How well can you identify your business’ goals and needs? What implications do they have on your HR teams, staff and management? The FPHRC’s HR Planning Template expedites the process of evaluating your business allowing you and your teams more time to take necessary action.
Some of these calculations include:
Absence Rate: [(# days in a month) / (avg. # of employees during mo.) x (# of workdays)]
Cost Per Hire: (Advertising + agency fees + employee referral fees + travel cost of applicants and staff + relocation costs + recruiter pay and benefits) / number of hires
Turnover Costs: Total cost of separation + vacancy + replacement + training
Management, Operations, Technology, Quality & Standards, Administration and Sales
Job Titles, Staff Count, Anticipated Departures, Possible Promotion, Future Demand, Surplus and Shortages
*From Module 2 of HR Toolkit, purchase full Module here