What are the costs which need to be borne by organisations when planning to conscript new employees?
Illustrate out what you understand by scenario planning.
In brief illustrate out the Human Resource Forecasting techniques. Use appropriate instances to substantiate your answer.
The world economic recession isn’t over yet and the organisation is facing financial problems. Line managers are complaining of shortage of human resources in nearly all departments. Orders from foreign markets are confirmed for the upcoming 3 months only. What HR strategies would you take to address the problem in short term? Provide reasons for your answer.
If the usual orders are received and confirmed for upcoming (3) three years, what HR strategies would you take to address the problem for longer term? Provide reasons for your answer.