Fundamentals of Human Resource Management, 5/e

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Summary

1. Recruitment and selection starts with workforce planning and forecasting. Workforce planning is the process of deciding what positions the firm will have to fill, and how to fill them. This often starts by forecasting personnel needs, perhaps using trend analysis, ratio analysis, scatter plots, or computerized software packages. The other side of the equation is forecasting the supply of inside candidates. Here employers use manual systems, replacement charts, and computerized skills inventories. Forecasting the supply of outside candidates is important, particularly when unemployment ...