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business component one
business HR
workforce planning
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Created by
Isabella Yasmin
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Cards (24)
What is the primary goal of workforce planning?
To predict future demand for staff
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What does workforce planning ensure regarding workers?
Right number, skills, jobs, time, place
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What does a comparison between present and desired future workforce reveal?
Shortages, surpluses, and skills gaps
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How can a skills audit help in workforce planning?
Identifies existing skills and experience
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What should be done if skills gaps are identified?
Focus on a detailed workforce plan
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What does a workforce plan develop and implement?
Strategies to build relevant skills
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What can cause long-term staffing problems?
Internal
and
external
factors
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What are some internal staffing issues?
Staff
loss
,
retirement
, training, promotion
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What are some external factors affecting workforce planning?
Population structure
,
government policy
,
competitors
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What does workforce planning sometimes involve besides recruitment?
Shed workers through
redundancy
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What are the types of redundancy?
Voluntary
and
compulsory
redundancy
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What is a criticism of mass redundancy schemes?
Skilled workers
often choose to leave
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What can early retirement schemes lead to?
Loss of
experienced managers' skills
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What are the main factors influencing workforce planning?
Business objectives
Labour market
changes
Demographic
and social change
Technological change
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How do business objectives influence workforce planning?
They determine the number of
employees
needed
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What is a current trend in the labour market affecting workforce planning?
Shortage
of
engineers
due to fewer
students
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How does demographic change affect workforce supply?
Ageing population
affects demand and supply
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What impact does technological change have on workforce planning?
Reduces demand for certain types of labor
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What are the benefits of effective workforce planning?
Tackles staff shortages
Controls staffing costs
Ensures quality products and services
Anticipates changes in employment expenditure
Provides appropriate training and development
Manages supply and demand fluctuations
Improves customer service
Reduces employee turnover
Implements diversity policies
Manages staff performance and sickness absence
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What is a skills audit?
Assessment of current workforce skills
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Why might workforce planning be considered only necessary for big businesses?
It is often perceived as complex and resource-intensive
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Why is improved workforce planning needed in the Welsh NHS?
To address
staffing challenges
and improve services
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What are the consequences of Barclays cutting its workforce?
Potential loss of skilled employees and morale
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What are the implications of undertaking a radical workforce plan?
Can lead to significant organizational changes
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