Staffing Strategy
For a company like Widget-Maker, what should be the staffing strategy?
Staffing Trends
A business will need to produce a labour demand forecast and for that it adds up the past average turnover rate per annum, the estimated retiring labour, the skills which may become obsolete and any new jobs that may be introduced. Then subtract from it the present number of employees that may fill the vacancies through training etc. and the result you get is known as gap analysis. With the help of this figure, a business can derive a staffing strategy through a proactive approach.
Succession Planning
In order to fill sudden vacancies in the staff, the best solution is to have employees who'd be capable of learning the new skills and taking the new job. This is the quickest method and is better than having to recruit someone from outside the business.
Recruitment
When you recruit externally, there are chances that the new staff will not be up to the mark. The turnover rate might also increase and in that case, a reassessment of the recruitment strategies is crucial. According to Peterson, employees that are leaving the business should be interviewed so as to learn where the company fell short of the employees' expectations and also receive feedback of the working conditions at the firm.
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Flexible Staffing
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