Most successful organisation know how to mobilise the right people and move them around to meet the needs of the organisation the organisation. Moving people around should be based on matching individual skills with organisational needs. Once an organisation knows the areas in which shortages and excesses exist, they can proceed with their workforce plans and devise strategist ensure that they have the right number of staff in every area of the organisation or to ensure that staff numbers are correctly allocated to the right tasks. The organisation you work for has asked you to analyse their existing workforce to determine areas where there are excesses or shortages or requirements for mobilisation. How would you do this?
The ability to tap into the global labor market will make the company more competitive by being able to offer competitive prices on products due to lower overhead cost associated with the offset in the labor cost. Attracting employees to join the company is the better option unless there is a management position that requires exceptional talent to fill the position. Relocation of prospective employees can be costly to the company and there is no guarantee that they will be long term employees of the company. With the company's plans for expansion I would recommend overstaffing. This will allow the company to stock pile talent for future
It will also explore the goals of the organization. Redesign and Rewards Introduction Organizations are presented with the challenge of recruiting and retaining quality and productive personnel to maintain their workforce. Organizations are in constant pursuit of new avenues to keep their employees satisfied
By externalising the recruitment process the army faces various opportunities and threats. Outsourcing the process would give the army an opportunity to reduce costs, potentially saving £250 million over ten years by removing highly-paid staff from administrative duties. Another opportunity of externalising recruitment is the prospect of a more streamlined and effective recruitment process in the hands of professional and experienced recruiters, advertisers and marketers. Consequently this could impact positively on the selection process with an improved quality of candidates at the selection phase and a reduced number of soldiers not reaching the passing-out stage. A potential threat the army faces as a result of externalising recruitment is that external recruiters would have less insight into the internal culture and values of the organisation.
In this case, raising the minimum wage has increased employment. So who’s right? The debate actually centers on how to best help the unskilled, the low skilled, the poor and the near poor out of the abyss of poverty. Increasing minimum wage not only may fail to help those people but also actually hurt them. With that being said, while a minimum wage increase may lift some families out of poverty, they push even more families into poverty as employers try to control cost by eliminating jobs, displacing low skilled adults for more productive employees or shaving work schedules.
A procedure can be build to help the managers and consultant at the customer interface achieve new insights into the customer’s requirements and favorites. Lastly, customer-focused strategy is to enter industry that has strong strategic relations to the core adjoining industries. This is a mainly tempting alternative when the core industry is moving toward its operating effectively, produce surplus cash for reinvestment and full capabilities. Therefore industries are most situated to this strategy because it creates relationship with the customers. The executive growth strategy- The three customer-focused growth strategies explains the need supporting infrastructure to raise the chance of victorious implementation.
Strategic Staffing Decisions Recommendations Staffing Levels • Acquire or Develop Talent In deciding to acquire talent or to develop talent, Tanglewood should focus on developing talent in order to achieve the “centralization” the company is looking for. By focusing on developing talent, Tanglewood would be able to create a core workforce with the ability to learn KSAOs (KSAOs are the knowledge, skill, ability, and other characteristics that are needed to perform the job effectively) from entry level jobs all the way up to management jobs. The newly developed employees would be able maintain the current values and culture that Tanglewood is focusing on maintaining for now and in the future as they continue to grow. Tanglewood has previously focused on the acquisition of their employees. Even though many of the employees are able to start employment with little training, this has led to the differences in human resource practices among regional managers which counter Tanglewood’s original philosophy.
Recruitment and selection are two sides of the same coin. , Applicant recruitment and employee selection form a major part of an organization's overall resourcing strategies, which identify and secure people needed for the organization to survive and succeed in the short- to medium-term. Recruitment activities need to be responsive to the increasingly competitive market to secure suitably qualified and capable recruits at all levels. To be effective, these initiatives need to include how and when to source the best recruits, internally or externally. Common to the success of either are: well-defined organizational structures with sound job design, robust task and person specification and versatile selection processes, reward, employment relations and human resource policies, underpinned by a commitment for strong employer branding and employee engagement and on-boarding strategies.
If the interest rate is low, it will cause more funds to be available, greater expansion and increased employment. If the interest rate is high, it will cause fewer funds to be available, less expansion, and decreased employment. Fiscal policy is an important tool for managing the economy because of its ability to affect the total amount of output produced or the gross domestic product. The first impact of a fiscal expansion is to raise the demand for goods and services. This greater demand leads to increases in both output and prices.
Minimum wage increases an individual annual salary, bumping the employee into a higher marginal tax bracket. But positive effects from minimum wage increases are usually erased through higher marginal tax rates. Employees may also face a reduction in working hours. Businesses attempting to lower operating costs often reduce employee hours to save on payroll expenses.