April 2025
Intermediate to advanced
400 pages
11h 25m
English
Content preview from Strategic Workforce Planning, 2nd Edition
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03 Understanding workforce demand
Workforce demand
Workforce or labor demand refers to the internal and external demand for skills, experience and education that companies need to accomplish their primary mission, goals and strategy. Hamermesh (1996) defines labor demand as any decision made by an employer regarding the company’s workers, their employment, their compensation, and their training. As it relates to SWP, it is important to understand workforce demand because doing so can reveal whether there are any gaps in the demand versus ...
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