Copyright 2005 Talent Connections. All Rights Reserved. HUMAN RESOURCE PLANNING CHAPTER 3.

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Copyright 2005 Talent Connections. All Rights Reserved. HUMAN RESOURCE PLANNING CHAPTER 3

Copyright 2005 Talent Connections. All Rights Reserved. Human Resource Planning Activity undertaken to make sure that the right quantity and quality of manpower are available at exact time and place they are needed.

Copyright 2005 Talent Connections. All Rights Reserved. Reasons for HRP 1.More efficient and equitable use of human resources. 2.More efficient employee development and feeling of greater sense of fairness

Copyright 2005 Talent Connections. All Rights Reserved. HRP MODEL I.Gather Information II.Forecast demand for human resource III.Forecast supply of human resource IV.Plan and conduct needed programs V.Obtain feedback on the planning process

Copyright 2005 Talent Connections. All Rights Reserved. EXTERNAL FACTORS AFFECTING HRP 1.Government Factors 2.Job mobility factors 3.Population shift 4.Economic cycles and conditions 5.Geographical concerns 6.Educational level of workers 7.Technological changes 8.Changes in social values 9.Political changes 10.International events

Copyright 2005 Talent Connections. All Rights Reserved. STRATEGIC HRP Strategic human resource planning is the process of linking human resource planning efforts to the company’s strategic direction.

Copyright 2005 Talent Connections. All Rights Reserved. Method of forecasting Demand for Human for resource 1.Judgmental method :Bottom-up or unit forecasting :Top-down :Delphi 2.Mathematical method : simple mathematical method :Trend analysis :Use of sales, production :Learning curves :Complex mathematical method

Copyright 2005 Talent Connections. All Rights Reserved. Forecasting Supply of HR Sources: 1.External source 2.Internal source Determining internal manpower supply 1.skills inventory 2.Management inventory 3.Anticipating changes in personnel

Copyright 2005 Talent Connections. All Rights Reserved. Planning Human Resource Program 1.Planning shortage 1)Recruit from external source 2)Postpone retirement 3)Rehire 4)Subcontract 5)Reduce employee turnover 6)Hiring temporary workers HR Planner is confronted with: shortage or surplus 2. Planning surplus 1)Adapt attrition policy 2)Offer early retirement 3)Transfer to other units 4)Train during slack period 5)lay off

Copyright 2005 Talent Connections. All Rights Reserved. QUESTIONS?

Copyright 2005 Talent Connections. All Rights Reserved. THANK YOU!