Human Resource PlanningDefined as the process of forecasting Organisations future demand for andsupply of right type of people in right numbersReferred as the preliminary step of recruitment & selection processImportance1. Determines future personnel needs2. Helps to cope with changing market, technology & government policies3. Create highly talented personnel4. Protection of weaker sections5. Helps to reduce personnel costs6. Helps to increase investment in human resources
Human Resource Planning – Factors Affecting1. Type & Strategy of Organisation2. Organisational Growth cycles and planning3. Environmental Uncertainities4. Time horizons5. Type & Quality of forecasting information6. Nature of Job being filled7. Off-loading the work
Human Resource Planning ProcessIt is a five step process which include:1. Defining Organisational Objectives and policies2. Forecast personnel needs and supplies3. HR programming4. HRP Implementation5. Control & Evaluation
Human Resource Planning Process Cont..1. Defining Organisational Objectives and policiesDefined by top managementEnsuring the availability of the competent and skilled workforce all levelsHRP need to consider certain policies which include: Policy of filling vacancies (through promotions or external hiring) Policy of enriching the employees Policy to downsize the organisation to make it competitive Policy regarding the extent of automation Policy to ensure availability of adaptive and flexible workforce Policy to handle Unions objection to HRP
Human Resource Planning Process Cont..2. HR Demand forecastDefined as the process of estimating the quantity and quality of people requiredto meet future needs of the organisation.Forecasting Techniques1.Managerial Judgement2. Ratio- trend Analysis3. Regression Analysis4. Work study Technique5. Delphi Technique6. Flow Models7. Mathematical Model
Human Resource Planning Process Cont..3. HR Supply forecastDefined as the process of measuring the quantity of people likely to be availablewithin and outside the organisation to meet the demandSupply forecast covers:1. Existing Human Resources2. Internal sources of supply3. External source of supply
Human Resource Planning Process Cont..4. HR programmingDefined as the process of reconciliation or balancing of organisation’s demand andsupply forecast in order that vacancies can be filled by right employees at right time5. HRP ImplementationInclude: Recruitment Selection Placement Training & Development Retraining Retention plan Redundance plan Succession plan
Human Resource Planning Process Cont..6. Control and EvaluationControl include: Budgeting Fixation of targets and standardsEvaluation include clarifying the responsibilities for implementation andcontrol and establish report procedures which will enable achievements to bemonitored against the plan
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