Exam 5: Determining HR Demand

​Canadian Engineering Shortages According to a new Engineers Canada labour market projection report,there are currently labour shortages in a number of engineering occupations,particularly civil,mechanical,electrical,and electronic engineers,as well as a shortage of computer engineers at both the provincial and national levels.Occupation data sourced from the Canadian National Household Survey and the Canadian Labour Force Survey indicate that engineering occupations' employment and wages are increasing faster than in other occupations.Unemployment is very low,less than one percent for many engineering occupations,relative to historical data and to other occupation data.Replacement demand for engineers will be particularly relevant over the next decade as the baby boom generation retires.Economic activity is generating a stronger demand for engineers in Western Canada than in Eastern Canada. ​ Out of the fourteen different engineering occupations,the forecast for civil engineers is particularly high.It is projected that there will be an average of 2 500 job openings for civil engineers annually over the next five years.Growth in industries that employ civil engineers will generate about 1 000 of these openings each year.Another 1 500 of these job openings will be related to the replacement of retiring workers,given the high average age of 48 years old for civil engineers. ​ The growth in demand for civil engineering occupations has been strong due to the rising needs associated with the high number of retiring workers.Although countless challenges influence the demand for engineering professionals,what is the primary cause of demand in this case?

What stage in the nominal group technique would typically ask a question like,"What will ABC Corporation's demand for production workers be in the year 2017?"

Analyze Case Incident: "Canadian Engineering Shortages." Using the information you know about forecasting HR demand,what advice would you offer to Engineers Canada to address the replacement demand for engineers over the next decade

HR demand refers to the future need for the firm's skills requirements,the types of jobs and the number of positions that must be filled for the firm to implement its strategy.

Unlike trend analysis,impact analysis relies on subjective,but expert,judgments.

What would be the first step in HR forecasting once an organization has identified its organizational goals,objectives,and plans?

Another name for the scenario forecast method is the projection forecast method.

What method of estimating HR demand extrapolates historical organizational indices to forecast future personnel needs?

HR budgets are a qualitative method of HR demand forecasting that estimates the number and types of personnel required by the organization.

In the Delphi method experts do not meet,but they do in the nominal group technique.

The Delphi technique is a quantitative method for deriving detailed assumptions of long-run HR demand.

An organization wants to determine the total HR demand requirement for long-run time periods.What would be the best way to gather this information?

Times series models use past data to predict future demand.They can range from very simple to highly complex.

Which forecasting technique would an organization use if it wanted to conduct a long-run qualitative forecast in which experts meet and give their assessments about the future?

​Canadian Engineering Shortages According to a new Engineers Canada labour market projection report,there are currently labour shortages in a number of engineering occupations,particularly civil,mechanical,electrical,and electronic engineers,as well as a shortage of computer engineers at both the provincial and national levels.Occupation data sourced from the Canadian National Household Survey and the Canadian Labour Force Survey indicate that engineering occupations' employment and wages are increasing faster than in other occupations.Unemployment is very low,less than one percent for many engineering occupations,relative to historical data and to other occupation data.Replacement demand for engineers will be particularly relevant over the next decade as the baby boom generation retires.Economic activity is generating a stronger demand for engineers in Western Canada than in Eastern Canada. ​ Out of the fourteen different engineering occupations,the forecast for civil engineers is particularly high.It is projected that there will be an average of 2 500 job openings for civil engineers annually over the next five years.Growth in industries that employ civil engineers will generate about 1 000 of these openings each year.Another 1 500 of these job openings will be related to the replacement of retiring workers,given the high average age of 48 years old for civil engineers. The situation described in this scenario can be referred to as a tight labour market.What occurs in a tight labour market?

Typically,how is most of the expert information gathered using the Delphi technique?

If you want to determine the total HR demand requirement for operational or short-run time periods,what type of information should you gather?

If there are several dependent variables,then the regression is referred to as multivariate regression analysis.