ADVANTAGES OF HR PLANNING
Importance of HR PLANNING
• 1) Each Organisation needs personnel with necessary qualifications, skills, knowledge, experience & aptitude .
• 2) Need for Replacement of Personnel - Replacing old, retired or disabled personnel.
• 3) Meet manpower shortages due to labour turnover
• 4) Meet needs of expansion / downsizing programmes
• 5) Cater to Future Personnel Needs
• 6) Nature of present workforce in relation with Changing Environment - helps to cope with changes in competitive forces, markets, technology, products and government regulations. Shift in demand from ERP to internet programming has increased internet programmers .
HOW HR PLANNING COULD BE USED
i) quantify job for producing product / service ii) quantify people & positions required ii) determine future staff-mix iii) assess staffing levels to avoid unnecessary costs iv) reduce delays in procuring staff
v) prevent shortage / excess of staff vi) comply with legal requirements
-------------------------------------------------------------
Human resource planning is the process of anticipating and carrying out the movement of people into, within, and out of the organization. Human resources planning is done to achieve the optimum use of human resources and to have the correct number and types of employees needed to meet organizational goals. Thus, it is a double-edged weapon. If used properly, it leads not only to proper utilization, but also reduces excessive labor turnover and high absenteeism, and improves productivity.
It can also be defined as the task of assessing and anticipating the skill, knowledge and labor time requirements of the organization, and