HMB - Management of People

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Workforce planning

Back

Workforce planning involves deciding how many and what types of workers are required. It is about having a planned approach to staffing needs.

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One element of workforce planning is analyzing current employment trends.

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This involves understanding employment trends within the context of organizational needs.

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Forecasting the future supply of workers is part of workforce planning.

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This means predicting the availability of workers with the appropriate skills.

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Forecasting potential labor turnover is an element of workforce planning.

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It refers to predicting the rate at which staff will leave the organization.

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Planning to satisfy and motivate employees is essential in workforce planning.

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This involves strategies to keep employees engaged and motivated.

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Supporting staff training and development is a key aspect of workforce planning.

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This involves planning how best to enhance staff skills and capabilities.

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Factors influencing workforce planning

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- Changes in the market - Technological developments - Levels of competition - Population trends (demographic trends) - Trends in trade union membership - Government legislation

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Changes in the world of work

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- Increase in part-time working, teleworking, and homeworking - Increased number of single-parent families - More women seeking work - Ageing population - Industrial sector changes - Greater emphasis on flexible working hours - Technology allows effective communication while apart - People rarely stay in the same job for life

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Importance of understanding workforce changes

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Businesses need to understand and respond to changes to recruit and retain staff of the right standard.

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Interviews

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Interviews can be held one-to-one, two-to-one, or as a panel. They show how an applicant performs under pressure and give an indication of personality and character. However, some applicants may excel in interviews but not be the best for the job, and interviews can be stressful.