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About 01a Human Resource Planning
Human Resource Planning (HRP) is the process of forecasting future workforce needs through: 1. Estimating employee requirements based on past trends, sales forecasts, turnover rates, and management views. 2. Determining whether to fill needs internally through promotion or externally through recruitment. 3. Considering factors like unemployment, infrastructure, incentives, and skills availability that affect the external labor pool. Problems with HRP include ensuring new employees integrate and the risk that changes require layoffs of recently hired staff. Precise forecasts are difficult due to dynamic business and organizational needs.
Detailed Information
| Author: | ['Marcus McGowan'] |
|---|---|
| Publication Year: | 2010 |
| Pages: | 2 |
| Language: | English |
| Format: | |
| Price: | FREE |
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