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.
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.