Human resource planning Flashcards
What is human resource planning ?
The process of finding the right people with the right skills and experience at the right time
What does human resource planning involve ?
Setting HR objectives, forecasting labor demand, assessing the current workforce, identifying short-fall and oversupply of workers, reviewing external and internal supply of labor, developing strategies to fill gaps in the workforce
What is necessary to consider when HR find new employees ?
Skill level and if this matches the demand of position, is candidate experience essential or desirable, aptitude which determines one natural ability to do something, education levels in terms of having a degree or a-level
Name the different types of workers
Core , peripheral, temporary, agency, zero-hour contract, sub-contractors
Explain Core workers
Refer to those employees that typically work full time ( 30/40 hours).
They are highly skilled and essential to the company’s success due to being permanent members
However, there is loss of staffing flexibility and need for business to pay a salary regardless of company performance
Explain Peripheral workers
Refers to employees that work on a part-time basis.
These workers are flexible and contracted by the organisation. However, they are not permanent members so may not be as skilled or trained
Explain Temporary/Agency workers
Refers to workers that cover gaps full-time workers cannot
They are effectively used during busy time periods which is cost-effective for the business. However, they are expensive to train, not experts and agency fees are costly
Explain Zero-hour contract workers
Refers to workers that are not guaranteed to work a set amount of hours each week
This provides employees and the business with flexibility, cost-efficient. However, employees may feel pressured to accept offered hours, does not provide workers with financial stability, lower staff retention rate
Explain Sub-contract workers
An employee that undertakes work for a company as part of a larger project e.g. an external plumber carrying out work for a building company.
Offers flexibility as and when the business needs, short-term specialist expertise. However, these workers typically charge higher prices and act as temporary cover which may mean they are harder to find
