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Eleventh Edition
Human Resource
Planning
chapter
three
Learning Objectives
1. Explain the importance of human resource plans for strategic success.
2. Describe the Human Resource Planning Process.
3. Discuss methods for estimating an organizations demand for human
resources.
4. Explain the various methods of estimating a firms supply of human
resources.
5. Identify solutions to shortages or surpluses of human resources.
6. Discuss the major contents of a human resource information system
(HRIS).
7. Explain how HRIS has contributed to enhancing HR service delivery.
Indexation
Matching employment growth with an index e.g. ratio
of production employees to sales
Replacement Charts
Lists of likely replacements for each job
Replacement Summaries
Lists of likely replacements for each job and their relative
strengths and weaknesses.
Transition Matrices & Markov Analysis
Copyright 2016 McGraw-Hill Education Limited Schwind 11th Edition 3-12
CANADIAN HUMAN RESOURCE MANAGEMENT
Eleventh Edition
Community Attitudes
Affects nature of the labour market
Strategies to Manage an
Oversupply of Human Resources
Attrition
Hiring freeze
Early and phased retirement officers
Incentives for voluntary separation
Strategies to Manage
a Shortage of Employees
Labour shortage
Hire Source Develop Employees Existing Work
Employees Service Internally Arrangements
Providers
Full-time Independent Replacement charts Overtime
Part-time Contractor Succession planning Flexible schedules
Third Party Career Development Flexible time and
Outsource Float & transfer location
Crowdsource Flex policies
Strategies to Manage
a Shortage of Employees
Hire Employees
e.g. Full-time; part-time
Increased effectiveness
Helping stakeholders make better decisions
Increased visibility
Enhanced HR competencies