Manpower Replacement Policy (Staffing Policy)
Manpower replacement policy or staffing policy
One of the most important problems faced by companies is mostly about vacancies and initial level of recruitment. Issues regarding recruitment are mainly caused by certain factors. They are:
- Transfer
- Employees resigning from their jobs
- Retirement
- Promotion
- Death
A majority of industries follow the replacement principle which can also be used by them in the recruitment process as well as in promotion policies. These are also stated as personnel policy of a company. The assumptions which are based on this policy is usually decided after determining the destination for manpower.
Links of Previous Main Topic:-
- Duality in linear programming
- Learning objectives
- Learning objectives and chapter outline in assignment model
- Minimization problems
- Learning objectives the transportation problems
- Replacement theory learning objectives and chapter outline
Link of Next Finance Topics:-