General Terms
Temporary withdrawal of employment to workers for economic or business reasons.
What is a layoff?
Extending past rates of change into the future.
What is extrapolation?
When certain attitudes (anit-business, social justice) affect the nature of the labour market.
What are community attitudes?
Summaries of each worker's knowledge, skills, abilities, experiences and other attributes.
What are skills inventories?
The departure of employees from an organization, such as resignations, terminations, LOAs.
What is turnover?
A method of estimating future employment needs by matching employment growth with a selected index.
What is indexation?
The study of a firm’s labour market to evaluate the present or future availability of workers.
What is a labour market analysis?
Probabilities of how quickly a position turns over and what an incumbent may do over a forecast period of time.
What is a transition matrix?
Contracting work or tasks to outside agencies or persons.
What is outsourcing?
A group of people rank the importance of staffing needs.
What is the nominal group technique?
This government agency published reports on labour force conditions on a regular basis (geographic, demographic, income, population projections).
What is Statistics Canada?
A comprehensive report or audit of management capabilities.
What is management or leadership inventory?
When work is spread among all workers in a group to reduce the extent of layoffs.
What is job sharing?
A panel of experts are surveyed and summaries are reviewed, until agreement emerges on future staffing needs.
What is the Delphi technique?
This tool provides a 10 year projection of the Canadian economy and human resources needs.
What is the Canadian Occupational Projection System (COPS)?
A forecast of a firm’s future HR supplies using transitional probability matrices reflecting historical movements across jobs.
What is a Markov analysis?