People Resourcing and Reward

Masters
Essay
Miscellaneous
Pages 18 (4518 words)
Download 0
In the current business arena, there is an increasing recognition of the importance of human resource planning in order to ensure organizational efficiency. According to Kohl (n.d.), human resource planning is "an information-decision-making process designed to ensure that enough competent people with appropriate skills are available to perform jobs where and when they will be needed." With this definition, it becomes apparent that human resource planning entails identifying the different human needs of the business organization for its various positions and evaluates the current labor pool in order to align them with the company's requirements…

Introduction

In turn, effective planning can serve as a potent remedy some of the most pressing problems faced by companies. According to Kohl (n. d.), human resource planning in indispensable as it "serves to stabilize employment levels when demand for a firm's product is variable." In this case this tool becomes important in "reducing the firm's unemployment compensation liability costs due to layoffs, providing more job security to the firm's employees, and minimizing the costs of overtime during periods of peak demand." This highlights the company's ability to source the needed workforce only when they are required. This is done by hiring temporary employees in order to fill up positions during peak seasons.
Human resource planning also addresses the company's problem in employee turnover. ...
Download paper
Not exactly what you need?

Related papers

People Resourcing and Reward
In turn, effective planning can serve as a potent remedy some of the most pressing problems faced by companies. According to Kohl (n. d.), human resource planning in indispensable as it "serves to stabilize employment levels when demand for a firm's product is variable." In this case this tool becomes important in "reducing the firm's unemployment compensation liability costs due to layoffs,…
Employee Resourcing College Essay
He must monitor the uploading and Home page of Online edition of the news paper.…
people resourcing(HR)
They are men and women who lead by example, team work, communication skills, and dedication. In the modern times, it is not enough to be highly skilful. One has to be adaptable to adjust with changes in technology and environment.…
Employee Resourcing
Employee resourcing is an important function undertaken by organizations to ensure that they obtain and retain the human capital that they need, for productive employment. This includes aspects of employment practice that relate to welcoming people to the organization, and releasing them if it is necessary to do so. Employee resourcing is a key part of human resource management which "matches…
Popular Culture The consuming Life. People just decide to "go shopping" in order to reward themselves, to alleviate stress, to buy gifts for others, and so on.
From the moment we wake up, we are bombarded with advertisements that blur the line between need and want. In newspapers, magazines, radios, televisions, the internet, billboards, marquees, buses -almost everywhere - advertisements for tons of products and services force themselves into our consciousness. They urge us to buy this or that product or avail of this or that service. The extensiveness…
Employee Resourcing
367). Recruitment and selection procedures are influenced by ever-increasing internationalization of business and link it to the rising importance of human resources management within every corporation.…
Employee Reward Systems Presentation
Many reward systems exist in the workplace, and they may reflect the organization of the staff, or the type of work. For instance, at the University of Virginia's Department of Athletics as well as at the Rose-Hulman Institute of Technology, employees can nominate each other for a particular award. In these cases, efficient teamwork and group leadership are assets that contribute to the award.…