Definition of workforce planning:
(i) Anticipating the organization workforce needs
(ii) Identify a processes / steps to build ideal workforce
Step #1: Gather Market Data
- Local employee rate
- Local community / potential workforce demographics
- Who is the competitors
- Global / national social, technological and economic trends
- Global / national political and legislative trends
Reliable sources for market data and information: News; Industry Publication and Website; Networking Group; Government Agencies (e.g., Singapore Ministry of Manpower, Statistic Department, etc.)
Step #2: Analyzing The Organization
- Report on number of employee by job type / position
- Strategic important / value of each job / position
- Employees' skills inventory, knowledge, ability and experiences
- Teamwork and Leadership
- What are the specialized skill, expertise or qualification required by the organization
- Potential for Flexible Work Arrangement (FWA), e.g., telecommuting, compress workweek, part-timer, shorter work days / hours, stagger time report for work, etc.)
Step #3: Supply and Demands
- Employees planning or going to retirement
- Employee turnover rate
- Potential for internal career opportunity (e.g., fill a position from within the organization)
- Input from upper management on staff / vacancies to meet short and long term business goals
- Position which cannot be filled internally (long term can be addressed by succession planning program)
- Potential employee who can be promoted
- Availability of potential candidates
Step #4: Develop Your Implementation Plan
- Timeline for filling open and anticipated position
- Job market trends
- Time to finalized job description and recruitment advertising
Step #5: Periodical Review of The Workforce Plan (e.g., Annual or Bi-annually)
- Take note and seek clarification when there are changes in ...
- Staff ... turnover or newly created position
- Management team
- Economic
- Physical location
- New products and services
(Source: Modified from HR360, 2018)
++The End++
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