Accounting technicians scheme west africa


A.5.2 Importance of Human Resource Planning



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A.5.2 Importance of Human Resource Planning

(a) Human resource planning guides management in making the right decisions relating to the number and type of employees to recruit. b) It also helps the organisation to adapt to changing trends in the labour market and forecast employees needed to achieve its objectives. c) It helps the organisation to plan training and development programmes more
Estimate Human Resource Needs
i. What quantity of workers do we need ii. What type of skills do we need iii. Do we have the right mix of workforce to achieve our objective
Analyse Existing Human resource
i. What mix of workforce do we have now quantity, age, quality, skills, sex, experience, etc
Develop a Plan
i. How do we meet our human resource needs ii. What sources do we have to use iii. How do we prepare to meet the skills required
Identify organisational objectives (where do we want to be)
i. Where is the organisation going ii. What type of organisational structure is planned iii. What degree of growth and expansion is expected iv. What will be the future financial position of the organisation
Calculate Net Human Resources Needs
i. What is the difference between our estimated human resource needs and existing human resource?


194 systematically. d) It helps to mitigate against high employee turnover e) The organisation will be able to estimate labour cost for budgeting purposes. f) Redundancies can be avoided as the right number of employees will be recruited for the right job and at the right time. g) Management can easily plan for employee benefits and welfare package. h) Management will be able to develop a standard or benchmark of performance for employees so as to monitor, evaluate and control human resource in the organisation.
A.6
Recruitment

Recruitment refers to all activities carried out to attract qualified applicants to fill vacancies in an organisation. Recruitment activities cover a) Analysing job requirements b) Identifying sources of recruitment. c) Advertising the job vacancies d) Managing the response

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