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Nisha Chandan Kumar Krishna Kumar Kapilesh Kumar Pandey
HRP is a process by which management ensures the right number of people and right kind of people at right place. at right time doing the right things for which they are recruited and placed for the achievement of goals of the organization. .
Objectives of HRP Ensure adequate supply of manpower as and when required Ensure proper use of existing human resource in the organization Forecast future requirements of human resources with different levels of skills Anticipate the impact of technology on job and requirements for human resources Helps in raising productivity .
Need for HRP HRP helps in proper recruitment and selection so that right type of people are available at various positions in the organizations HRP also facilitates designing of training programmes for the employees to develop the required skills in them Required to meet the needs of expansion and diversification in the organization .
Benefits of HRP Lower HR costs through better HR management More timely recruitment for anticipate HR needs Better development of managerial talent Improve the utilization of human resources Co-ordinate different HR programmes Future needs preparation Promotion in systematic manner .
Four Phases of HR Planning Situational Analysis/ Environmental Scanning Forecasting HR demand – Assessment future HR needs HR supply analysis – Assessment of current HR Action Planning or programme of action to fulfill future HR needs .
Forecasting the Demand for HR Demand forecasting is the process of estimating the quantity and quality of people required to meet the future needs of the organization. Forecasting Methods Delphi Technique Managerial Judgment Work study technique Ratio Trend Analysis .
Delphi Technique From a group of experts the personnel needs are estimated. This technique is used in smaller organization or those in companies where sufficient data base is not available. Managerial Judgment Managers discuss and arrive at a figure of inflows and outflows which would cater to future labour demand. . The technique may involve a “bottom-up” or “top-down approach.
This is quickest forecasting technique.Work study technique This technique can be used when it is possible to apply work measurement to calculate the length of operation and amount of labour required. I. . Ratio.e No of workers Vs volume of sales. forecasting future ratios and adjusting for future changes in the organization.Trend Analysis Studying past ratios.