Workforce planning Flashcards
What is workforce planning
The process of assessing current and future staffing needs, allows management to be proactive and plan for any changes in the future size or nature of the workforce
What are the strategies involved in workforce planning
Training, redevelopment, internal promotion, external recruitment, natural wastage, relocation and restructuring
Describe step one of workforce planning (analysing the current situation)
Internal staff audit involves a skills audit, personal performance indicators and nature of workforce, labour market trends involves number and skills of entrants, changing demographics and EU directives and UK legislation
Describe stage two of workforce planning (predicting likely future changes)
Impact of internal audits and trends, reviewing objectives and analysing future requirements
Describe step three of workforce planning (future steps)
What is needed has been identified, this is about sourcing and fulfilling those needs
What does having all workforce needs fulfilled allow a business to do
Meet demand, good customer service, meet production targets, run functions efficiently, fairly allocate workload and motivate employees