Human Resource Flow

Human resource flow refers to the movement of employees into, through and out of an organisation. Managing this flow effectively ensures the business has the right people in the right roles at the right time. The key stages include HR planning, recruitment and selection, training, redeployment and redundancy.

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HR Planning

HR planning (also called workforce planning) involves forecasting the business's future staffing needs and developing strategies to meet them. This feeds directly into recruitment, training and redeployment decisions.

Key activities include:

• Demand forecasting — estimating the number and type of employees needed, based on sales forecasts, corporate objectives and planned projects
• Supply forecasting — assessing the available supply of labour, both internally (current employees who could be promoted or redeployed) and externally (the labour market)
• Gap analysis — comparing demand with supply to identify shortfalls or surpluses
• Action planning — determining whether to recruit, train, redeploy or make redundancies

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Recruitment and Selection

Recruitment

Recruitment is the process of attracting a pool of suitable candidates for a vacant position. It involves two main approaches: