Final answer:
Annual trained personnel requirements are determined by factors such as the personnel selection process, salary and benefits package, and opportunities for professional development. A skilled workforce increases productivity and market demand for labor, while continual training and development are essential for maintaining workforce skills.
Step-by-step explanation:
The factors that determine annual trained personnel requirements include a variety of elements which must be evaluated by organizations to ensure a well-functioning and productive workforce. Among these factors are:
- Personnel selection process: It's crucial for companies to recruit candidates who fit the company culture and have the potential to grow, even if they may need additional training to acquire specific skills.
- Salary and benefits: A competitive compensation package can attract better-qualified candidates who require less training.
- Professional development: Offerings such as personal growth opportunities, training programs, and educational resources are important for developing the skills of the workforce internally.
Moreover, a well-trained and educated workforce can significantly increase productivity, reducing the need for further training investments. Also, the demand for labor in the market is affected by the skill level of the available workforce, with more skilled workers being in higher demand. Lastly, ongoing training and development are essential even after hiring to maintain a skilled workforce and should be considered as part of the annual personnel requirements.