Tools for Forecasting Workforce Needs

Question 1

What is Job Bidding?

Answer 1

Expressing interest in a position in an organization before that position is available.

Question 2

What is Succession Planning ?

Answer 2

Identifying promising employees who have the potential to occupy managerial or executive roles in an organization.

Question 3

What is a Dual Career Ladder?

Answer 3

Identifying a career path that is rich in expertise and cross-training. Employees master two traditionally disparate roles and then move on to the next phase.

Question 4

What is Replacement Charting?

Answer 4

Categorizing employees in four ways:

Ready for promotion

Developed for future promotion

Satisfactory in the current position

Replace

Question 5

What is Turnover Forecasting?

Answer 5

To review the existing workforce and determine who might leave.