Workforce Planning The method by which a business forecasts how many and what type of employees it needs now and in the future, and matches the right type.

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Presentation transcript:

Workforce Planning The method by which a business forecasts how many and what type of employees it needs now and in the future, and matches the right type of employees to the needs of the business

Planning cycle Assess the current workforce Assess the workforce needed in future Identify gaps or areas of oversupply Develop strategies to fill gaps/reduce supply Right people, right place, right time Back to the beginning!

Key issues Outsourcing Training programmes Mechanisation/automation Terms & conditions of employment Rescheduling work Increasing overtime

What are the internal influences ... .... on workforce plans?

Internal influences Corporate objectives Marketing & production plans/objectives Financial position of organisation Internal labour supply Motivational issues

What are the external influences ... .... on workforce plans?

External influences Market conditions Labour market & demographic trends State of economy Government policy Legislation Local factors

Issues implementing plans

Issues implementing plans Employer/employee relations Corporate image Cost Training Pace of change in market

What options are there if ... an organisation wants to reduce its workforce? an organisation needs to increase capacity? What if there’s a shortage of labour? Useful resource