Human Resource Planning and Development By EIILM
Download Human Resource Planning and Development By EIILM Pdf book free online – from Human Resource Planning and Development By EIILM Pdf book; On completing this note, you will have an increased understanding or appreciation of the Human Resource Planning and Development, functions, its role, concepts, principles and challenges. Topics covered includes: Macro Level manpower Planning and Labour market Analysis, Organisational Human Resource Planning, Stock Taking, Work Force Flow mapping
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 initiating action to fulfill or ‘source” those requirements.
An organization may incur several intangible costs as a result of inadequate HRP or, for that matter, the lack of HRP. For
example, inadequate HRP can cause vacancies to remain unfilled. The resulting loss in efficiency can be costly, particularly when the lead-time is required to train replacements. Situations also may occur in which employees are laid off in one department while applicants are hired for similar jobs in another department. This may cause over hiring and result in the need to lay off those employees to make effective plans for career or personal development. As a result, some of the more competent and ambitious ones may seek other employment where they feel they will have better career opportunities.