Four analytical steps in workforce planning: The supply model analysis, which reviews an organization’s current labor supply. The demand model analysis, which estimates future business plans and objectives. The gap analysis, which compares the variances in the supply and demand…
The National Labor Relations Board (NLRB) was founded by Congress as part of the Wagner Act to defend and protect the right of employees, employers, unions, and the general public. The NLRB has two major functions: resolving unfair labor practices…
A Center of Excellence (COE) Human Resource Model features internal groups of consultants that have expertise in the different human resource functional areas, like payroll and benefits.
KPI stands for Key Performance Indicators. KPIs measure specific human resource activities that contribute to the efficiency and effectiveness of a company. KPIs provide a company with quantitative measurements that can be used to examine qualities and actions that contribute…
To calculate this ratio: (number of human resources FTEs / Number of total FTEs) x 100 This ratio allows for the comparison of staffing levels among firms. In general, larger organizations employ more human resource professionals to meet the needs…