Determining hiring objectives
HR flows
- Outflows (X): quits, retirement, dismissals
- Inflows (H): hires, recall from layoff
- Internal flow: transfers, promotions
E(t) = E(t-1) - X(t) + H(t)
Step 1: Determine E(t)
Step 2: Forecast X(t)
Step 3: Decide H(t)
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