Essay on Management: Employment and Assistant Store Manager

Submitted By Sabella511
Words: 488
Pages: 2

Sable Arment
MGMT 364C
DropBox Assignment 1

Forecast of availabilities
Next year (projected)

(1)
(2)
(3)
(4)
(5)
Exit

Current Workforce

Previous year
(1) Store associate
8,500
4505
510
0
0
0
3485

(2) Shift leader
1,200
0
600
192
0
0
408

(3) Department manager
850
0
0
493
102
0
255

(4) Assistant store manager
150
0
0
9
69
12
60

(5) Store manager
50
0
0
0
0
33
17

Gap analysis
Next year (projected)

(1)
(2)
(3)
(4)
(5)

Year end total
(column sum)
4505
1110
694
171
45

External hires needed
(current workforce-total)
3995
90
156
21
5
MarkovAnalysis Information
Transition Probability Matrix
Current Year

(1)
(2)
(3)
(4)
(5)
Exit

(1) Store associate

.53
.06
0
0
0
.41

(2) Shift leader

0
.50
.16
0
0
.34

(3) Department manager

0
0
.58
.12
0
.30

(4) Assistant store manager

0
0
.06
.46
.08
.40

(5) Store manager

0
0
0
0
.66
.34

Tanglewood may have problems in the future with staffing. They have many vacancies in the areas of upper management. The policy at Tanglewood is usually to promote from within. There aren’t enough associates available for promotion that would be able to fill the need for all of the open positions for managerial positions. Tanglewood wants to hire well rounded and educated personnel. The types of people they want to hire (young, college graduates) aren’t available, as people in this group do not want to work their way up. They would rather have a managerial position from the beginning. It is difficult for businesses to find worthwhile employees for retail positions as there are many negative connotations associated with the position.

Firstly, Tanglewood needs to hire, hire, hire! In order to find worthwhile employees, they should do some job recruiting. They can do this by setting up at job fairs at local colleges, which is where their major hiring demographic comes from. They can also make efforts toward making a “retail position” a more coveted position. They can do this by offering higher pay, raises, other incentives such as nice vacations, way to earn bonuses as well as education paybacks. The…