steps in HR planning
forecasting
HR planning requires that we gather data on the organization goals objectives. one should understand where the organization want to go and how it wants to get to that point. needs of the employees are derived from the corporate objectives of the organization. they stern from shorter and medium term objectives and their conversion into action budgets (eg) establishing a new branch in New delhi by january 2006 and staff it with a branch Manager 600 USD, Secretary 1550 USD, and two clerical staff 800 USD per month. Therefore, the HR plan should have a mechanism to express planned company strategies into planned results and budgets so that these can be in terms of numbers and skills required.