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2.1 Human Resource Planning - Notes

Introduction

Labour is one of the four factors of production described in topic one on the nature of business. There are two key aspects to human resource planning:

  • Having the right number of people in the right place at the right time (supply of labour)
  • Ensuring that the quality of those people is suited to their roles and responsibilities

By the end of this section you should be able to:

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  • Identify the constraints and opportunities provided by demographic change
  • Discuss the significance of changes in labour mobility
  • Compare present human resources with future requirements and evaluate strategies for developing future human resources
  • Describe methods of recruitment, appraisal, training and dismissal
  • Discuss advantages and disadvantages of different methods of recruitment, appraisal and training

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  • Describe reasons for changes in the work patterns and practices and consequences for employers and employees
  • Analyse the impact on the firm of legal employment rights
  • Examine how recruitment, appraisal, training, dismissal and redundancies enable the firm to achieve workforce planning targets
  • Analyse reasons for changes in the work patterns and practices and consequences for employers and employees