Any organization needs a well established and functional Human resource department for stimulating its growth. The HR department focuses on the business practices, goals of the company, the requirements to achieve the goals and other applications that will help the organization to achieve the set targets.
In doing so, it is constantly on the lookout for efficient tools that aid in HR planning. Moreover, these tools and techniques have to be constantly upgraded or changed with respect to the changing market scenario.
Here Are A Set Of Modern Age Tools That Will Help In HR Planning
Accessing Overhead Costs
Sudden layoffs in a company to curb the overhead cost can have a detrimental effect on the employees work efficiency. It is advisable that the HR planning department determines a set of appraisal tools that will indicate in advance excessive overhead costs. This will allow the organization to recruit employees that match the company’s requirements.
Secondly, HR department should also equip itself with a strategy that will enable it to shift employees from less profitable areas to more profitable areas. Such a tool will make the company ‘agile’ enough to accommodate market changes, cutting on the overhead costs.
If the HR department has to be proactive, it should have a tool that will help it to anticipate problems in advance. This will provide the company with sufficient time to develop policies and devices to either help in evading the imminent problem or at least reduce the impact of the problem on the organization’s profitability.
Back Fill Tool
In this present market scenario, there are varied opportunities for skilled labors. Human resource planning for an organization should have a back fill plan ready. This will help in identifying an individual with potential caliber, to take over a position in case of the sudden resignation of an employee. A manager of a department can be directed to train at least one skilled employee under him so that he is ready to fill an emergency post.
The tool that will help to identify the reasons why employees prefer to stay or leave the company will enable a plan that can increase the employee retention rate in a company. For this, ascertain the key performers of a department. Remember that these are the people who will be at higher risk to the organization if they leave for a better opportunity.
Lack of challenges can be one of the main reasons of low retention rates. Individuals can be given responsibility of some challenging tasks to ensure that the person is grows and feels satisfied with the work challenges.
Preparing an Inventory of skilled labors in the Organization will be an efficient tool that aids in HR planning. Such a record will help in quickly diverting labor resources to fill sudden vacancies. A computerized inventory will allow the HR department to remain aware of the kind of skills and competencies an employee has and as such use it for the benefit of the organization.
Basically tools for HR planning require programs and strategies that will focus on identifying the management disorders that are causing hindrance to the growth and profit of a company.