Cost Effectiveness in Manpower Planning

sunandaC

New member
The attachment includes project on Cost Effectiveness in Manpower Planning


Man power planning in Human Resource Management is a core factor.
Here the penalties for not being correctly staffed are costly. Understaffing
loses the business economies of scale and specialization, orders, customers
and profits.

Overstaffing is wasteful and expensive, if sustained, and it is
costly to eliminate because of modern legislation in respect of redundancy
payments, consultation, minimum periods of notice, etc.

Very importantly,
overstaffing reduces the competitive efficiency of the business. . Effective
human resources planning give optimal productivity in terms of timelines
and quality of deliverables." It will not only improve people competency,
but will also ensure that people grow with the company.
 

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  • hrm-project(5).pdf
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jamescord

MP Guru
The attachment includes project on Cost Effectiveness in Manpower Planning


Man power planning in Human Resource Management is a core factor.
Here the penalties for not being correctly staffed are costly. Understaffing
loses the business economies of scale and specialization, orders, customers
and profits.

Overstaffing is wasteful and expensive, if sustained, and it is
costly to eliminate because of modern legislation in respect of redundancy
payments, consultation, minimum periods of notice, etc.

Very importantly,
overstaffing reduces the competitive efficiency of the business. . Effective
human resources planning give optimal productivity in terms of timelines
and quality of deliverables." It will not only improve people competency,
but will also ensure that people grow with the company.

Hey friend,

Please check attachment for Study on Problems in Manpower Planning, so please download and check it.
 

Attachments

  • Study on Problems in Manpower Planning.pdf
    97.5 KB · Views: 2

idealhr

Par 100 posts (V.I.P)
Manpower planning is the process of estimating or projecting the number of personnel required for a project (with different skillsets) over a predefined period of time. Manpower. Strategic Planning. Scenario Planning or Contingency Planning.
 
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