DATABEAM is a new company that develops computer games for the 'corporate market' based on politics...
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DATABEAM is a new company that develops computer games for the 'corporate market' based on politics and advancement in a large Fortune 500 company. Their company has the following positions: Phone/internet sales (level 1), Marketing (level 2), Programing (level 3), and Game Design (level 4). It is The firm has collected data in order to forecast its needs for hiring and recruiting in 2022. The resulting probability transition matrix shows the percentages of staff that moved from one percentage to another in 2021 and the staffing levels (number of employees that were in the firm) at the end of 2021. Based on this data, please answer the following questions: A. Describe the internal labor market in the firm. For each position, explain how many people are staying in position, being promoted, being 'demoted', and exiting the firm. B. Forecast the number of people likely to be available in each job category at the end of 2022. C. Given the benchmark staffing requirements from the beginning of 2022, How many people would need to be hired in which job categories during January of 2023 to return the baseline staffing levels? D. Given the following recruiting yield ratios for applicants, calculate how many applicants will be needed to fully meet the firm's projected staffing needs during the recruiting effort in January of 2023. Phone/internet sales (level 1) - 50% Marketing - (level 2) - 80% Programing (level 3) - 50% Game Design (level 4).-20% LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4 Forecast of staffing at end of 2022 Hiring needs to be met during January of 2023 Number of applicants needed to meet new hire requirements Jan 1st 2022 Staffing 500 150 50 30 LEVEL 1 .50 .05 .05 00 LEVEL 2 .10 .60 .00 00 LEVEL 3 .05 .10 .80 00 LEVEL 4 00 00 .10 .70 EXIT .35 .25 .05 .30 DATABEAM is a new company that develops computer games for the 'corporate market' based on politics and advancement in a large Fortune 500 company. Their company has the following positions: Phone/internet sales (level 1), Marketing (level 2), Programing (level 3), and Game Design (level 4). It is The firm has collected data in order to forecast its needs for hiring and recruiting in 2022. The resulting probability transition matrix shows the percentages of staff that moved from one percentage to another in 2021 and the staffing levels (number of employees that were in the firm) at the end of 2021. Based on this data, please answer the following questions: A. Describe the internal labor market in the firm. For each position, explain how many people are staying in position, being promoted, being 'demoted', and exiting the firm. B. Forecast the number of people likely to be available in each job category at the end of 2022. C. Given the benchmark staffing requirements from the beginning of 2022, How many people would need to be hired in which job categories during January of 2023 to return the baseline staffing levels? D. Given the following recruiting yield ratios for applicants, calculate how many applicants will be needed to fully meet the firm's projected staffing needs during the recruiting effort in January of 2023. Phone/internet sales (level 1) - 50% Marketing - (level 2) - 80% Programing (level 3) - 50% Game Design (level 4).-20% LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4 Forecast of staffing at end of 2022 Hiring needs to be met during January of 2023 Number of applicants needed to meet new hire requirements Jan 1st 2022 Staffing 500 150 50 30 LEVEL 1 .50 .05 .05 00 LEVEL 2 .10 .60 .00 00 LEVEL 3 .05 .10 .80 00 LEVEL 4 00 00 .10 .70 EXIT .35 .25 .05 .30
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A Describe the internal labor market in the firm For each position explain how many people are staying in position being promoted being demoted and exiting the firm The internal labor market in the fi... View the full answer
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Auditing and Assurance Services Understanding the Integrated Audit
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1st edition
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