Question
According to information stored on Jones Aluminium's comprehensive HRIS system, annual employee transactional metrics (Markov) movements between levels 4 and 8 in last year
According to information stored on Jones Aluminium's comprehensive HRIS system, annual employee transactional metrics (Markov) movements between levels 4 and 8 in last year are as follows: Level 4 Level 5 Level 6 Level 7 Level 8 Exit Total Level 4 25 4 1 45 Level 5 5 28 2 35 Level 6 2 10 3 15 Level 7 35 155 10 200 Level 8 20 80 500 50 650 1. Calculate the hypothetical transactional matrix (%) for levels 4 to 8 based on information provided in the chart above. 2. Explain what your finding/forecasting means in regard to your future workforce? And what would be your recommendation?
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Cornerstones Of Cost Management
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