HRM course

Instructions: You have to prepare forecasts for the human resource needs of the Bank, which currently employs about 1100 people. The bank presently have 50 branches located throughout the metropolitan area and each employs approximately 14 individuals. The bank expects to add 38 branches during the next three years. Branches within the bank considerably in size, so the figures given represent averages. During the past month, the bank has placed an order for 30 automated machines to be placed in its former branch offices. These machines are scheduled to be in operation from December 31, one year from now. The bank has found that for each new machine purchased, one less teller is needed, on average. A breakdown of bank's current staffing is shown in Table 1 below. The bank has asked you to perform three human resources forecasting tasks. 1. First based on the assumptions given below, you are required to determine employee turnover for the main office, the former branches, and the new branches. Your boss would like to know this information for each of the next three years and for each the major personnel categories (i.c. supervisors, teller and main office). Your job is to compute Table 2. 2. Your boss would like to know the number of new employees the bank will need to hire for each major personnel category for each of the next 3-years. Your job is to complete Table 3. 3. Your boss would like to know the total number of employees who will be working for the bank as the end of each of the next three years. Your job is to complete Table 4. In order to complete your assignment, you need to make the following assumptions. They are: a. You are making all projections in December for subsequent years ending Dec 31. b. With regard to former branches, assume: a. The 50 former branches employ 4 supervisors and 10 tellers each. b. On December 31 (one year from now), 30 teller machines are placed in operation and replace 30 tellers. c. Bank do not terminate any tellers because of the new machines, rather as tellers quit throughout the year, 30 are not replaced. d. Turnover is 30% for tellers, and 20% for supervisors. Page 1 of 3 a The head office of Tradition Inc. is located in a remote region, at least three hours from a large city. In the summer, it is a very popular spot with tourists who come to enjoy its water sports, swimming, camping, fishing and golf facilities. The region is not nearly as busy during the other three seasons. Tradition Inc. also has five plants in other Canadian cities that employ between 150 and 300 people each. The company is looking for a vice president, human resources, who is highly qualified and has extensive human resources management experience. This person will be responsible for establishing human resources guidelines for all the plants and be in charge of the human resources department at head office. The president has already given the matter some thought and has decided not to recruit among the human resources managers in the other cities where Tradition Inc. has plants. This new vice president will have to meet a number of business challenges. He or she will be expected to: harmonize the cultures of the businesses acquired in the last two years; reduce the rate of industrial accidents to reduce the premiums paid by the company; support the standardization of human resources management practices; improve plant managers' management skills. The vice president, human resources, will report directly to the president, who is the founding owner of the organization. This bold man of action started with one small plant ten years ago and was able to turn Tradition Inc. into what it is today through growth and acquisitions. It is now one of the four largest companies in the industry 1. Design a job specification for the position in the above case-study. 2. You are a recruiter, what recruiting tools will you use (media, where will you direct your search, etc.)? 3. Which recruitment method will you use internal versus external method)? Explain your reasons. List the techniques used by you for recruiting the vice president. Justify your choices. a 4