Professional Documents
Culture Documents
Chapter
Human Resource Planning
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Introduction
Human Resource Planning (also called employment or personnel planning)
is essentially the process of getting the right number of qualified people into
the right job at the right time so that an organisation can meet its objectives.
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Features
Forward looking In sync with organisational needs In tune with corporate plan
Proactive
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Objectives
HR planning is required to meet the following objectives: (Reilly; Overman) Forecast personnel requirements Cope with changes Use existing manpower productively
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Importance
Reservoir of talent
Succession planning
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Organizational decisions (strategic plans, sales and production forecasts, new ventures) Workforce factors (retirement, termination, resignation, death) Forecasting techniques i. ii. Judgmental Methods Trend Analysis Mathematical Model Computer model
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Preparing Manpower Inventory (Supply Forecasting) 1. Internal labour supply i. ii. iii. 2.Forecasting Techniques
Staffing table (age, sex, position, experience, qualification) Markov analysis on the basis of past probabilities..predict future) Skills inventory (knowledge, skills, abilities, experience, career
wise and offers a snapshot of who will replace whom if there is a job
opening)
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Formulating HR Plans jobs Recruitment plan Redeployment plan(transferring or retaining existing employees for new
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Monitor and measure performance against the plan and keep top management informed about it.
Provide proper research base for effective manpower and organisational planning.
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4.
5.
Coordination
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