1. HUMAN RESOURCE PLAN

• Human Resource Plan


  It involves addressing specific needs within the organization, based on the company's strategic direction
• 6 Parts of HR Plan

  • Determine human resource needs
  • Determine recruiting strategy
  • Select employees
  • Determine compensation
  • Develop training
  • Appraise performance
• Determine Human Resource Needs

  1. Look at company operations over the last year

  2. Determine if enough people were hired

  3. Determine skills of current employees

  4. Determine skills employees need to gain

  5. Identify who is retiring soon

  6. Consider sales forecasts and how this affects hiring
• Recruitment


  A process that provides the organization with a pool of qualified job candidates from which to choose
• Select Employees

  1. Review resumes

  2. Select the right person for the job
• Determine Compensation


  Pay systems must be developed that motivate employees and embody fairness, while staying within budget constraints
• Develop Training

  1. Train new employees on company culture

  2. Train new employees on skills needed for the job

  3. Train new employees on human relations skills
• Performance Appraisal Types

  • Employee appraisal
  • Performance review
  • 360 review
  • Career development review
• Human resource planning is a process that is part of the strategic plan
• The first step in HR planning is determining current and future human resource needs
• In the second step, once we know how many people we will need to hire, we can begin to determine the best methods for recruiting the people we need
• After the recruiting process is finished, the HR manager will begin the selection process
• HR managers also need to work through compensation plans, including salary, bonus, and other benefits
• The HR manager also develops training programs to ensure the people hired have the tools to be able to do their jobs successfully