People Investment and Planning

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what does PIP do

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1

what does PIP do

ensures that the organisation has the correct staff to enable it to perform effectively

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2

what is PIP

a plan which details the suggested quantity, quality and type of employees a business requires now and in the future and how this demand is met

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3

Advantages of PIP

Helps the business to be prepared for external circumstances

Prepared for retirement if have aging senior management by training up junior managers to take their place

Business in better position to take advantage of opportunities

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4

Disadvantages of PIP

Doesn’t take account the behaviour of employees

Changes in external environment can make it difficult to accurately predict future HR requirements

HR have to be careful future plans do not demotivate staff or cause industrial difficulties

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5

Factors that determine decisions about PIP

Succession planning, Skills Audit, Staff training requirements, Future needs of the organisation

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6

Succession Planning

Facilitates identification and training of selected staff to undertake roles in the future

achieved through training and development of member so they can easily assume future role

failure to plan may cause operational difficulties

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7

Skills Audit

to review all skills, experience, qualifications and related factors of workforce to anticipate need

should indicate strengths and weaknesses and suggest corrective orders

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8

Staff training development

is summary of training needs

enables workforce to meet business objectives in the most appropriate way

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9

future needs of the organisation

to anticipate gaps in workforce skills

to identify how staff training requirements can be achieved and marketed to future objectives and environmental changes

ensures right people with the right experience and qualifications are in the right position in the future

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