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LO - O2OR303 - LO W2 - Human Resource Plannin

Utel/bachelors

Created on May 30, 2023

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Transcript

Human Resource Planning

Start

Human Resource Planning

This is a process that forecasts the company’s future manpower demand by analyzing the current supply and the gaps if any. Its main goals are to:

  • align the future human resources to future organizational strategies and needs.
  • ensure that an organization is always equipped with the right number and kind of people, at the right place and time.
FACTORS THAT INFLUENCE HUMAN RESOURCE PLANNING

vs

Internal factors

External factors

  • Objectives and policies of an organisation
  • Employee-related policies
  • Job analysis
  • Management decision and strategies
  • Competencies and skills of the HR department
  • Information about budget and human resource inventory
  • Change in employment-related legislations or acts
  • Change in the policies of the government
  • Change in labour market conditions and business trends
  • Change in economic conditions
  • Changes in technology
Human Resource Planning Features

Making an Inventory of Present Manpower Resources

Forecasting Future Manpower Requirements

Anticipating Manpower Problems by Projecting Present Resources

Well Defined Objectives

Planning the Necessary Programmes

Formed by organisational objectives and goals in its strategic planning and operating planning.

Use mathematical projections to project trends in the economic environment.

Proper planning inlcudes selection, training, development, utilization, transfer, promotion, motivation and compensation.

After making the inventory; assessment has to be done to optimally employ resources.

Comparing projections with the forecast of requirements.

Assessing Current Human Resources

Process of Human Resource Planning

Job Analysis

Analyzing the Organizational Plans

Forecasting HR Demand

Supply Forecasting

Matching Demand and Supply of HR

References

What is Human Resource Planning? Process, Importance, Factor (n/d). Geek Tonight https://www.geektonight.com/human-resource-planning/ Human Resource Planning Process (n/d). Geek Tonight https://www.geektonight.com/human-resource-planning-process/