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Stages in Human Resource Planning

Stages in Human Resource Planning

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Published by 200edu

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Categories:Types, School Work
Published by: 200edu on Sep 18, 2010
Copyright:Attribution Non-commercial

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07/05/2014

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Stages in Human Resource Planning
 
Stages in Human Resource Planning
Forecasting
Labor Demand
Labor Supply
Goal Setting and StrategicPlanning
Program Implementation andEvaluation
 
Forecasting Stage of HumanResource Planning
 
Forecasting Stage of HumanResource Planning
Determining Labor Demand
derived from product/service demanded
external 
in nature
Determining Labor Supply
i
nternal 
movements caused by transfers, promotions,turnover, retirements, etc.
transitional matrices identify employee movements over time
useful for AA / EEO purposes
Determining Labor Surplus or Shortage
 
Strategies for Reducing an ExpectedLabor Surplus
 
Strategies for Reducing an ExpectedLabor Surplus
OptionSpeedExtent of Human Suffering
 
FastFastFastFastFastSlowSlowSlowSlowHighHighHighModerateModerateLowLowLowLow1. Downsizing2. Pay reductions3. Demotions4. Transfers5. Work sharing6. Hiring freeze7. Natural attrition8. Early retirement9. Retraining

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