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1) HR planning
- – review human resources requirements to ensure:
- • the necessary number of employees
- • the necessary employee skills
- • to meet organizational goals
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Importance of HR Planning
- plan staffing and development activities
- –achieve economies in hiring
- – anticipate and avoid staff shortages/surpluses
- – establish employment equity goals/timetables
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The HR Planning Process
- 1. Forecast Future HR Needs (Demand)
- 2. Forecast Future Internal/External Candidates (Supply)
- 3. Balance Supply and Demand
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Balancing Supply and Demand: Dealing with a Labour Surplus
- – hiringfreeze
- –attrition
- – buy-out and early retirement programs
- – reducing hours (job sharing, reduced workweek, part time work, work sharing)
- –layoffs
- – termination with outplacement assistance
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Balancing Supply and Demand: Dealing with a Labour Shortage
- – overtime
- – hiring temporary employees
- – subcontractingwork
- – external recruitment
- – transfers
- – promotions
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