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There are two approaches to HR forecasting: quantitative and qualitative.
HR Forecasting
The process of predicting an organization's future human resources needs to ensure optimal staffing.
Quantitative
pertains to methods or measures that involve quantities or numbers, often used in research or analysis to describe or understand phenomena through statistical or mathematical techniques.
Qualitative
Pertains to data or research outcomes that are descriptive and subjective, often involving characteristics that are not quantifiable.
- Gain insight into the various approaches and techniques for forecasting within human resources, involving both quantitative and qualitative analyses.
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Learning Objectives
- Gain insight into the various approaches and techniques for forecasting within human resources, involving both quantitative and qualitative analyses.
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