17B : Workforce Planning

Question 1

What is meant by workforce planning?

Answer 1

I ensure that the business has the right number of staff with the right skills to meet the needs of the company

Question 2

What are components of a workforce plan

Answer 2

• Number of workers needed in the future

• estimated cost of employing workforce

• skills required

• where worker will need no be placed (in which sites)

Question 3

What are the stages of workforce planning

Answer 3

• How many : need to plan how many staff they require

• skills : what skills are required for each staff member

• when needed : business must decide when new workers will be needed

• where needed : for larger businesses there may be many sites where employees are based

Question 4

How will businesses achieve the target to increase staff ?

Answer 4

•Training : Existing staff might have to be trained to increase their kills to cope with demands in their job.

• redeployed : Changs then, this also ikely to mean staff will neec
will need to be trained and learn
new skills.

• Recruitment : New staff may need to be recruited outside of the business.

Question 5

How will businesses active there target to need of staff to fall

Answer 5

• Natural Wastage:
Employees who leave voluntarily (e.g., retirement, childcare, or better job opportunities) are not replaced.

• Voluntary Redundancy:
Workers are invited to resign voluntarily, often with incentives like generous redundancy payments.

• Retirement:
Employees nearing retirement age may be offered early retirement packages, allowing them to access pensions sooner.

• Compulsory Redundancies:
As a last resort, employees are selected and required to leave their jobs.