HCM - Human Resource Planning|Human Capital Management notes for B.com
visit website https://sugarybloom.blogspot.com/ UNIT 2: HUMAN RESOURCE PLANNING, RECRUITMENT & SELECTION click here for unit 1 hcm notes Human Resource Planning – Meaning, Human resource planning (HRP) is the continuous process of systematic planning by which management determines how an organisation must move from its current manpower position to its desired manpower position. Human resource planning ensures the best fit between employees and jobs while avoiding manpower shortages or surpluses. Importance of Human resource planning 1. HRP helps to assess future employment needs: Human resource planning helps to assess future personnel needs whether it is a labour shortage or labour surplus.Many companies have a surplus of labour due to which they later offer schemes like voluntary retirement scheme to eliminate surplus employees.All these can be avoided through HRP as it helps to ensure employing proper number and type of employees 2.It puts the fou...