Professional Documents
Culture Documents
Human Resource Planning
Human Resource Planning
International Strategies
Identify future
human resource
requirements
Compare with
current HR inventory
Situational
Analysis
Recruitment,
Promotion,
Forecasting
Compensation
and Training
Anticipating
Manpower
problems
Factors Affecting HRP
HRP Process
Monitoring of Understand Process of
external forces Organization estimating the
Environmental Scanning
HR Demand Forecast
Identify HR
concerns people required
Regulate
Promotion
Internal Monitor
Training
External Reveal
Downsizing deficiencies
Due allowances
for transfers, VRS Corrective
absenteeism, Retrenchment measures
promotions,
Redeployment
change in work
hours
Forecasting Techniques
Judgmental Mathematical
HR Manager
Departmenta
l Heads
Line Manager
Ratio- Trend Analysis
Advantages Disadvantages
Face to Face
interaction not Time consuming
needed
Speedy decisions
Physical not reached
locations no
challenge Alternatives
arising out of
interactions lost
Flow Model
Markov Model
Uses historical data from personnel
movement from internal labour supply to
decide what will happen in future
Determine time period that will be
covered
Employee category called as states
Enumeration of annual flow among
various categories
Estimating probability of flow from one
category to another based on past trends
Balancing Demand and Supply
Dealing with surplus
Retrenchment
Outplacement
Lay-offs
Leave of Absence without pay
Loaning
Work Sharing
Reduced work hours
VRS/CRS
Attrition