Workforce Modelling in Support of Rejuvenation Objectives

Abstract

This paper presents a method for measuring the effect of staffing policies toward objectives of workforce rejuvenation. It describes two deterministic models based on the application of rates of personnel flows to workforce segments. The first model works by solving a system of linear equations describing personnel flows to obtain the workforce’s age profile at equilibrium. The second model, by iterating through successive future years, determines the age profile that will result from the set personnel flows. The dynamic model is necessary to identify shorter term effects of staffing policies.