human resource planning

• step 1 - review current staff numbers and each staff member's qualifications, skills and experience
• step 2 - forecast human resource needs - estimates the number of employees and the type of skill that will be needed to fill all future roles at the firm - can be influenced by factors such as future business expansions or changes in consumer demand
• step 3 - estimate labour turnover - HR manger estimates the number of employees who will leave the business
• step 4 - create an HR plan - formulates a plan to ensure that the firm has the correct number of employees with the required skills when needed
• step 5 - review the plan - should be reviewed regularly - if the plan does not meet the needs of the business, changes can be made - such as increasing recruitment
• benefits for human resource planning - training needs, enough staff and labour turnover