DEAR ALL,
Suggestions/Advices are welcomed for the question?
1. What is Manpower pLanning and how can we plan for it?
I believe that my seniors in citehr can give a better answer for this.
regards
manish
From India, Delhi
12Suggestions/Advices are welcomed for the question?
1. What is Manpower pLanning and how can we plan for it?
I believe that my seniors in citehr can give a better answer for this.
regards
manish
From India, Delhi
Dear Manish
Well......
The objective of manpower planning is to find out positions to be filled & cost involved in such activity for any financial year or for long term. plus required recruitment resources, Operation panel members for interviews, locations, concerned person for each position, JD for positions, compliance for recruitment process.
Evaluation - manpower required for any financial year = last year carried forward positions + predicted attrition for last year + new positions wrt business plan for current year consultation with line managers & operation mgrs.
Budgeting - It can be done in many ways, it depends upon company requirement(types & nature of requirement).
One way of doing it is - Lets assume that we have to do budgeting for a 100 Crore company with 200 employees, last year carry forward positions are 20. last year attirtion is 10 % means 25 emp may leave the company & we have plan for this year to grow by 20 %. Assuming same current productivity which is 50 lakhs/ emp. We require = 200/100 * 20 = 40 new positions.
So total requirement for this year is = 20 + 25 +40 = 85.
Lets assume 45 can be sourced from walkins( no paper ad) no external cost, 25 can be sourced from campus last year per campus recruitment cost was 5000 rs./student + 15 from lateral hiring last year lateral hiring cost was 100000 = 1500000. Total recruitment cost is 0 + 75000 + 1500000 = 1575000.
It will also include stationery cost, Ops mgr time cost, recruiters cost, bad recruitment cost & other resources like communication cost, travelling cost, staying cost etc. Required data would be available with accounts. It should be calculated monthly, quarterly, half yearly or yearly basis.
There are other ways of doing this, please find out & let me know. My emails address is
.
Regards
Sourabh Tiwari
From India, Mumbai
Well......
The objective of manpower planning is to find out positions to be filled & cost involved in such activity for any financial year or for long term. plus required recruitment resources, Operation panel members for interviews, locations, concerned person for each position, JD for positions, compliance for recruitment process.
Evaluation - manpower required for any financial year = last year carried forward positions + predicted attrition for last year + new positions wrt business plan for current year consultation with line managers & operation mgrs.
Budgeting - It can be done in many ways, it depends upon company requirement(types & nature of requirement).
One way of doing it is - Lets assume that we have to do budgeting for a 100 Crore company with 200 employees, last year carry forward positions are 20. last year attirtion is 10 % means 25 emp may leave the company & we have plan for this year to grow by 20 %. Assuming same current productivity which is 50 lakhs/ emp. We require = 200/100 * 20 = 40 new positions.
So total requirement for this year is = 20 + 25 +40 = 85.
Lets assume 45 can be sourced from walkins( no paper ad) no external cost, 25 can be sourced from campus last year per campus recruitment cost was 5000 rs./student + 15 from lateral hiring last year lateral hiring cost was 100000 = 1500000. Total recruitment cost is 0 + 75000 + 1500000 = 1575000.
It will also include stationery cost, Ops mgr time cost, recruiters cost, bad recruitment cost & other resources like communication cost, travelling cost, staying cost etc. Required data would be available with accounts. It should be calculated monthly, quarterly, half yearly or yearly basis.
There are other ways of doing this, please find out & let me know. My emails address is
Regards
Sourabh Tiwari
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Manpower Planning Form(1).xls
Manpower Planning,Rect & Selection PPTs.zip
Manpower Planning Questionnaire.d oc