Functions of HRP of human resources
Answers
Human Resource Planning is a systematic process of forecasting both the prospective demand for and supply of manpower, and employment of skills with the objectives of the organization. It can also be termed as the method of reviewing the manpower necessities to ensure that right kind of skills is made available to the organization.
The main purpose of HRP is to set the goals and objectives of the company. In other words, it is to have the precise number of employees, with their skills matching the requirements of the organization, so that the organization can move towards its goals. Chief objectives of Human Resource Planning are as follows:
Guarantee ample supply of resources, whenever there is a need for it.
Make sure that the current manpower in the company is being used properly.
To foresee the potential requirements of manpower at various skill levels.
Evaluate excess or scarcity of resources that are available at a given point of time.
Predict the impact of technological changes on the resources as well as on the kind of jobs they do.
Manage the resources that are already employed in the organization.
Ensure that there is a lead time available to pick and train any supplementary human resource.
Need for Human Resource Planning
The need of HRP may arise because of the following reasons:
In India, unemployment is a grave concern. Scarcity of manpower and that too with the required skill sets and competence, has given rise for need of Human Resource Planning.
It comes handy for smooth and continuous supply of workers when a huge number of employees is retiring, or leaving the company or maybe they are incapable of working due to psychological or physical ailments.
There is a need for Human Resource Planning when there is an increase in employee turnover, which is obvious. Some examples of this turnover are promotions, marriages, end of contract, etc.
Technological changes lead to a chain of changes in the organization, right from skill sets product methods and administration techniques. These changes lead to an overall change in the number of employees required and with entirely different skill set. It is here that the Human Resource Planning helps the organization deal with the necessary changes.
Human Resource Planning is required to meet the requirements of diversification and growth of a company.
There is a need for Human Resource Planning in downsizing the resources when there is a shortage of manpower. Similarly, in case of excess resources, it helps in redeploying them in other projects of the company.
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The Human Resource Plan is a continuous process of systematic planning to achieve the most valuable resources of the organization - the best use of Human resources.
To avoid manpower accidents or surplus, the objective of HRP is to ensure the best fit among workers and jobs.
Four steps in the HRP process are analyzing current labor supply.