Hrd Fianlpptnew

download Hrd Fianlpptnew

of 29

Transcript of Hrd Fianlpptnew

  • 7/29/2019 Hrd Fianlpptnew

    1/29

    Human Resource Development & HumanResource Planning

  • 7/29/2019 Hrd Fianlpptnew

    2/29

    Emergence of human resource

    development

    When human factor came in the context.

    Human Resource Development as a Discrete approach.

    Human Resource Development gives employment

    opportunity.

    Due to technological development human resource came into

    existence.

  • 7/29/2019 Hrd Fianlpptnew

    3/29

    Need for human resource planning

    Organization needs well competent employees.

    Replace employees due to separations.

    Expansion, diversification or contraction of the organization.

    Identify areas of surplus personnel or shortage of personnel.

    Manpower utilization.

  • 7/29/2019 Hrd Fianlpptnew

    4/29

    Need for the study

    To strengthen the area of manpower planning system.

    HRD & other elements personnel system.

    Develop appropriate methodology.

  • 7/29/2019 Hrd Fianlpptnew

    5/29

    Limitations of the study

    The results of the study cannot be generalized for other public

    sector undertakings.

    The present study suffered from lack of representativeness of

    the sample.

    Exploratory research design- demands a very high degree ofco-operation .

  • 7/29/2019 Hrd Fianlpptnew

    6/29

    Human resource planning

    The ongoing process of systematic planning to achieve

    optimum use of an organization's most valuable asset - its

    human resources.

    The objective of human resource (HR) planning is to ensure

    the best fit between employees and jobs, while avoiding

    manpower shortages or surpluses.

    The three key elements of the HR planning process are

    forecasting labor demand, analyzing present labor supply, and

    balancing projected labor demand and supply.

  • 7/29/2019 Hrd Fianlpptnew

    7/29

    In Tata Steel

    Manpower planning relates to establishing job specification,

    determining the number of people required, and finding supply

    sources to fill these requirements.

    In the broadest perspective, manpower planning takes into

    consideration current and future demands for skills and

    probable availability of individuals armed with such skills.

  • 7/29/2019 Hrd Fianlpptnew

    8/29

    Mello suggested 5 major objectives

    of HRP To prevent overstaffing and understanding.

    To ensure that the organization has right employees with the

    skills in the right places at the right times.

    HRP is responsive to changes in its environment.

    To provide direction to all human resource activities and

    systems.

    HRP is to unite the perspectives of line and staff managers.

  • 7/29/2019 Hrd Fianlpptnew

    9/29

    Empirical studies on planning in India

    and abroad

    A survey conducted by agarwal during 1972

    PSUs were engaged in limited manpower planning.

    49 central PSUs responded.

    14 public enterprises prepared recruitment and training plans.

    Only 11 formulated succession plans.

  • 7/29/2019 Hrd Fianlpptnew

    10/29

    25 Public enterprises estimated future manpower requirements

    on a regular basis, 18 did so on ad-hoc basis,& remaining 6

    enterprises did not make any estimate.

    In the opinion of agarwal, the situation has not changed and

    current status of manpower planning in PSUs are evolving.

  • 7/29/2019 Hrd Fianlpptnew

    11/29

    Empirical studies on planning in India

    and abroad

    Greer, Jackson & Fiorito Surveyed 137 US based companies.

    The aspects includes:

    HRPs adaptation to conditions of environment uncertainty.

    Reasons for conducting human resource forecasting.

    Problems in HRP.

    Areas of HRP emphasis in the future.

  • 7/29/2019 Hrd Fianlpptnew

    12/29

    Human resource managers perceptions of the importance of

    HRP and factors correlated with perceptions.

    Factors correlated with difficulties in linking HRP to strategic

    planning.

    Resources devoted to HRP.

  • 7/29/2019 Hrd Fianlpptnew

    13/29

    Empirical studies on planning in India

    and abroadNkomo conducted survey of fortune 500 firms:

    54% of firms use formal strategic HRP, 15% use comprehensivesystems.

    Lack of linkage between human resource planning & strategic business

    planning.

    strategic human resource planning is still in its impasses.

  • 7/29/2019 Hrd Fianlpptnew

    14/29

    Human resource planning is treated as short term exercise.

    Many organizations lack the requisite expertise and abilities ofhuman resource planning

  • 7/29/2019 Hrd Fianlpptnew

    15/29

    Manpower planning today

    An integral approach

    New scenario in fully economic

    Human beings are the sources

    A rational approach of manpower

  • 7/29/2019 Hrd Fianlpptnew

    16/29

    Public sector enterprises are now in the pangs of

    transformation.

    Proper utilization of human potential.

    The progressive build up of the public sector began in the

    1950s.

    Public enterprises in the

    economy of India

  • 7/29/2019 Hrd Fianlpptnew

    17/29

    Voluntary retirement / Golden Handshake

    for PSU Employees

    Golden Handshake is a kind of voluntary retirement, usually

    quite early in the career of an employee with hefty ex-gratia

    benefits, to make it as attractive as shaking hands with gold.

    Out of 23 lakh employees in the 246 central PSUs, some 4.5

    lakhs are found to be surplus.

    Thus, voluntary retirement scheme has become one of the

    ways of dealing with redundant human resources in an

    organization.

  • 7/29/2019 Hrd Fianlpptnew

    18/29

    In this context, guidelines of the department of public

    enterprises are as follows:

    1. Voluntary retirement scheme open for employees who havecompleted 10 years of service and or 40 years of age;

    2. Management of the enterprise has the right not to consider any

    request under VRS;

    3. Terminal payments include:

    Balance of provident fund accumulation;

    Leave encashment as per rules;

  • 7/29/2019 Hrd Fianlpptnew

    19/29

    Gratuity as gratuity act;

    One/three months notice pay as applicable.

    Ex-gratia payment equivalent to one and a half months

    emoluments for each completed years of service, or the monthlyemoluments at the time of retirement, or salary for the remaining

    period of service, whichever is less.

  • 7/29/2019 Hrd Fianlpptnew

    20/29

    4. Higher ex-gratia can be proposed only after the approval of the

    Department of Public Enterprises. This rule, however does not

    apply in the case existing scheme.

    5. The above rules apply to all categories of employees.

  • 7/29/2019 Hrd Fianlpptnew

    21/29

    The golden handshake scheme payment of 45 days emolument for each completed year

    of service for the remaining months of service whichever is lower.

    The aggregate cost of the scheme may be R s.7000 crores .If spread over 3 years or so,the estimate around Rs. 10000 crores on the basis of following calculation:

    No. of employees to be covered under the scheme 4,50,000

    Average emoluments of an employee in PSU(per month) Rs. 5000

    Average duration of service in completed years 20

    Average duration of months of entitlement regarding monthly 30

    emoluments

    Product of number (i),(ii) & (iv) Rs. 6750 crores

  • 7/29/2019 Hrd Fianlpptnew

    22/29

    Multi-skilling for use of surplus

    manpower in PSUs

    1. Recent trend in industrial organizations.

    2. Attracted many PSUs.

    3. This approach is very useful for PSUs mainly for

    two reasons:

    Meeting futuristic needs

    Absorbing the surpluses.

  • 7/29/2019 Hrd Fianlpptnew

    23/29

    Steps to operationalize multi-skilling

    approach

    Identification of areas where additional manpower is required.

    Where from manpower can be drawn for retaining in multi-trade.

    Grouping of skills.

    Imparting training based on the grouping of skills.

    Incentives for acquisition of additional skill in the same or other

    trade.

  • 7/29/2019 Hrd Fianlpptnew

    24/29

    Multi-skilling in the present context

    Balancing the actual workload.

    Process of technology absorption.

    Gainful employment generation.

    Liberalization laid stress on higher productivity .

  • 7/29/2019 Hrd Fianlpptnew

    25/29

    Growth of investment vis--vis employment in

    public sector enterprises

  • 7/29/2019 Hrd Fianlpptnew

    26/29

  • 7/29/2019 Hrd Fianlpptnew

    27/29

  • 7/29/2019 Hrd Fianlpptnew

    28/29

  • 7/29/2019 Hrd Fianlpptnew

    29/29