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Submitted By shubham11
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Unit 2.1 – Human Resource Planning

A thousand workers, a thousand plans.

Chinese prover

Key topics

* Supply of human resources and demographic changes

* Domestic and international labour mobility

* Workforce planning

* Recruitment, appraisal, training and dismissal

* Changes in work patterns and practices: homeworking, teleworking and portfolio work

Higher Level extension

* Employment rights and legislation

* Handy's shamrock organization

Note: Higher Level students will need to be able to analyse reasons for changes in work patterns and practices and the consequences for employers and employees.

INTRODUCTION

Labour is one of the four factors of production. Many theorists argue that people are a firm's most valuable resource. Employing the right people will help a business to achieve its aims and objectives. To do this, a firm needs to use human resource planning, sometimes referred to as workforce planning. This is the management process of anticipating an organization's current and future staffing needs. It includes the number of employees required and the type of worker sought, such as graduates or ICT-literate workers. Anticipating the human resource needs of a firm can be carried out by looking at:

* Historical data and trends. Data on trends, such as the rate of change in the size of the workforce over the past few years or the shift to part-time and flexible working hours, can assist management in planning.

* Sales and income levels. Employers will require more workers if the level of customer demand is increasing. Higher levels of income and spending in the economy will lead to more jobs being created.

* Labour turnover rates. This measures the number of employees who leave a firm as a percentage of its workforce, per year. The higher the staff turnover rate, the more workers a

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