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Vol. 26 No. 01 (2026): Enigma : The Multidisciplinary International Journal

RETRENCHMENT MANPOWER MODELS IN A SINGLE GRADE SYSTEM

Cite this as:
Enigma : The Multidisciplinary International Journal 2026 ;Vol. 26
Published
2026-02-17

Summary

In any organisation retrenchment is necessary whenever number of employee are more than required and number of jobs are less than required.  Due to this unnecessary expenditure, the growth of the organisation will get affected and may lead to complete breakdown of the organisation. In order to avoid this situation, retrenchment have to be done by checking the job strength and staff strength randomly or periodically. An attempt has been made to study the problem of time to retrenchment for an organisation and the explicit expressions for expected time to retrenchment and variance of time to retrenchment have been derived for a single graded organisation.

References

  1. [1] Cormen Thomsan H, Leiserson Charles E, Rivest Ronald L, Stein Clifford (2009), “Introduction to Algorithms” MIT press, London, England,pp-118-119.
  2. [2] Josephat Stephan Itika (2011) “Fundamentals of human resource management” African studies centre, Leiden, Muzumbe university, p.228
  3. [3] Roesmary Boateng Coffie (2016) “Retrenchment process and the coping mechanisms of Employing from the Banking Industry in Ghana: A case of Adot Bank Ghana Limited”, Ph.D., Thesis, Kwame Nkrumah University of Science and Technology, pp.16-29.

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