Read Online How Reward Strategy Influences Employees Performance MOBI
HR planning can help management in making decision in the following areas: recruitment. , avoidance of redundancies ( increasing labor turnover, training, management and development, estimates of labor cost, productivity bargaining, raising effectiveness or efficiency , accommodation requirements. In order to achieve company’s maximum benefits purpose, HR planning needs continuous readjustment ( annual review) , because the goals of an organization are subject to change and its internal and external environment is uncertain. It is also complex because it involves to many independent variables, e.g. increasing skillful immigration job seeker number to compete in the country’s local labor market or decreasing skillful labor, e.g. computer programmers, doctors, accountant, lawyers etc. occupation professionals sudden emigrate to other countries to seek jobs, consumer demand increases or decreases to the product. Hence , it must include feedback because if the plan can not be achieved, the objectives of the company will have to be modified so that they are feasible in human resource terms.The human resource plan process to one company is a cycle process. The first step may include that it needs to follow issues from corporate plan’s strategies and objectives. The main points to be considered such as capital equipment plans, reorganization, e.g. centralization or decentralization, how to change in product or in output, marketing plans and financial limitations.After it gathers the company’s corporatestrategic plan data. Then, it will implement its second step. This step may include three aspects:‧How to achieve the reasonable present utilization of human resources in particular: numbers of employees in various categories, estimation of labor turnover for each grade of employee and the analysis of labor effects of high or low turnover rates on the organization’s performance, amount of overtime worked, amount of short time, appraisal of performance and the potential of present employees and general level of payment compared with that in other comparable firms. All these HR related data is essential to be recorded in accurate attitude.
