Human Resource Planning
Human resource planning is the foundation of human resource management and it can be defined as the process that the human resource department continues using when hiring new employees. The main objective of HR planning ensures that they have the right number of people in the right place at the right time. HR planning is really helpful for some large companies in meeting their goals in the future with suitable employees. There are five different objectives in Human resource planning. The first objective of Human resource planning is preventing overstaffing and understaffing. Having more employees in an organization may cause inefficiency in procedures because if there are more employees than needed the payroll will also be extreme. If the organization has fewer employees than needed this results in loss of revenue because the organization is not capable of satisfying the current demands. The second objective of Human resource planning is to ensure that they have the right number of people in the right place at the right time. Organizations that are recruiting have keep some work to get ahead the multiple kinds of skills, working habits and personal character of the employee they need to hire. The third objective of Human resource planning is to ensure that the changes in the environment are responsible by the organization. To consider the various changes in the organization like economy may increase, may remain stable, may decrease; regulations of government may continue to be stable Human resource planning might need the help of decision makers to study these various situations that are related to various fields in the environment. The fourth objective of Human resource planning is to provide the route and logic to all the activities in the HR system. Human resource planning plans all the human resource planning systems such as hiring, training and expansion of an employee, to and measures the performance of the employees in the organization. Human