In simple words, Human Resource Planning (HRP) is understood as the process of forecasting an organisation’s future human resource demand for, and supply to meet the objectives such as the right type of people in the right number. After this process only the HRM department can initiate recruitment and selection process. HRP is a sub-system in total organizational planning. Organisational planning includes managerial activities that set the company’s objectives for the future and determines appropriate means for achieving those objectives. HRP facilitates the realization of the company’s objectives for the future and determines appropriate means for achieving those objectives. HRP also facilitates the realization of the company’s objectives by providing the right type and the right number of personnel. HRP is variously called manpower planning, personnel planning, or employment planning.
HRP is the process by which an organisation ensures that it has the right number and kind of people, at the right place, at the right time, capable of effectively and efficiently completing tasks that will help the organisation achieve its overall objective. HRP, then translates the organisation’s objectives and plans into the number of workers needed to meet those objectives. Without a clear-cut planning, estimation of human resource need is reduced to mere guesswork.
The module includes:
- What is Human Resource Planning (HRP)?
- Importance of Human Resource Planning (HRP)
- Need and Objectives of Human Resource Planning (HRP)
- Role of HR Professional
- Types of Plans
- Forecasting Techniques
- Future Organisational Capabilities and Needs
- Difficulties in HRP
Practice Questions
Q1. Which of the following is not a step in the HRP process?
A. Analyzing the organization’s current workforce
B. Forecasting future staffing needs
C. Developing strategies to reduce employee turnover
D. Implementing the strategies
Correct Answer: C
Q2. What is the purpose of HRP?
A. To increase employee turnover
B. To ensure that the organization has the right people, with the right skills, in the right positions, at the right time.
C. To reduce employee morale
D. To reduce employee engagement
Answer: B
Q3. What are the benefits of HRP?
A. Improved employee retention
B. Increased productivity
C. Reduced costs associated with hiring and training
D. All of the above
Correct Answer: D
Q4. Which of the following is a method of meeting future staffing needs identified through HRP?
A. Hiring employees without conducting interviews
B. Firing existing employees
C. Promoting employees from within the organization
D. None of the above
Correct Answer: C
Q5. Which of the following is an external factor that can affect HRP?
A. Employee performance
B. Company culture
C. Economic conditions
D. Employee engagement
Correct Answer: C