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Human Resource Planning Discuss how to align a company’s strategic direction with its human resource planning. Determine the labor demand for workers in various job categories. Discuss the advantages and disadvantages of various ways of eliminating a labor surplus and avoiding a labor shortage. Importance of HR Planning The importance of planning The importance of HR planning Importance of HR Planning Definition: Hr planning is to make predictions of future needs of the organization according to the organization goals and develop action plans for meeting the needs in the future. Question: Who will make the HR plan? What’s the roles of line manager and HR manager? And when? B. Objectives: To ensure the attainment of organization goals. Meeting future HR needs—critical to success. To improve the efficiency of human resources. Rational use of people—recruitment and development. To motivate employees. Meeting the needs of self-actualization—training and development. C. Type and features Types of HR Planning: Long-term plan: 5years and above. Mid-term plan: 2 to 4 years. Short-term plan: 1 year. Features of HR planning: Consistency: consistent to organization goals. Continuity: between long-term, mid-term and short-term. Flexibility: adapting according to change. Accuracy: be as close as possible to reality. Stages in Human Resource Planning Forecasting Labor Demand Labor Supply Goal Setting and Strategic Planning Program Implementation and Evaluation Forecasting Stage of Human Resource Planning Determining Labor Demand derived from product/service demanded external in nature Determining Labor Supply internal movements caused by transfers, promotions, turnover, retirements, etc. transitional matrices identify employee movements over time Determining Labor Surplus or Shortage Factors of HR Demand External Environment of Organization Internal Environment of Organization HR itself Factors of HR Supply Regional factors Nation-wide factors Strategies for Reducing a
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