Outside Candidates
this can be done by looking at the locale or industry’s unemployment rates
forecasting workforce availability
means trying to see whether finding suitable candidates from outside the company would be easier or if there is a supply of outside candidates
Predictive Workforce Planning
continuous planning of how projected employee shortfalls can be filled with the current recruitment or employee retention plans.
workforce plan
Workforce planning should culminate in a _____
positions to be filled
potential internal and external candidates or sources
training and promotions that filling the jobs would entail
resources that are required to implement the plans
What are the (4) parts that workforce plan should be able to identify?
recruiter fees
training costs
interview expenses
What are the (3) resources required for implementing workforce plans?
Succession Planning
systematically identifying, assessing, and developing organizational leadership to enhance performance
identify key position needs
develop inside or bring in outside candidates
assess and choose inside (or outside) candidates who will fill the key positions
What are the (3) main steps in succession planning?
internal training and cross-functional experiences
job rotation
external training
global/regional assignments
What are the (4) various methods for providing employees with developmental experiences required to be viable replacements?
Employee recruiting
The purpose of this is to fill up positions within the organization
Employee recruiting
finding and/or attracting applicants for the employer’s open positions
Employee recruiting
process of identifying, screening, shortlisting, and hiring
FALSE
POSITIVE PROCESS refers to attracting as many candidates as possible for vacant positions
TRUE OR FALSE:
negative process refers to attracting as many candidates as possible for vacant positions
Recruitment sourcing
involves determining what recruitment options are (referrals, online ads, etc.)
Recruitment sourcing
assessing which options are the best for the job in question
TRUE
TRUE OR FALSE:
employer’s brand or reputation affects recruiting success
Recruiting Yield Pyramid
used to gauge the staffing issues needed to be addressed
recruitment leads and invitees
invitees and interviews
interviews and offers made
offers made and offers accepted
Recruiting Yield Pyramid shows the historical arithmetic relationships between these four (4) aspects:
internal sources or “hiring from within”
This is often the best sources of candidates
internal recruiting
This is assumed to improve employee engagement
size of the organization
recruiting policy,
image of organization (branding)
image of job
What are the (4) factors to consider in internal recruiting?
inbreeding
refers to a situation when managers look for employing “clones” of their current “effective” workforce
Job Posting
publicizing an open job to a company’s employees by posting on company intranets or bulletin boards
Qualifications Skills Inventories
reveal which employees have the right background for the open job
Promotions
Transfers
Recruitment of Former Employees
Internal Advertisements or Job Postings
Employee Referrals
Previous Applicants
What are the (6) types of Internal Sources of Recruitment?
Promotions
the process of shifting an employee from a lower position to a higher position with more responsibilities, remuneration, facilities, and status
Transfers
process of interchanging from one job to another without any change in the designation and responsibilities
Recruitment of Former Employees
This type of Internal Sources of Recruitment is cost-effective and saves plenty of time
Internal Advertisements or Job Postings
process of posting and advertising jobs within the organization
Employee Referrals
hiring new employees through references of current emplyees
Previous Applicants
hiring team examines the profiles of previous applicants from the organizational recruitment database
demographic factors
labour market
unemployment rate
labour laws
legal considerations
competitors
What are the (6) factors to consider when getting outside sources of candidates?
carried out by putting a notice regarding job vacancy on the notice board of the organization
Informal Recruiting
recruitment through “serendipitously” encoutering the “right candidates”; not being publicized at all
employers post job opening ads on their websites and job boards (such as In
internet overload
This refers to a situation where employers end up being bombarded with resumes
self-screening
this is a remedy where a company posts detailed job duties listings and by having applicants answer a short online pre-screening questionnaire
Recruitment Software
uses online systems such as Applicant Tracking Systems (ATS)
Applicant Tracking Systems (ATS)
online systems that help employers attract, gather, screen, compile, and manage applicants
Advertising
most prevalent and common external sources of recruitment
TRUE
TRUE OR FALSE:
the best medium depends on the positions in which one is recruiting
Attention
Interest
Desire
Action
What does AIDA stand for?
Employment Exchanges
a government entity where details of the job seekers are deposited and given to the employers for filling the vacant positions
Employment Agencies
job seekers usually register themselves with agencies and in this way, agencies have a database of qualified candidates and organizations can use their services at the time of requirement
Public agencies
Non-profit agencies
Private agencies
What are the (3) main types of Employment Agencies?
Public agencies
Employment agency that is operated by federal, state, or local governments (e.g., DOLE in the Philippines)
Non-profit agencies
Employment agency that is associated with non-profit organizations
Private agencies
important sources of clerical, white-collar, and managerial personnel
Private agencies
A type of employment agency that charge fees for each applicant they place (placement fee)
Recruitment Process Outsourcers
special vendors that handle all or most of an employer’s recruiting needs
Recruitment Process Outsourcers
they sign short-term contracts and receive a monthly fee that varies with the amount of actual recruiting needed to be done
On-Demand Recruiting Services
recruiters who are paid by the hour or project
Outsourcing
having outside vendors supply services previously done by a company’s employees
Offshoring
having outside vendors abroad supply services
Executive Recruiters or Professional Associations
known as headhunters or “search firm”
Executive Recruiters or Professional Associations
special employment agencies employers retain to seek out top-management talent for their clients; include seeking out candidates for key executive and technical positions
Retained Executive Recruiters
Contingency-based Recruiters
What are the (2) types of Executive Recruiters or Professional Associations?
Retained Executive Recruiters
This refers to recruiters who focus on executive positions and are paid regardless of whether the employer hires the executive through search firm’s efforts.
Contingency-based Recruiters
This refers to recruiters who focus on handling junior to middle-level management job searches; their fees are around 15% to 25% of the executive’s total first-year pay (salary plus bonus)