Create a hiring forecast

Create a hiring forecast using MS Project

I didn’t buy MS Project when I selected the software for this PC. It’s overkill for most of what I do. However, I found this MS Project template for a Skills Assessment and Hiring Forecast while looking around the template pages, in the process of writing a series of posts in honor of Bill Gates’ birthday.

Creating a hiring forecast using MS Project

Screen shot of a Hiring Forecast MS Project Plan

Without MS Project installed, I can’t open the file, and therefore can’t tell you what else is in the template.  It looks much more detailed than you’ll need for your first 10 employees.  I talked with a sales person at Pay Scale, which sells salary information to Human Resources departments.  He said that his company sold memberships to businesses with about 100 employees.  If and when your business gets that big, you might want to look at a template like this to understand what companies like Pay Scale can help you do.

If you’re a long way from 100 employees but you still need to do a hiring forecast, AND you have MS Project installed, try downloading the file anyway.  If the template is well-designed (and it probably is), you may be able to look at the high-level summary tasks to get a good-enough idea of one way to conduct a hiring forecast.

OTOH, you can do a pretty good job without a template, simply by thinking about what kind of employees, and how many, you’re likely to need in the next calendar year.  When you have a list, backfill from the “planned start” date according to how long it takes your business to define and fill a position.  (If you don’t know, allow at least three months.)

A quick search didn’t find any obviously useful sites.  If you want to dig  deeper, look for “workforce planning” and “talent pipeline,” but these terms may take you to resources more appropriate for big business.