HR forecasting methods

Turtle Tanks Inc. designs and manufactures spherical-shaped septic tanks. There is increased demand for them at resort and recreational properties, particularly lakeshore properties across Canada where buildings cannot be hooked up to municipal sewer systems. Among the many benefits of this product is that it meets high environmental standards and has recently won several “green product” awards. The company’s main office and manufacturing plant is located in Kelowna, B.C., but over the past two years, the company has expanded. It now has service offices in all provinces and one manufacturing plant in Winnipeg, Manitoba. As a result of the company’s continued major expansion, it anticipates that the required number of employees for locations outside of B.C. will increase by 20% this year and that the local Kelowna employees will decrease by 10%. Turtle Tanks Inc. currently has 85 full-time employees.

The HR manager, based in Kelowna, is busy forecasting the company’s human resources. Identify, describe and apply two HR forecasting methods that the HR manager should use to support the company achieving an overall net  balanced HR requirement.