1. Chapter 4 Human Resource Planning and Recruitment 1

2. Chapter 4 Human Resource planning and Recruitment 1 What is the future of your business?

3. Chapter 4 Human Resource Planning and Recruitment 1 What managers should do: Setting goals Making predictions

4. Chapter 4 Human Resource planning and Recruitment 1 What a HR Manager should do: HR Planning to compare the present state of the organization with its goals for the future, then identify what changes the organization must make in its human resources to meet those goals.

5. Chapter 4 Human Resource planning and Recruitment 1 The process of HR planning: Forecasting Labor supply Forecasting Labor demand Goal setting and strategic planning Forecasting Program implementation and evaluation

6. Chapter 4 Human Resource planning and Recruitment 1 The process of HR planning: step 1 Forecasting Identify specific job categories Use some methods Statistical method Subjective method

7. Chapter 4 Human Resource planning and Recruitment 1 The process of HR planning: step 1 Forecasting labor demand Identify specific job categories Forecasting whether the need for each kind of hr will increase or decrease. Method: Trend analysis

8. Chapter 4 Human Resource planning and Recruitment 1 The process of HR planning: step 1 Forecasting labor demand Determine the leading indicators leading indicators: objective measures that accurately predict future labor demand. Q: What are the leading indicators in our fast food restaurant?

9. use leading indication to forecast labor demand Big 3 automakers Sale levels Inventory levels Employment levels Profit levels Part Manufacture Forecasting the demand for Labor in the job category of production assembler.

10. Chapter 4 Human Resource planning and Recruitment 1 The process of HR planning: step 1 Forecasting Labor supply Qualification inventory Tools used in labor supply forecast tool 1 A qualifications inventory sample Name:______ position :______ age: ______ Working experience ______ skills ______ Educational background ______ Scores in the assessment center______ Career goals ______ strength______ Training experience ______ Etc. Personnel replacement chart Transitional matrix Matrix showing the proportion (or number) of employees in different job categories at different time. (p120)

11. Chapter 4 Human Resource planning and Recruitment 1 The process of HR planning: step 1 Forecasting Labor supply Job openings can be filled by External labor supply Internal supply Transfer; promotion; etc.

12. Chapter 4 Human Resource planning and Recruitment 1 The process of HR planning: step 1 ForecastingMaking comparison Labor demandLabor supply Labor surplus or labor shortage For each job category

13. Chapter 4 Human Resource planning and Recruitment 1 The process of HR planning: step 2 Goal setting and strategic planning Forecasting Labor supply Forecasting Labor demand

14. Chapter 4 Human Resource planning and Recruitment 1 The process of HR planning: step 2 Goals setting and strategic planning Setting goals Goals should be specific, numerical Choosing strategies to achieve these goals

15. Chapter 4 Human Resource planning and Recruitment 1 The process of HR planning: step 2 Goals setting and strategic planning Strategies to deal with labor shortage: overtime New external hire Outsourcing Technological innovation Temporary workers Turnover reductions Retrained transfers Are there any other strategies? P122.

16. Chapter 4 Human Resource planning and Recruitment 1 The process of HR planning: step 2 Goals setting and strategic planning Strategies to deal with labor surplus Downsizing Pay reduction Demotions Natural attrition transfers Working sharing Hiring freeze Early retirement Retraining Are there any other strategies? P123.