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8 Cards in this Set
- Front
- Back
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Hr planning |
review human resources requirements to ensure: the necessary number of employees the necessary employee skills to meet organizational goals |
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the importance of HR planning |
plan staffing and development activities achieve economies in hiring anticipate and avoid staff shortage/surpluses establish employment equity goals/timetable |
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HRP - human resource planning |
is the process of forecasting future human resources requirements to ensure that the organization will have the required number of employees with the necessary skills to meet its strategic objectives |
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Forecasting future human resources |
projected turnover quality and nature of employees decisions to upgrade the quality of products planned technological and administrative changes financial resources available |
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quantitative approaches |
trend analysis study of firms employment levels over the past years ratio analysis involves making forecasts based on casual factors (sales) scatter plots used to determine a relationship between two factors |
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qualitatives approaches |
nominal group technique identify the issue solution generation problem solving delphi technique experts rather than managers |
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GAP analysis |
comparing forecasted demand toforecasted supply to determine if there is a projected labour equilibrium,shortage, or surplusHr planning process |
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environmental scanning |
involves assessing factors that affect the external labour market as well as an organization's ability to find and secure talent from outside the organization |
