Professional Documents
Culture Documents
(HRP)
UNIT 10 SHRM
Ms Shabnam
LEARNING OBJECTIVES
Define Human Resource Planning (HRP)
Understand the nature and importance of HRP
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Reconciliation
Control
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AUDIT
Audit is the process of reconciling inventory with
forecast through a systematic analysis of demand and
supply forecasting and identifying areas where
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AUDIT
The audit phase also involves
Identifying reasons for resignations, the cost of such
resignations such resignations such as recruitment
and training costs of new hires, cost of lost
experience, skills and knowledge of the departing
employee and devise retention plans to retain key
talent
Review the effectiveness of the recruitment activities,
training and development initiatives, career planning
exercises,
succession
planning
and
other
interventions
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RECONCILIATION
Action plans to bridge the gap between forecast and supply
The various alternatives include:
Strategy to recruit new employees
Adopting retrenchment or downsizing strategy to shed
excess workforce
Training and development plans to right-size the
workforce
Career planning and succession planning to identify key
personnel
Changes in work regulation such as timings, overtime
policy etc
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CONTROL
Monitoring and controlling the implementation of
the HR plan
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