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Human Resource Management, 5E 1
Chapter 4
Human Resource Planning
Human Resource Management, 5E 2
Learning Objectives
• Understand the nature and importance of HRP
• Identify and describe factors affecting HRP
• Describe the stages in HRP process
• List pre-requisites for effective HRP
Human Resource Management, 5E 3
Factors Affecting HRP
• Type and strategy of organization
• Organisational growth cycles and planning
• Environmental uncertainties
• Time horizon
• Type and quality of information
• Nature of jobs filled
• Outsourcing
Human Resource Management, 5E 4
Factors Affecting HRP
Organisational Growth
Cycle and Planning
Type and Strategy of
Organisation
Time Horizons
Type and Quality of
Forecasting Information
Nature of Jobs being
Filled
Outsourcing
Environmental
Uncertainties
HRP
Human Resource Management, 5E 5
HRP Process
Organisational Activities and Policies
HR Supply ForecastHR Needs Forecast
HR Programming
HRP Implementation
Control and Evaluation of Programme
ShortageRecruitment
Selection, etc
SurplusRestricted HiringReduced HoursVRS, Layoff, etc
Environment
Human Resource Management, 5E 6
Uses of a Human Resource Information Systems (HRIS)
Employee and Labour Relations• Union Negotiation Costing• Auditing Records• Attitude Survey Results• Exit Interview Analysis• Employee Work History
HR Planning and Analysis• Organisation Charts• Staffing Projections• Skills Inventories• Turnover Analysis• Absenteeism Analysis• Restructuring Costing• Internal Job Matching• Job Description Tracking
Health, Safety and Security• Safety Training• Accident Records• Material Data Records
Compensation and Benefits• Pay Structures• Wage/Salary Costing• Flexible Benefit Administration• Vacation Usage• Benefits Usage Analysis
HR Development• Employee Training Profiles• Training Needs Assessments• Succession Planning• Career Interests and Experience
Staffing• Recruitment Sources• Applicant Tracking• Job Offer Refusal
Analysis
Equal Employment• Affirmative Action Plan• Applicant Tracking• Workforce Utilisation• Availability Analysis
HRIS
Human Resource Management, 5E 7
Strategic HR Initiatives
Strategy HR Initiative
Strategies for Managing Shortages
Strategies for Managing Surplus
• Recruit new permanent employees
• Offer incentives to postpone retirement
• Re-hire retirees part-time• Attempt to reduce turn-over• Work current staff overtime• Subcontract work to another
company• Hire temporary employees• Redesign job process so that
fewer employees are needed
• Hiring freeze• Do not replace those who leave• Offer VRS schemes• Reduce work hours• Leave of absence• Across the board pay-cuts• Layoffs• Reduce outsourced work• Employee training• Switch to variable pay plan• Expand operators
Human Resource Management, 5E 8
Reality Check
• How is the intellectual capital of your class or organisation? How is it evaluated?
Human Resource Management, 5E 9
Reality Check
• Can you make a comprehensive list of skills a successful individual should possess? Can you break them down on occupation/job-wise?
Human Resource Management, 5E 10
Reality Check
• Can you take inventory of who succeeded whom in the Indian corporate sector? For example, Mukesh and Anil succeeded the late Dhirubhai Ambani, so also Nandan Nilekani stepped into the shoes of Narayana Murthy. Proceed on these lines.