(Answered) Questions1 describe the internal labor market of the

Finance

Questions:

1. Describe the internal labor market of the company in terms of job stability (staying in same job), promotion paths and rates, transfer paths and rates, demotion paths and rates, and turnover (exit) rates.

2. Forecast the numbers available in each job category in 2008.

3. Indicate potential limitations to your forecasts.

Transition probabilities (2005-2006)							Current (2007)
Job Category	Level	SF	SP	ASM	RSM	Exit	No. Emp
Sales Full (SF)Time	1	.50	.10	.05	.00	.35	500
Sales Part (SP)Time	1	.05	.60	.10	.00	.25	150
Asst Sales (ASM)Mgrs	2	.05	.00	.80	.10	.05	50
Region Sales (RSM)Mgr.	3	.00	.00	.00	.70	.30	30

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