BSBHRM602 Task 2.4 - Human Resources Strategic Plan

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Information Technology and Business University of Indonesia *

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MISC

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Information Systems

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Nov 24, 2024

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docx

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This document is Human Resources Strategic Plan Template. It is part of the supporting assessment resources for Assessment Task 2 of BSBHRM602. King Edward Business College Human Resources Strategic Plan Introduction It is a process that identifies current and future human resources needs for an organization to achieve its goals. Human resource planning should serve as a link between human resource management and the overall strategic plan of an organization. Human resource planning includes creating an employer brand, retention strategy, absence management strategy, flexibility strategy, (talent management) strategy, (recruitment) and selection strategy. Human resource planning is the ongoing process of systematic planning to achieve the best use of an organisation's most valuable asset – its human resources. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs, while avoiding workforce shortages or spares. The following are benefits of strategic human resource management: Increased job satisfaction. Better work culture. Improved rates of customer satisfaction. Efficient resource management. A proactive approach to managing employees. Boost productivity. Priorities Workforce Planning Recruitment and selection Training and retention Reducing staff turnover Compensation Performance appraisal and evaluation Industrial Relation 1 © RTO Works 2019 SELC Career College Australia RTO: 91721 SELC- BSBHRM602 -SRT-V2019.1.2
This document is Human Resources Strategic Plan Template. It is part of the supporting assessment resources for Assessment Task 2 of BSBHRM602. Operational Priorities Plan Operational Plan does present highly detailed information specifically to direct people to perform the day-to-day tasks required in running the organisation. Organisation management and staff should frequently refer to the operational plan in carrying out their everyday work. The Operational Plan provides the what, who, when and how much: What - the strategies and tasks that must be undertaken Who - the persons who have responsibility of each of the strategies/tasks When - the timelines in which strategies/tasks must be completed How much - the amount of financial resources provided to complete each strategy/target The purpose of the Operational Plan is to provide organisation personnel with a clear picture of their tasks and responsibilities in line with the goals and objectives contained within the Strategic Plan. Recruitment, selection and induction Objective: To ensure the recruitment and retention of first class employees. Actions Responsibility Budget implications Performance Indicators Target date Introduction of flexible and good working conditions HR officer or Administrative officer Allocate staff time Employee satisfaction rate After recruitment Development of retention plan HR officer or Administrative officer Allocate staff time Retention rate After recruitment Introduction of formal training and continual learning HR officer or Administrative officer Allocate staff time Knowledge achieved with training After recruitment Introduction of revised pay scale and benefits HR officer or Administrative officer Allocate staff time Employees happiness In the process of working smart and hard 2 © RTO Works 2019 SELC Career College Australia RTO: 91721 SELC- BSBHRM602 -SRT-V2019.1.2
This document is Human Resources Strategic Plan Template. It is part of the supporting assessment resources for Assessment Task 2 of BSBHRM602. Workforce development Objective: To drive individual and team performance Actions Responsibility Budget implications Performance Indicators Target date Develop an effective vision and mission CEO Allocate staff time Effective planning Prior to the start up Create comfortable office space Administrative Officer Allocate staff time Conducive environment In the process of work Conduction of Monthly evaluation Administrative Officer Allocate staff time Staff feedback/suggestions monthly Organizing and coordination of informal event or programs Administrative Officer Allocate staff time Event As and when necessary Supporting and valuing the workforce Objective: Develop and implement more effective performance management for staff Actions Responsibility Resource Requirements, Performance Indicators Target date Monthly conduction of meeting to discuss outcomes and results HRO or ADM Employees Hall Projectors Feedback/suggestion turnover rate Monthly Recognition, reward and award for the staff HRO or ADM or CEO Certificates Gifts Recognition turnover rate Annually Evaluation of the staff HRO or ADM Target achievement rate Annually Introduction o incentives and increment HRO or ADM or CEO Budget Staff satisfaction turn over Annually Workforce Skilling Objectives: Develop and implement more effective performance management for staff 3 © RTO Works 2019 SELC Career College Australia RTO: 91721 SELC- BSBHRM602 -SRT-V2019.1.2
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This document is Human Resources Strategic Plan Template. It is part of the supporting assessment resources for Assessment Task 2 of BSBHRM602. Expand employee development Actions Responsibility Resource Requirements, Performance Indicators Target date Providing training and attachments HRO ICT Tutorials Expertise Resource person Skills achieved with training As and when required Introduction of online learning ICT HRO Tutorials Expertise Resource person Skills achieved with training As and when required Use peer reviews HRO Reviews Turnover rate of peer As and when required Set regular meetings to discuss result and outcomes HRO or ADM Employee Hall Staff turnover feedback/suggestions Monthly Human Resource Information Management Objectives: Develop and implement more effective performance management for staff Expand employee development 4 © RTO Works 2019 SELC Career College Australia RTO: 91721 SELC- BSBHRM602 -SRT-V2019.1.2
This document is Human Resources Strategic Plan Template. It is part of the supporting assessment resources for Assessment Task 2 of BSBHRM602. Actions Responsibility Resource Requirements, Performance Indicators Reduction of paper and related materials and storage HRO ADM Computers Internet Cost cutting Improved time and attendance tracking abilities and accuracy HRO Computers Internet Efficiency and punctuality Reduction of errors within payroll systems and employee information databases FO HRO Computers Internet Software Efficiency and punctuality Providing training and online course HRO ADM Lectures Online training The productivity of the staff Overview of costs and benefits of human resources services indicated in operational priorities plan 40% the budget to be allocated towards workforce planning, recruitment, selection and inductions process 35% of the budget to be allocated towards professional development program 25% of the budget to be allocated towards staff welfare/work life balance and compensation packages 5 © RTO Works 2019 SELC Career College Australia RTO: 91721 SELC- BSBHRM602 -SRT-V2019.1.2