HUMAN RESOURCE PLANNING

Human Resource Planning(also called Employment or Personnel Planning) is essentially the process of getting the right number of qualified people into the right job at the right time so that an organisation can meet its objectives.

It tries to assess human resource requirements in advance keeping the production schedules, market fluctuations, demand forecasts , etc. In the background.

WHAT IS HUMAN RESOURCE PLANNING?

It is an integral part of the overall corporate plan and reflects the broad thinking of the management about manpower needs within the organisation.

Human resources plans are prepared for varying time periods, i.e., short term plans covering a time period of 2 years and long term plans encompassing a period of 5 or more years.

1. Forecast personnel requirements.

2. Cope with changes.

3. Use existing manpower productively.

4. Promote employees in a systematic manner.

OBJECTIVES OF HRP

Reservoir of talent: People with requisite skills are readily available to carry out the assigned tasks.

Prepare people for future: People can be trained, motivated and developed in advance and this helps in meeting future needs for high-quality employees quite easily.

Expand or contract: If the organisation wants to expand its scale of operations, it can go ahead easily as advance planning ensures a continuous supply of people with requisite skills.

IMPORTANCE OF HRP

Cut costs: Planning facilitates the preparation of HR budget for each department or division. The physical facilities such as canteen, quarters, school, medical help, etc. Can also be planned in advance.

Succession planning: Human Resource Planning prepares people for future challenges. The ‘stars’ can be picked up and kept ready for further promotions whenever they arise.

1. Forecasting the Demand for Human Resources.

2. Preparing Manpower Inventory ( Supply Forecasting)

3. Determining Manpower Gaps.

4. Formulating HR Plans.

STAGES OF HUMAN RESOURCE PLANNING

The HRP is made effective by following certain guidelines such as:

1. Objectives: Important aspects such as people working in the organisation, working conditions, human relationships, etc . Should be kept in mind.

2. Top management support: The HR plan should get the consistent support of the top management.

3. Employee skills inventory: The organisation must have an up-to-date record of tha employees which may include his previous jobs, tenure on current job, educational and training qualifications,etc.

How Human Resource Planning is Effective?

Human resource information system: To manage employee skills inventory, organisation should maintain computerised human resource information system containing data on – career progression, appraisal, skills, interests,etc.

Coordination: A separate HR planning division must be created, especially in large organisations to coordinate HR planning exercises at various levels.