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Kaur
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Rate of growth of HR at macro level is determined by two factorsQuantity and Quality- They determine the supply of HR.
Quantity is determined by
Population policy,
Population structure,
Migration and
Labour force participation
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By: Gurpreet
Kaur
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Scheme
Provisions
Employment Assurance
Scheme (EAS)
National Social
Assistance
Programme
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Provisions
Swaran Jayanti
Gram Swarozgar
Yojna (SJGS)
Prime Ministers
Rozgar Yojana
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0-3 years
A
3-10
Above 10
C
Transition probabilities are estimated for each movement,
thereby the employees in each level at any point of time is
estimated accurately.
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Renewal Model
Renewal models concentrate on the basic assumption that
requirements are met by changes in promotion and
recruitment rates
Knowing the manpower requirements , what is required is
knowledge of how much recruitments and how many
promotions should take place to satisfy them
In this way employees are Pulled through the system to
meet predetermined requirements
Because of this renewal model are also called as Pull Model
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Simulation Model
In simulation model each co-model interacts with
other co-model
In this, each level of the organisation is divided
into a number of years
These years denote the length of time that
employee stay at a certain level
Employee flow from year to year until they reach
the maximum number of years that they can
remain at the same level before being promoted
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Simulation Model
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