What is the actual projected turnover rate


Problem

To answer the below questions, you should assume the following data for your projection model:

Iran's total population as 78 million locals (80m total - 2m Afghan and Iraqi migrants);

the Iranian Sunni communities as 8% of the population;

the Iranian-Arab communities of Khuzestan and Hormozgan as 2% of the population;

NPC female staff rate of 21% as a role model for entire NIOC;

NPC and NIOC's average annual turnover, projected for the next 5 years as around 0.5% per year, so totalling a maximum 2.5% turnover for 2017 to 2022 period;

NPC and NIOC's current rate of all ‘ethnic-minorities' is about 8% but this is not useful as the data is aggregated (and we cannot disaggregate it, to identify our target groups) so you can assume a lower prudent estimate number, between 0% to 2%, as you see fit;

Iran's labour force participation rate percentage is 44.7% (meaning that about 56% of population are not in the labour force as they are too young, too old or in education, etc.)

NPC Public and Private sector firms total 21410, and NIOC has 40000 staff members.

B1. With 2.5% over 5 years, what is the actual projected turnover rate, in terms of staff numbers from NPC and NIOC by 2022? Assuming the overall numbers remain steady, what will be the projected vacancy numbers, per year in NPC and NIOC? Do you agree or not?

B2. Within the next five years, what projected number of staff from a Sunni-dominated ethnic background need to be recruited into NPC and NIOC, to mirror the national population-segment percentages? Do you agree or not?

B3. Within the next five years, what projected number of Iranian-Arabs ethnic background need to be recruited into NPC and NIOC, to mirror the national population-segment percentages?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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