Assignment Task: You are the Manager of HR for ABC Corporation, a large non-unionized manufacturing facility located just east of Toronto. It is March and through consultation with the CEO, you have recently been informed that the company of 1600 employees will need to be permanently reduced to 1100 Full Time employees by the end of the calendar year. There is currently a surplus of personnel in the amount of 100 staff (you currently employ 1600, but realistically could make due with 1500 at this time). There is, however, a new product launch planned for August, and there will be a tentative need for 200 employees (in addition to the 1600 you currently have) to assist with this launch from June until September. It has been determined some funding will be made available to cover restructuring costs, including those related to employee movement decisions.
Q1. Differentiate between Qualitative and Quantitative methods that can be used when attempting to determine HR demand. Identify and describe 2 methods for each, indicating whether they are Qualitative or Quantitative methods.
Q2. Identify and describe two models or techniques that can be used by organizations to determine future HR supply requirements.