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A Labor Problem

A Labor Problem

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Published by Gaurav

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Categories:Types, Research
Published by: Gaurav on Mar 20, 2010
Copyright:Attribution Non-commercial

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03/20/2010

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HUMAN RESOURCEHUMAN RESOURCEDEMAND FORECASTDEMAND FORECAST
 
Employees required for a future planEmployees required for a future planperiod is a function of the estimatedperiod is a function of the estimatedsales revenue (or production estimate)sales revenue (or production estimate)for that period and the productivityfor that period and the productivitygoal.goal.
 
Current yearPlan Year EstimatePlan Year Estimate
 No Change in Productivity7% improvement in Productivity
Revenue
Rs. 120 millionRs. 150 millionRs. 150 million
Present No. of Employees
857
Productivity(Revenue peremployee)
Rs. 1,40,000Rs. 1,40,000Rs. 1,49,600
EmployeesRequired
10711001

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