A model for manpower management is presented based upon the study of a large technical department of a corporation. The model can be used in an optimization mode to determine recruiting plans, given manning needs, and in a simulation mode to project the results of changes in salary structure or advancement policies. The model explicitly recognizes different levels of performance at each job level, and the fact that certain sources of employees are more likely to produce ″better″ employees than others. Also modeled is the phenomenon of the ″learning period″ - the time it takes for a person to approach his potential in a given job. Several numerical examples of the use of the model based on observed data are presented.
All Science Journal Classification (ASJC) codes
- Strategy and Management
- Management Science and Operations Research