What is Human Resource Planning?


We will know What is Human Resource Planning?

What is Human Resource Planning?

It is the process of acquiring and utilizing people in the company or organization. Similarly, it is a process that identifies current and future human resources need for an organization to achieve its goal. HR planning ensures that the organization has the right number of people at the right place, at the right place, and at the right time.

So, HR Planning helps in the productivity and profitability of the company

The Process of HRP is:

a. Assessing current HR

b. Demand Forecasting

c. Supply forecasting

d. Matching demand and supply of human resources

e. Action plans

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