HRM 2005 Online Ex. 3 Homework

Dave's Dumpsters offers a low-cost disposal system for the high-quality campus food served at M oosehead University, as well as for many other institutions of higher learning. The company has retained your services on a lucrative contract to calculate the vacancy model for next years HR forecast, based on the following assumptions:

a. Workforce complement at beginning of period (i.e before staffing changes): Salary level 1 = 1

Salary level 2 = 4

Salary level 3 = 18

Salary level 4 = 40

Salary level 5 -75

Salary level 6 = 136

e. HR losses duringyear: Salary level 1 - 100%

Salary level 2 = 20%

Salary level 3 = 22%

Salary level 4 25%

Salary level 5 = 30%

Salary level 6 = 50% d. HR supply policy: Outside % Inside Salary level 1 0 100 Salary level 2 10. 90 Salary level 3 20. 80 Salary level 4. 30. 70 Salary level 5. 50. 50 Salary level 6. 100. 0 Source: Exercise created by K. McBey, 2002.

Answer sheet for Vacancy Model Exercise

Please write down your calculations and answers using this table form. Be sure to format your work neatly.

Level	# Personnel at Start of Year	Annual Losses	Promotions to Next Level (Inside)	Level Outflows	External Hiring (Outside)
1
2
3
4
5
6
Total