MU0010—Manpower Planning and Resourcing
Summer-2013
Master of Business Administration- MBA Semester 1
MU0010—Manpower Planning and Resourcing-4 Credits
(Book ID: B1765)
Assignment (60 Marks)
Note: Answer all questions (with 300 to 400 words each) must be written within 6-8 pages. Each Question carries 10 marks 6 X 10=60
Q1. Explain the need for manpower planning. What are the obstacles in manpower planning?
Answer. Manpower Planning which is also called as Human Resource Planning consists of putting right number of people, right kind of people at the right place, right time, doing the right things for which they are suited for the achievement of goals of the organization. Human Resource Planning has got an important place in the arena of industrialization. Human Resource Planning has to be a systems approach and is carried out in a set procedure. The procedure is as follows:
Q2. What are the objectives of human resource accounting (HRA)? What are the methods of human resource accounting? Explain the cost based approach of HRA.
Answer. Human Resource Accounting is the process of identifying and reporting the Investments made in the Human Resources of an Organization that are presently not accounted for in the conventional accounting practices.
Objectives of Human Resource Accounting:
- To furnish cost value information for making proper and effective management decisions about acquiring, allocating developing and maintaining human resources in order to achieve cost effective organizational objectives.
Q3. What are the objectives of recruitment? Explain recruitment process.
Answer. Recruitment refers to the process of attracting, screening, selecting, and on boarding a qualified person for a job. At the strategic level it may involve the development of an employer brand which includes an ’employee offering’.
Objectives:
- Support the organization ability to acquire, retain and develop the best talent and skills.
- Determine present and future manpower requirements of the organization in coordination with planning and job analysis activities.
- Obtain the number and quality of employees that can be selected in order to help the organization to achieve its goals and objectives.
Q4. Describe the benefits of induction program. Explain the types of induction program.
Answer. An induction program is the process used within many businesses to welcome new employees to the company and prepare them for their new role.
Induction training should, according to TPI-theory, include development of theoretical and practical skills, but also meet interaction needs that exist among the new employees.
Q5. What do you mean by career management? Explain career planning process.
Answer. Career management is the lifelong process of investing resources to achieve your career goals. Career management is not a singular event but a continuing process that is a necessity for adapting to the changing demands of the 21st Century economy.
Meaning of career planning:
- Career Planning is the systematic process by which one selects career goals and the path to these goals.
- Career planning is the process of matching career goals and individual capabilities with opportunities for their fulfillment.
- Career planning is a process of developing human resources rather than an event.
Q6. Mention the causes of employee turnover. Explain the employee exit process.
Answer. Employee turnover is the difference in the rate of employees leaving a company and new employees filling up their positions. Nowadays, it is becoming a major problem among most of the companies, especially in low-paying jobs. There are many aspects that play a significant role in the employee turnover rate of a particular company. Such aspects can stem from both the company as well as the employees. The employers generally give more importance to the turnover rate, as it is a very expensive aspect of the business.
