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About Chapter 5: Human Resource Planning
Human resource planning involves forecasting the demand and supply of skills within an organization. It aims to attract, retain, and utilize staff effectively. The process involves forecasting internal and external factors that influence demand and supply. Demand depends on organizational objectives and changes, while supply depends on the existing workforce and external labor market factors. Gaps between demand and supply are addressed through recruitment, training, retention strategies, and flexibility. High labor turnover can be reduced by understanding its causes, including job dissatisfaction, and implementing appropriate policies.
Detailed Information
| Author: | ['Khaing Su'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 8 |
| Language: | English |
| Format: | |
| Price: | FREE |
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