UNIT 2 - Human Resource Planning
UNIT 2 - Human Resource Planning
UNIT 2 - Human Resource Planning
>>>>>>>>
INTRODUCTION
Human Resource Planning is a process by which the management of an organization determines its future human resource requirement and how the existing human resource can be effectively utilized to fulfill the requirements.
>>>>>>>>
Human resource planning is a decision making process that combines three important activities 1. Identifying and acquiring the right number of people with the proper skills 2. Motivating them to achieve high performance
3. Creating interactive links between business objectives and resource planning activities.
>>>>>>>>
Right person ---At Right place ---At Right time.
HRP is the process by which an organization ensures that it has the right number & kind of people at the right place and at the right time , capable of effectively and efficiently completing those tasks that help the organization achieve its overall objectives.
1. 2.
3. 4. 5. 6. 7. 8. 9.
Forecast HR requirement. Cope-up with the change in market conditions, technologies, products, government regulations and policies, etc. Use existing HR productivity. Promote employees in a systematic manner. Create reservoir of talent. Prepares people for future. Expand or contract. Cut cost Succession planning
HUMAN RESOURCE PLANNING
>>>>>>>>
WHY IS HUMAN RESOURCE PLANNING IMPORTANT?
Organizational Objectives & Policies (expansion, downsizing, acquisition, merger ) Determine future staff-mix Prevent shortage / excess of staff Comply with legal requirements staff Nature of present workforce in relation with Changing Environment Redeployment of staff to other units Create a talent pool Prepare people for future Cope with organizational changes Cut costs Help succession planning
HUMAN RESOURCE PLANNING
1) Administrative role
Managing the organizational resources Employees welfare activities.
2) Strategic role
Formulating HR strategies Managing relationships with managers.
3) Specialized role
Collecting and analyzing data Designing and applying forecasting systems Managaing career development.
HUMAN RESOURCE PLANNING
>>>>>>>>
HUMAN RESOURCE PLANNING PROCESS
ENVIRONMENT
>>>>>>>>
HR DEMAND FORCASTING
HR SUPPLY FORCASTING
HR SURPLUS Restricted Hiring Reduced Hours and VRS, Lay Off, etc.
Source: Human Resource and Personnel Management by K. Aswathappa
>>>>>>>>
External challenges
Internal challenges
Organizational decisions Expansion Diversification Workforce factors Retirement Resignation Termination
HUMAN RESOURCE PLANNING
1) Managerial Judgment
2) Ratio Trend Analysis
5) Flow Models
process of estimating future quantity and quality of manpower required for an organization .
Recruitment and selection Compensation schemes Hiring part time employees Retired employees Recalling existing employees Poaching etc
process of estimating future quantity and quality of manpower available internally & externally to an organization.
External/ Internal recruitment &selection Advertisements Manpower Consultants Campus Recruitment Employee Referrals
Balancing Demand and Supply Vacancies filled in by the right employee at the right time
RESULTS = HR DEFICIT HR SURPLUS
HR DEFICIT
Recruitment and selection
HR SURPLUS
Job sharing Hiring freeze Attrition Retrenchment Outplacement Layoffs Voluntary retirement Downsizing Plan Redeployment
HUMAN RESOURCE PLANNING
compensation schemes
Hiring part time employees Recalling existing employees Poaching Placement
Retention Plan
Comparison between standard human resource planning and actual implemented program To check and evaluate whether organization was able to achieve its objective or not? To take corrective and necessary steps, if organization is deviated from its objective.
HRIS is a database system that keeps important information about employees in a central and accessible location.
The information provided by HRIS can help the organization to gain competitive advantage. (SWOT of org.)
HUMAN RESOURCE PLANNING
Basic non confidential information-: Employee name, Org name, Work location General non confidential information -:
Social security number, Position related information (codes, tittles, effective date)
HUMAN RESOURCE PLANNING
General information with salary -: Current salary, Effective date, Amount of last change, Reason for last change. Confidential information with salary -: Information of previous category, Educational data
Information of previous category, Bonus information, Projected salary increase information, Performance evaluation information.
>>>>>>>>