MacBook Air 32 delete return SKILL BUILDER Human Resource Forecasting Assignment 1. OBJECTIVES A To give you practice in forecasting an organization's human resource needs B. To familiarize you with some of the factors that affect an organization's future human resource needs growth automater To familiarise you with the complete involved in making human resource forecasts D. To point out that all human resource forecasting is based on assumptions and that these assumptions are critical to the accuracy of the forecast Incorrect complex lead to erroneous forecasts. IL TIME REQUIRED TO COMPLETE One to two hours HII. INSTRUCTIONS You have been given the assignment of forecasting the human resource needs of the National Bank and Trust Company which currently employs approximately 1.10 people The bank presently has so branch offices located throughout the metropolitan area, each of which employs approximately 14 Individuals. The bank expects to add 38 branches during the next three years, Branches within the bank differ considerably in ste, so the figures given represent averages During the past month, the bank has placed an order for automated teller machines to be placed in its former branch offices. These machines are scheduled to be in operation December 31, one year from now. The bank has found that for each new machine purchased, one les telle is needed, on average. A breakdown of the bank's current staffing is shown in Table 2.1 The bank has asked you to perform three human resource forecasting tacks First, based on the assumption 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 of the major personnel categories (ie, supervisors, tellers derical and main office. Your job is to complete Table 22. Second, 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 three years, Your job is to Shift complete Table 23 Table 2. Press 1,100 50 Total Employees Number of Branches Supervisors per Branch Number of Superior Tellers per inch Number of Tellers Branch Employees Main Office Employees 200 10 500 700 100 109 2 Tea T. Le Cat Franch Spo Former Branches One D Year 2 Yema Year Franches MO ranh gii Tebal Year 1 Year 2 Year For Branch Supervisor Varie how Super New bache Finally, your boss would like to know the total number of employees who will be working for the bank as of the end of each of the next three years. Your job is to complete Table 24 In order to complete your assignment, your boss has told you to make a number of mumptions. They are A. You are making all projections in December for subsequent years ending December 31 8. With regard to former branches, assume 1. The so farmer branches employ four supervisors and ten clerical personnelleen each 2 On December 31 (one year hence), 30 teller machines are placed in operation replace tdlers The bunk does not terminate any employees because of the new teller machines Rutbet, as telles quit throughout the year, 30 are not replaced Tunevet la percent for teliers/derical personnel, and 20 percent for supervisor MacBook Air C With regard to new branches, assume 1. New branches are added as follow: 10 in Year 1, 12 in Year 2. und 16 in Year 3 2. Each new branch employs 14 individuals (foar supervisors and ten teller/dlerical) 3. New branches are added evenly throughout the year. Thus, for the purpose of calculating turnover, on average, there are five new branches in 1 10 16 in Year 2 [10 in Year 1 plus 6 (50% 12), and 30 in Year 3 [22plus 8 (50% 101 4. Turnover is 30 percent for tellers/clerical personnel, and 20 percent for supervisors. D. With regard to the main office, assume that turnover will be 10 percent per year, T2 } Tetur Shift 32 SKILL BUILDER Human Resource Forecasting Assignment 1. OBJECTIVES A To give you practice in forecasting an organization's human resource needs. B. To familiarise you with some of the factors that affect an organization's future human resource needs (growth, automation, turnover) C To familiarize you with the complexities involved in making human resource forecasts. D. To point out that all human resource forecasting is based on assumptions and that these assumptions are critical to the accuracy of the forecast. Incorrect assumptions lead to erroneous forecasts. II. TIME REQUIRED TO COMPLETE: One to two hours III. INSTRUCTIONS You have been given the assignment of forecasting the human resource needs of the National Bank and Trust Company which currently employs approximately 1,100 people The bank presently has 50 branch offices located throughout the metropolitan area, cach of which employs approximately 14 Individuals. The bank expects to add 38 branches during the next three years. Branches within the bank differ considerably in size, so the figures given represent averages. During the past month, the bank has placed an order for 30 automated teller machines to be placed in its former branch offices. These machines are scheduled to be in operation 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 the bank's current staffing is shown in Table 2.1. The bank has asked you to perform three human resource forecasting tasks. 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 of the major personnel categories (Le, supervisors, tellers/derical, and main office). Your job is to complete Table 2.2. Second, 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 three years. Your job is to complete Table 2.3. Table 2.1 Pun Staffing Total Employees Number of Branches Supervisors per Branch Number of Supervisors Tellers per Branch Number of Tellers Branch Employees Main Omice Employees 1.100 50 4 200 10 500 700 400 100 Table 2.1 TRIP Year 3 Year 1 Year 2 Employee Category Former Branch Supervisors Former Branch Tellers Main Office New Branch Supervisors New Branch Tellers Table 2.3 Number of Employees to be Hired Year 3 Year 1 Year 2 Employee Category Former Branch Supervisors Former Branch Tellers Main Office New Branch Supervisors New Branch Tellers Totals Table 24 Year End Employment Year 1 Year 2 Year 3 Employee Category Former Branch Supervisors Former Branch Telers Main Office Now Branch Supervisor New Branch Teller Totab Finally, your boss would like to know the total number of employees who will be working for the bank as of the end of each of the next three years. Your job is to complete Table 24 In order to complete your assignment, your boss has told you to make a number of assumptions. They are A. You are making all projections in December for subsequent years ending December 31. B. With regard to former branches, assume 1. The former branches employ four supervisors and ten derical personnel/tellers cach 2. On December 31 (one year hence). 30 teller machines are placed in operation and machines replace 30 tellers 3. The bank does not terminate any employees because of Rather, as tellers quit throughout the year, 30 are not replod Turnover to 30 percent for tellers/clerical personnel, and ervisors 104 C With regard to new branches, assume 1. New branches are added as follows: 10 in Year 1, 12 in Year 2, and 16 in Year 3. 2. Each new branch employs 14 individuals (four supervisors and ten tellers/derical). 3. New branches are added evenly throughout the year. Thus, for the purpose of calculating turnover, on average, there are five new branches in Year 1 (50% 10): 16 in Year 2 [10 in Year 1 plus 6 (50% 12)); and 30 in Year 3 (22 plus 8 (50% 16)]. 4. Turnover is 30 percent for tellers/clerical personnel, and 20 percent for supervisors. D. With regard to the main office, assume that turnover will be 10 percent per year. MacBook Air 32 delete return SKILL BUILDER Human Resource Forecasting Assignment 1. OBJECTIVES A To give you practice in forecasting an organization's human resource needs B. To familiarize you with some of the factors that affect an organization's future human resource needs growth automater To familiarise you with the complete involved in making human resource forecasts D. To point out that all human resource forecasting is based on assumptions and that these assumptions are critical to the accuracy of the forecast Incorrect complex lead to erroneous forecasts. IL TIME REQUIRED TO COMPLETE One to two hours HII. INSTRUCTIONS You have been given the assignment of forecasting the human resource needs of the National Bank and Trust Company which currently employs approximately 1.10 people The bank presently has so branch offices located throughout the metropolitan area, each of which employs approximately 14 Individuals. The bank expects to add 38 branches during the next three years, Branches within the bank differ considerably in ste, so the figures given represent averages During the past month, the bank has placed an order for automated teller machines to be placed in its former branch offices. These machines are scheduled to be in operation December 31, one year from now. The bank has found that for each new machine purchased, one les telle is needed, on average. A breakdown of the bank's current staffing is shown in Table 2.1 The bank has asked you to perform three human resource forecasting tacks First, based on the assumption 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 of the major personnel categories (ie, supervisors, tellers derical and main office. Your job is to complete Table 22. Second, 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 three years, Your job is to Shift complete Table 23 Table 2. Press 1,100 50 Total Employees Number of Branches Supervisors per Branch Number of Superior Tellers per inch Number of Tellers Branch Employees Main Office Employees 200 10 500 700 100 109 2 Tea T. Le Cat Franch Spo Former Branches One D Year 2 Yema Year Franches MO ranh gii Tebal Year 1 Year 2 Year For Branch Supervisor Varie how Super New bache Finally, your boss would like to know the total number of employees who will be working for the bank as of the end of each of the next three years. Your job is to complete Table 24 In order to complete your assignment, your boss has told you to make a number of mumptions. They are A. You are making all projections in December for subsequent years ending December 31 8. With regard to former branches, assume 1. The so farmer branches employ four supervisors and ten clerical personnelleen each 2 On December 31 (one year hence), 30 teller machines are placed in operation replace tdlers The bunk does not terminate any employees because of the new teller machines Rutbet, as telles quit throughout the year, 30 are not replaced Tunevet la percent for teliers/derical personnel, and 20 percent for supervisor MacBook Air C With regard to new branches, assume 1. New branches are added as follow: 10 in Year 1, 12 in Year 2. und 16 in Year 3 2. Each new branch employs 14 individuals (foar supervisors and ten teller/dlerical) 3. New branches are added evenly throughout the year. Thus, for the purpose of calculating turnover, on average, there are five new branches in 1 10 16 in Year 2 [10 in Year 1 plus 6 (50% 12), and 30 in Year 3 [22plus 8 (50% 101 4. Turnover is 30 percent for tellers/clerical personnel, and 20 percent for supervisors. D. With regard to the main office, assume that turnover will be 10 percent per year, T2 } Tetur Shift 32 SKILL BUILDER Human Resource Forecasting Assignment 1. OBJECTIVES A To give you practice in forecasting an organization's human resource needs. B. To familiarise you with some of the factors that affect an organization's future human resource needs (growth, automation, turnover) C To familiarize you with the complexities involved in making human resource forecasts. D. To point out that all human resource forecasting is based on assumptions and that these assumptions are critical to the accuracy of the forecast. Incorrect assumptions lead to erroneous forecasts. II. TIME REQUIRED TO COMPLETE: One to two hours III. INSTRUCTIONS You have been given the assignment of forecasting the human resource needs of the National Bank and Trust Company which currently employs approximately 1,100 people The bank presently has 50 branch offices located throughout the metropolitan area, cach of which employs approximately 14 Individuals. The bank expects to add 38 branches during the next three years. Branches within the bank differ considerably in size, so the figures given represent averages. During the past month, the bank has placed an order for 30 automated teller machines to be placed in its former branch offices. These machines are scheduled to be in operation 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 the bank's current staffing is shown in Table 2.1. The bank has asked you to perform three human resource forecasting tasks. 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 of the major personnel categories (Le, supervisors, tellers/derical, and main office). Your job is to complete Table 2.2. Second, 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 three years. Your job is to complete Table 2.3. Table 2.1 Pun Staffing Total Employees Number of Branches Supervisors per Branch Number of Supervisors Tellers per Branch Number of Tellers Branch Employees Main Omice Employees 1.100 50 4 200 10 500 700 400 100 Table 2.1 TRIP Year 3 Year 1 Year 2 Employee Category Former Branch Supervisors Former Branch Tellers Main Office New Branch Supervisors New Branch Tellers Table 2.3 Number of Employees to be Hired Year 3 Year 1 Year 2 Employee Category Former Branch Supervisors Former Branch Tellers Main Office New Branch Supervisors New Branch Tellers Totals Table 24 Year End Employment Year 1 Year 2 Year 3 Employee Category Former Branch Supervisors Former Branch Telers Main Office Now Branch Supervisor New Branch Teller Totab Finally, your boss would like to know the total number of employees who will be working for the bank as of the end of each of the next three years. Your job is to complete Table 24 In order to complete your assignment, your boss has told you to make a number of assumptions. They are A. You are making all projections in December for subsequent years ending December 31. B. With regard to former branches, assume 1. The former branches employ four supervisors and ten derical personnel/tellers cach 2. On December 31 (one year hence). 30 teller machines are placed in operation and machines replace 30 tellers 3. The bank does not terminate any employees because of Rather, as tellers quit throughout the year, 30 are not replod Turnover to 30 percent for tellers/clerical personnel, and ervisors 104 C With regard to new branches, assume 1. New branches are added as follows: 10 in Year 1, 12 in Year 2, and 16 in Year 3. 2. Each new branch employs 14 individuals (four supervisors and ten tellers/derical). 3. New branches are added evenly throughout the year. Thus, for the purpose of calculating turnover, on average, there are five new branches in Year 1 (50% 10): 16 in Year 2 [10 in Year 1 plus 6 (50% 12)); and 30 in Year 3 (22 plus 8 (50% 16)]. 4. Turnover is 30 percent for tellers/clerical personnel, and 20 percent for supervisors. D. With regard to the main office, assume that turnover will be 10 percent per year