Describe the internal labor market of the company in terms


Questions:

1. Describe the internal labor market of the company in terms of job stability (staying in same job), promotion paths and rates, transfer paths and rates, demotion paths and rates, and turnover (exit) rates.

2. Forecast the numbers available in each job category in 2008.

3. Indicate potential limitations to your forecasts.

Transition probabilities

(2005-2006)

 

 

 

 

 

 

Current

(2007)

Job Category

Level

SF

SP

ASM

RSM

Exit

No. Emp

Sales Full (SF)Time

1

.50

.10

.05

.00

.35

500

Sales Part (SP)Time

1

.05

.60

.10

.00

.25

150

Asst Sales (ASM)Mgrs

2

.05

.00

.80

.10

.05

50

Region Sales (RSM)Mgr.

3

.00

.00

.00

.70

.30

30

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Finance Basics: Describe the internal labor market of the company in terms
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