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Home > QFINANCE Dictionary > Definition of human resource planning

Definition of

human resource planning

General Management

efforts to balance employment needs with supply the development of strategies to match the supply of workers to the availability of jobs at organizational, regional, or national level. Human resource planning involves reviewing current personnel resources, forecasting future requirements and availability, and taking steps to ensure that the supply of people and skills meets demand. At a national level, this may be conducted by government or industry bodies, and at an organizational level, by human resource managers.

Related definitions of "human resource planning"

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Definitions of ’human resource planning’ and meaning of ’human resource planning’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’human resource planning’ and other financial terms with our online QFINANCE Financial Dictionary.

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