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Labour Regulation in the 21st Century - Research Paper Example

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The author of the current paper "Labour Regulation in the 21st Century" underlines that a human resource department is a functional unit within an organization that is responsible for ensuring the organization has a competent workforce in the right numbers. …
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Labour Regulation in the 21st Century
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Download file to see previous pages It is a continuous process of methodical design to achieve optimum use of the organization’s human resources (Ree & French, 2010, p. 121). The aim of this study is to examine the implementation of human resource planning by organizations. In order to achieve the organizational goals of labour requirements, the organization requires effective human resource planning. However, most of the organizations lack effective programmes on human resource planning to determine their recruitment and hiring practices. Therefore, human resource planning ensures the success of the organization by helping it to acquire the right labour force in the right numbers to match available jobs. However, some organizations fail to implement human resource planning for the following reasons;
In order for the organization to have effective manpower planning, they must forecast the future demand for workforce. They can achieve this through trends analysis by studying the demand for some previous years and project the same in the future (Ree & French, 2010). However, the demand and supply of labour are affected by economic conditions such as recession and boom periods. Such unpredictable economic conditions affect the capacity of the organizations to conduct effective resource planning (Kew & Stredwick, 2010, p. 113).
Organizations incur much expense to conduct human resource planning (Kew & Stredwick, 2010). This is because almost all personnel must be involved in making a projection in order to achieve a reliable result. However, considering most organizations are small in size they cannot afford the cost of carrying out market research to obtain data for effective market trend analysis and predict the future demand for workforce. ...Download file to see next pagesRead More
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