Hi I have a question about calculating vacancy models.
Calculate vacancy model using below assumptions, indicate the total number of:
1. employees at the start of the year
2. new employees
3. annual losses
4. promotion to the next level
6. external hires
Round off to the nearest whole number.
a. workforce complement at beginning?of period (i.e before staffing changes):
Salary Level 1=1
Salary Level 2=4
Salary Level 3=18
Salary Level 4=40
Salary Level 5=75
Salary Level 6=136
b) ?Organizational growth: 5% increase in each salary level with exception of salary level 1 (CEO) which remains at one position
c) HR losses during the year:
Salary Level 1=100%
Salary Level 2=20%
Salary Level 3=22%
Salary Level 4=25%
Salary Level 5=30%
Salary Level 6=50%
d) HR supply policy:
Salary Level 1=outside % = 0, inside% = 100
Salary Level 2=outside % = 10, inside% = 90
Salary Level 3=outside % = 20, inside% = 80
Salary Level 4=outside % = 30, inside% = 70
Salary Level 5=outside % = 50, inside% = 50
Salary Level 6=outside % =100, inside% = 0
This question was answered on: Oct 07, 2020
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Oct 07, 2020EXPERT
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