Copyright 2005 Talent Connections. All Rights Reserved. HUMAN RESOURCE PLANNING
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. JUDGEMENTAL METHODS: 1.Bottom-up approach-happens when the individual units make a forecast of their manpower requirements. An aggregation of their forecasts in the total demand for the organization. 2.Top-down approach- involves the top management in making a forecast for the entire organization.
Copyright 2005 Talent Connections. All Rights Reserved. 3. Delphi Technique- it utilizes a questionnaire to gather the right data for hiring employees.
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. Skills Inventory- list of the names, certain characteristics, and skills of the people working for the organization. Management Inventory- is a specialized, expanded form of skills inventory for an organization’s current management team. It contains brief assessment of the manager’s past performance, his strengths and weaknesses, and his potential for promotion to a higher position.
Copyright 2005 Talent Connections. All Rights Reserved. Anticipating Changes in Personnel- Employees may be promoted, transferred, demoted, retire or may resign
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!