In the World of Human Resources Management, Workforce Planning and Recruitment Are Often Described as Key Functions Within Any Company. Answer the Following Questions on the Topic of Workforce Planning and Recruitment.

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1.1 Name and briefly discuss the factors that influence the way in which companies approach the important issue of recruitment. The function of recruitment in organizations ideally starts with workforce planning and it is affected by a mix of internal and external factors. First and foremost, it is the alignment of the recruitment strategy and policies to the organization’s business strategy that is paramount in order to identify the skills or competencies needed. Any recruitment policy that fills up vacancies with the best qualified people is directly affected by the following factors (Sloan, 2010): i. Organizational Goals or Strategic plan • Workforce planning should reflect the organization’s strategic plans ie. expansion plans or reduction of operational costs will influence the types of positions created (or eliminated) • Forecasting of personnel needs (labor demand). The basic process of forecasting personnel needs is to forecast revenues first. Then estimate the size of the staff required to support this sales volume. However, managers must also consider other strategic factors which includes projected employee turnover, decisions to upgrade (or downgrade) products or services, productivity changes, and available financial resources. Tools available in forecasting personnel needs are: (Dessler, 2013) a) Trend Analysis (variation in employment level based on historical records), b) Ratio Analysis (historical ratio between sales and number of employees required), and c) Markov Analysis (transition analysis of internal job candidates) ii. Workforce planning • Effective workforce planning helps in determining the skills or competency gaps present in the existing manpower of the organization. It also helps in determining the number of employees to be recruited and what qualifications and experience they must possess • The planning process may help

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