Question: chapter 5 case study : strategic staffing at cherns The Transition Probabilities for 2018-2019 Are the Expected Transition Rates for 2020 Job Category Level SF

chapter 5 case study : strategic staffing at cherns

The Transition Probabilities for 2018-2019 Are the Expected Transition Rates for 2020 Job Category Level SF SP ASM RSM Exit # Empl. End of '19 Sales, Full-time (SF) 1 50 .10 05 .00 35 500 Sales, Part-time (SP) 1 .05 .60 .10 .00 25 150 2 .05 .00 .80 .10 .05 50 Ass't. Sales Mgr. (ASM) Region. Sales Mgr. (RSM) 3 .00 8 .00 .70 .30 30 CASE STUDY ASSIGNMENT: STRATEGIC STAFFING AT CHERN'S This chapter's Chern's case study assignment is to: a. Conduct a transition analysis. b. Summarize the internal labor market and highlight any trends or forecasted gaps. c. Based on the transition probability matrix. calculate how many new full-time sales associates should be hired externally. d. Calculate the number of applicants needed to acquire the number of new hires you forecasted. e. Research the current and forecasted labor market for retail salespeople. If you forecast a gap, determine whether the gap is temporary or permanent. Make some recommendations to address the gap

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