BU354 Lecture 3: Chapter 3 – Human Resource Planning
Document Summary
Relationship between strategic plans and human resource plans. Forecasting techniques for estimating human resource demand: expert techniques. Converting a forecast into hr requirements: staffing table lists the future employment needs for each type of job. Hrm strategies to achieve objectives in supply and demand. Strategies to manage an oversupply of hr: when the internal supply of workers exceeds the firm"s demand, a surplus exists, headcount reduction, layoffs, leave without pay to attend school or to pursue other personal interest. Incentives for voluntary separation: alternative work arrangements, job sharing dividing duties of a single position between 2 or + employees, using part-time employees since they are often paid no benefits. Hr information systems: human resource information system (hris) used to collect, record, store, analyze, and retrieve data concerning an organization"s human resources. Components of an hr system with relational features. Hris an important tool for strategic hrm. Increased effectiveness helping stakeholders make better decisions. Increased contribution to organizational sustainability talent management.
