CHAPTER 6
Trends and Correlations
6.1 Trends and Correlations
Trends give us time to plan and time to advice and alert other areas of the business. Failure to do this by workforce planners often has serious consequences in terms of panic recruitment and instability through competency drop. In this chapter we will look at some of the formulas that work and give examples of how they may be used, using some current case studies. Beware in the area of trend analysis as most of the old academic formulas either don’t work well in practice or have been replaced with relevant software.
Some of the trends you would constantly review are:
• Age
• Sickness
• Competence (see productivity dashboard image under 2.10)
• Performance (see productivity dashboard ...
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