You are the Manager of the department and your company needs 20% more operators within the next year. There are currently 90 operators in the company.

You expect retirements to be 2%

You expect voluntary resignations to be 2%

You expect involuntary turnover to be 3%

Currently 90 Operators - need 20% more positions within 1 year.

Forecasted Demand is increasing by 18 positions = positions required in 1 year

Operators
	Percentage	# of Positions
January 1. Current Supply (# of people)		90
Assumptions based on Trend Analysis:
Forecasted Retirements	2%	?
Forecasted Voluntary Resignations	2%	?
Forecasted Involuntary Terminations	3%	?
Forecasted decrease in Supply (# people) in 2023		?
December 31. Forecasted Supply (# of people)		?
December 31. Forecasted Demand of positions		108
GAP		?

Labour Surplus- Internal supply of employees exceeds the organization's forecasted demand.

Labour Shortage- Internal supply of employees cannot meet the organization's needs.

Labour Equilibrium- Expected supply matches the actual demand.

No need to change HR Plans.

Post Instructions

1) Group Post (worth 5%) Due in Class - One person from each group will post the answer during class and all group members will receive the same grade. Your post should answer the following questions and be approximately 500 words. Questions:

Do you project a labour equilibrium, shortage, or surplus at the end of the year? Explain?

Describe the recommendation you would implement based on the gap.

What is the impact on the employer?

Use course concepts. (negative and positive impacts)

2) Individual Post (worth 5%) Due Next Day at 11:59 pm - After class, read all group posts and each person is expected to respond individually and post an answer to the following questions.

Questions: Post 1 recommendation from another group response you agree with. Give reasons why. (200 Words with Examples)

Post 1 recommendation from another group you disagree with. Give reasons why. (200 Words with Examples)