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Human Resource Planning

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Determining Labor Surplus or Shortage ... Time (Effort/Energy) Job Expectations. Contextual Expectations. Personal. Career. Development ... – PowerPoint PPT presentation

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Title: Human Resource Planning


1
Human Resource Planning Recruiting Chapter 5
  • Strategic Planning Preparing the organizations
    present state for the future goals.
  • HRP . Organizational activities involving the
    (1) identification of the type and number of
    critical knowledge/skills (Jobs) needed during a
    defined time period and (2) the timely staffing
    of the necessary people to achieve the
    Organizations objectives.
  • ?Should provide the organization with a
    Competitive Advantage.

2
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3
Human Resource Planning Forecasting
  • . Using past and present information to identify
  • (predict) the expected future conditions of
  • Labor Demand (Expected Staffing Needs)
  • Methods
  • Qualitative (Delphi, Staffing Tables)
  • Quantitative (Regression Analysis, Time Series
    Analysis)
  • Labor Supply (Expected Staffing Availability)
  • Methods
  • Quantitative (Matrix Models Transitional or
    Markovian)
  • Qualitative (Flow Models, Skills/Replacement
    Charting)

4
Human Resource Planning Forecasting(Continued)
  • Problems with Forecasting
  • Subjective
  • Judgmental Even Objective (Quantitative) Methods
    are to some degree subjective the depend on
    human assessment
  • Judgmental
  • Complexity
  • Limited to how accurately the Past (or future
  • predictions) REFLECT the True Future

5
Determining Labor Surplus or Shortage
  • GAP Analysis determining whether you have a
    Surplus or Shortage
  • Labor Supply
  • Surplus Labor Market (Loose)
  • Shortage in the Labor Market (Tight)
  • Labor Surplus (Reduction Options)
  • Downsizing, Pay Reductions (Fast/High Suffering)
  • Work sharing (Fast, Moderate Suffering)
  • Hiring Freeze, Early Retirement (Slow, Low
    Suffering)
  • Labor Shortage (Avoiding Options)
  • Overtime, Temps, Outsourcing (Fast, Easy to
    Change)
  • Turnover Reductions (Slow, Moderate Ability to
    Change)
  • New Hires, Technological Innovation (Slow, Low
    Ability to Change)

6
Recruiting A Two Way Street
  • The Organization and the Candidate have a lot at
    stake in the Selection Decision
  • Costs (Financial, Opportunity)
  • Time (Effort/Energy)
  • Job Expectations
  • Contextual Expectations
  • Personal
  • Career
  • Development
  • Performance

7
Recruitment Strategies
  • Natural (Direct) Recruitment
  • Applicants initiating recruitment
  • Artificial Recruitment
  • Applicants responding to Company initiatives
  • Realistic Job Preview (RJP)
  • Accurately describing (or showing) the job
    requirements and conditions to applicants
  • Not omitting the less desirable aspects of a job

8
Key Recruiting Issues
  • Attracting a pool of qualified applicants
  • Recruitment Source
  • Internal
  • External
  • Recruitment Method

9
Factors Affecting Recruitment Strategy Issues
  • Organizations Business Strategy
  • General Economic Conditions
  • Specific Labor Market (Supply) Conditions
  • Competition for (Critical Skills) Labor (Demand)
  • Government Regulations Employment Law
  • Organizational Culture
  • Career Development Opportunity
  • Compensation (Pay and Benefits)
  • Job Design KSA Requirements
  • Time/Cost Constraints

10
Internal Recruitment Sources
  • Promotions
  • Transfers
  • Re-employment
  • Job Reassignment (may be a demotion)

11
Internal Recruitment Methods
  • Job Postings
  • Employee Data Banks/Skill Inventories/
    Replacement Charts
  • Supervisory Recommendations

12
Advantages of Internal Recruitment
  • Motivational, morale, and performance enhancement
  • Less expensive recruiting costs
  • More information to make selection decisions
    more accurate, safer
  • Candidates know the Organizations culture,
    policies and practices
  • Take advantage of previous Company training

13
Internal Recruiting Disadvantages
  • Lack of qualified personnel
  • Inbreeding
  • Political favors
  • Crown Prince The Anointed One
  • Ones not selected may be resentful
  • Time consuming Lack of acceptance by former peers
    co-workers

14
External Recruitment Sources
  • Educational Institutions
  • College, Technical Schools, High Schools
  • Natural (Direct) Recruiting
  • Referrals (Employee, Clients, Customers)
  • Competitors (Pirating)
  • e-Recruiting (Most Effective)
  • Job Fairs or Open House (Effective for
    Specialized Professional, Nursing, Pharmacist,
    etc)
  • Private Employment Agencies
  • Executive/Professional Recruiters, Temp Agencies

15
External Recruitment Sources (Continued)
  • Professional Trade Associations
  • Professional Trade Journals
  • Walk-Ins/Unsolicited Resumes (Least Effective)
  • Public/Non-Profit Employment Agencies
  • Newspaper, Radio, Television
  • Bumper stickers, Banners, Movie Ads

16
Advantages of External Recruitment
  • Acquire new skills
  • Innovative ideas (new blood)
  • Less susceptible to politics (Initially)
  • Less expensive than training your own (depends on
    timeframe and needs)

17
External Recruitment Disadvantages
  • Candidate may Not be Accepted by Present
    Employees (especially those not promoted)
  • Time Required for Socialization and Orientation
    to the Organization
  • Generally more expensive recruiting process

18
The Recruiting Process Stages
  • Results of the HRP and Recruiting Needs Analysis
  • Recruiting Program Development (Plan)
  • Implementation of the Recruiting Program (Do It)
  • Recruiting Program Evaluation

19
Recruiting Program Evaluation
  • Two Approaches
  • Hawks Criteria or Yield Ratio (Quantitative )
  • Cost Benefit Framework
  • Cost Per Recruiting Source, Selection Ratios
  • Cost Per Candidate
  • Cost Per New Employee Acceptance
  • Wanous (Qualitative) Framework
  • Evaluates the Fit between selected recruits
    expectations
  • (satisfaction) and organizational needs
    (Retention Assessment)
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