Module 2 Flashcards
Manpower
―Manpower planning or HR Planning is the process which
includes forecasting, developing and controlling by which a organization ensures
that it has-
* The right number of people,
* The right kind of people,
* At the right places,
* At the right time, doing work for which they are economically most
useful‖.
Stages
Planning of manpower requirements
Planning of manpower supplies
Characteristics
It is Future oriented.
It is a continuous process.
human resource objectives
integrated function.
demand and supply.
optimum utilization of human resources,
Needs
Shortages and surplus of employees
recruitment and selection
reduce the labour cost
identify the available talents
diversification of business.
understand the importance
Objectives
present requirement level
future skills requirement,
necessary resources
anticipate redundancies
identifying surplus or shortage manpower
Pre Requisits
Time
Money
Objectives
Forecasting
Human Resource development
Planning
Level - N I
Time - S M L
Process
- examining of the overall
objectives - Assessing Manpower demand
- Forecasting supply of manpower and analysing the Existing Manpower
- Estimating net manpower requirement
5.Redeployment, Redundance / Retrenchment
6.Recruitment & Selection:
Design training programmes-
Supply forecast is also known as manpower inventory.
Gap analysis is the process through which the difference in the estimated number
of employees and actual number of employees available in the Organization is identified.
Expert Forecasts:
Trend Analysis:
Work Load Analysis:
Work Force Analysis:
Other methods:
Developing employment programmes-
Importance
Key to managerial functions-
Efficient utilization-
Motivation-
Better human relations-
Higher productivity-