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Human Resource Planning

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Quantitative (Regression Analysis, Time Series Analysis) ... Bumper stickers, Banners, Movie Ads. Advantages of External Recruitment. Acquire new skills ... – PowerPoint PPT presentation

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Title: Human Resource Planning


1
Human Resource Planning
  • . 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 Companys
    objectives

2
(No Transcript)
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
  • Qualitative (Flow Models, Skills/Replacement
    Charting)
  • Quantitative (Matrix Models)

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

5
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

6
Recruitment Strategies
  • Natural Recruitment
  • Applicants initiating recruitment
  • Artificial Recruitment
  • Applicants responding to Company initiatives
  • Realistic Job Preview
  • Accurately describing (or showing) the job
    requirements and conditions to applicants
  • Not omitting the less desirable aspects of a job

7
Key Recruiting Issues
  • Attracting a pool of qualified applicants
  • Recruitment Source
  • Internal
  • External
  • Recruitment Method

8
Factors Affecting Recruitment Strategy and Issues
  • Business Strategy
  • General Economic Conditions
  • Specific Labor Market (Supply) Conditions
  • Job Design - Skill Requirements
  • Competition for (Skills) Labor (Demand)
  • Government Regulation - EEO
  • Job Design - Skill Requirements
  • Time/Cost Constraints
  • Other HR Activities

9
Internal Recruitment Sources
  • Promotions
  • Transfers
  • Re-employment

10
Internal Recruitment Methods
  • Job Postings
  • Data Banks/Skill Inventories/Replacement Charts
  • Supervisor Recommendations

11
Advantages of Internal Recruitment
  • Motivational, morale, and performance enhancement
  • Less expensive recruitment cost
  • More information to make selection decisions
    more accurate, safer
  • Know policies and organization
  • Take advantage of past training

12
Internal Disadvantages
  • Lack of qualified personnel
  • Inbreeding
  • Political favors
  • Ones not selected may be resentful
  • Time consuming Crown Prince
  • Lack of acceptance by former peers/co-workers

13
External Recruitment Sources
  • Educational Institutions
  • College, Technical Schools, High Schools
  • Referrals (Employee, Clients, Customers)
  • Competitors (Pirating)
  • e-Recruiting
  • Job Fairs (Open House)
  • Private Employment Agencies
  • Executive/Professional Recruiters, Temp Agencies

14
External Recruitment Sources
  • Professional Trade Associations
  • Professional Trade Journals
  • Walk-Ins (and Unsolicited Resumes)
  • Public/Non-Profit Employment Agencies
  • Newspaper, Radio, Television
  • Bumper stickers, Banners, Movie Ads

15
Advantages of External Recruitment
  • Acquire new skills
  • Innovative ideas (new blood)
  • Less susceptible to politics
  • Less expensive than training your own (different
    from text)

16
External Recruitment Disadvantages
  • Not Accepted by Present Employees
  • Time Required for Socialization and Orientation

17
The Recruiting Process Stages
  • Recruiting Needs Analysis
  • Recruiting Program Development
  • Implementation of the Recruiting Program
  • Recruiting Program Evaluation

18
Recruiting Program Evaluation
  • Two Approaches
  • Hawks Criteria (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
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