Objectives of HR Planning

For the purpose of forecasting future HR requirements

Forecasting is done on the basis of corporate and functional plans. For this purpose HR gaps are being identified which is identifying the gap between demand and supply of the workforce. A comparison between the existing workforce and the projected workforce demand is done. It will show the shortage or surplus of workforce in the future. The gaps which had been occurred in terms of knowledge, skills and attitudes could be bridged by training and development

To Cope with changes

Objectives and strategic plans of the company and the demand for goods and services that an organization produces has a direct impact on the man power demand. So when the man power planning is done long term objectives of the organization such as introduction of new products, venturing into new markets and in introducing new production methods should be considered

  Some other major objectives of HR Planning could be listed as follows..

To ensure optimum use of available HR

As a help for recruitment and selection

To maintain productivity levels 

To work out an effective employee development program