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What Is Human Resource Planning (HRP)?
💦 Human resource planning (HRP) is the continuous process of systematic planning to achieve optimum use of an organization’s most valuable asset—quality employees.
💦 HR planning ensures the best fit between employees and jobs while avoiding manpower shortages or surpluses.
💦 There are four key steps to the HRP process.
💦 They include analyzing present labor supply, forecasting labor demand, balancing projected labor demand with supply, and supporting organizational goals.
💦 HRP is an important investment for any business as it allows companies to remain both productive and profitable.
