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Human resource Planning is the process by which an organization ensures that it has a right number and right kind of people at the right places, at the right time.
The aim of HRM is to bring the Acquired Manpower position to Required Manpower Position
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Shortage Forecasted
Creative Recruiting Compensation Incentives Training Programs Different Selection Standards
Surplus Forecasted
Restricted Hiring Reduced Hours Early Retirement
Identify future Human Resource requirement Identify future Human Resource requirement Compare with current HR inventory
Redeploy
Retrench
Conclusion
Effective HR Produces the pressure on the management and employee as both employment and retrenchment would be planned and phased out over a comfortable time span, avoiding unpleasant consequences
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Thank You
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