myz-vgb.ru A Business Encyclopedia

Limitations of Human Resource Planning

The Human Resource Planning is concerned with maintaining and recruiting the human resources with the requisite quantity and the quality, to fulfill the demand and supply arising in the near future.

In spite of its benefit of keeping the organization’s manpower position balanced, there are a few limitations of Human Resource Planning, which are discussed below.

Limitations of Human Resource Planning

  1. The future is uncertain. There are several external factors viz. Technological, political, cultural, etc. that affects the employment opportunities. Therefore, the management can consider the human resource planning as a guiding factor and can not rely completely on it.
  2. With the surplus manpower, the companies try to remove this imbalance using termination, layoff, removal of the existing employees. This could create a sense of insecurity among them, and that would result in the loss of their faith in the company.
  3. The human resource planning is time-consuming since it collects the complete information regarding the personnel requirements of each department and then finds the suitable sources to satisfy the needs.
  4. The human resource planning is an expensive process. All the activities carried out from the time the manpower need arises till the final placement of employees, consumes lot of time and is very expensive.

Thus, the firm must carry out the human resource planning cautiously since it is accorded with several limitations that can adversely affect the overall functioning of the firm.

2 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Shares

Related pages


inelasticity of demand definitiondebenture meaning in financemodel black scholesjob enrichment advantages and disadvantagesgeographic segmentation meaninglpc scoreepf employee provident fundmethods of desk researchmanagerial gridexplain the theories of entrepreneurshipautocratic leadership definitionvictor vroom motivationwhat is porter's five forcessensitivity analysis for npvguerrilla marketing strategyformula of stock turnover ratiohost country nationals advantageswhat is the meaning of debenturesquantity demanded definitionmaximum limit for neftmeaning of exposed in hindisignificance of elasticity of demandinequity theoryblake & mouton managerial gridprofit theories in managerial economicspure competition definition economicsverbal communication meaning in urducheque drawee meaningmarketing channel conflict exampleshow does consumer expectation affect demand for certain goodsschumpeter entrepreneurleontief production function exampleadvantages of a debenturedifference between cardinal and ordinalwhat is monopolistic competition market structurecommercial innovation definitionjohri windowjohari window and transactional analysisthe meaning of dualitydefinition outbounddefinition payback perioddivest definitionsystematic sampling in statisticsfull form of kioskcyclical unemploymenmeaning of structural unemploymentelements of the promotional mixoligopolistic industrycash reserve ratiodebtors turnover ratio definitionbusiness process reingineeringdefine vmsmeaning of carve outimportance of job enlargementbureaucracy max weberbpr phasesmeaning of subsidiary in hindierg theory clayton alderferclassical organisational theoryconsumer indifference curvemeaning of adjourningfrederick winslow taylor definitiondividends economics definitionproject profitability index formulaexamples of seasonal unemploymentwhat is profitability indexexample of accidental samplingtaylors theory of scientific managementdefinition of variatewhat is the dialectical methodentrepreneur hindi meaningarbitrage opportunity definitionstock turnover ratio formulalikert techniquedelegated powers meaningporters five force modelmajorly definition