KWAME NKRUMAH UNIVERSITY OF SCIENCE AND

TECHNOLOGY, OBUASI
KNUST SCHOOL OF BUSINESS, OBUASI
HUMAN RESOURCE AND ORGANIZATIONAL DEVELOPMENT
DEPARTMENT
HUMAN RESOURCE PLANNING
MAS: 453
 ORGANIZATION OF
CHOICE

NAME INDEX NUMBER

PRINCE KWEKU
ANDOH-MENSAH 9110419

AUGUSTINA
ASUBONTENG 9110719

JAMES TAMAKLOE
9112719
ISAAC EHOMA KWAW
ARMOH 9110619
 AMAZON’S WORKFORCE
 The Oxford dictionary defines workforce as ‘the people engaged in
or available for work, either in a country or area or in a particular
firm or industry’. It also means workers engaged in a specific
activity. The workforce can also be called the labor force.
 Asof 2021, Amazon's workforce consists of more than 1.3 million
employees worldwide. The company operates in several countries
and employs people from diverse backgrounds with diverse
knowledge, skill sets, abilities and other characteristics. In terms of
gender diversity, Amazon reported that as of 2021, 42% of its global
workforce is made up of women, including 29% of its managers.
 AMAZON’S WORKFORCE

 Full-time employees
 Part-time employees
 Contractors
 Temporary workers
 Remote workers
 International workers
 FORECASTING
 Amazon uses a variety of methods (Quantitative and Qualitative) to forecast HR
needs. These methods involve collecting and analyzing data to identify patterns
and trends, and to predict future workforce needs. Here are some of the ways that
HR managers would forecasts for Amazon.
 Historical Data Analysis
 Business Demand Analysis
 Workforce Planning Tools
 Talent Analytics
 Artificial Intelligence and Machine Learning
 Talent Analytics
 Qualitative Methods
 WHEN THERE’S A SURPLUS
 Freeze or Reduce Hiring:
 Reassign Employees
 Offer Voluntary Separation Packages
 Implement a Hiring Freeze and Attrition
 Offer Early Retirement or Retrenchment
WHEN THERE’S A SHORTAGE
 Increase Recruitment Efforts
 Offer Higher Salaries and Benefits
 Partner with Educational Institutions
 Expand Geographical Reach
 Retain Existing Employees
 WHY FIRMS DO FORECASTING
 Anticipating Peak Season Demand
 Planning for New Business Ventures
 Identifying Talent Gaps
 Predicting Future Business Performance
CONCLUSION
 In conclusion, HR forecasting is a critical process that helps organizations to
anticipate and plan for future HR needs. By using a combination of quantitative
and qualitative methods, companies like Amazon can identify potential gaps in
their workforce and take proactive steps to address them. HR forecasting enables
companies to manage costs, maintain productivity, and stay competitive in the
market. As such, it is an essential component of effective human resource
management and strategic planning for any organization.