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What is HR Planning: Demand & Supply Forecasting about?

Human Resource Planning (HRP) is the process of ensuring an organization has the right number and types of employees to meet its future needs, focusing on both quantitative and qualitative aspects. It involves demand and supply forecasting, matching workforce requirements, and developing action plans to address surpluses or shortages. Effective HRP requires integration with corporate strategies, top management support, and a thorough understanding of the workforce dynamics and external factors affecting hum

Author

Md Ahsan-Ul- Kabir

Language

EN