With demographic trends predicting even greater shortages in the market supply due to retiring baby boom generation workers,what HR supply analysis method is now assuming much greater importance?
A)staffing inventories
B)HRMS database
C)succession planning
D)movement analysis

Question

Quizplus · Accepted Answer

Succession planning is assuming much greater importance as it ensures that the company has a pipeline of capable and qualified employees who can fill in key positions when current employees retire or leave. With a larger number of baby boom workers retiring, it is essential for companies to have a clear plan in place to replace them with skilled workers.

With Demographic Trends Predicting Even Greater Shortages in the Market