Question: Explain the forecasting process in HR Planning? If there is a forecast that in your company there will be labour shortage of labour supply, how

Explain the forecasting process in HR Planning? If there is a forecast that in your company there will be labour shortage of labour supply, how would you prepare for it? Answer should reflect HR forecasting planning model. List and explain the main decision areas and concepts in employee compensation management.

( Marks will be evaluated against your reference to the citation of the text book, formation of argument and overall knowledge of the subject)

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