Human Resource Planning (HRP) anticipates not only the required kind and number of employees but also determines the action plan for all the functions of personnel management. The major benefits of human resource planning are :
1.It checks the corporate plan of the organization.
2.It provides scope for advancement and development of employees through training, development etc.
3.It helps to anticipate the cost of salary enhancement, better benefits etc.
4.To foresee the changes in values, aptitude and attitude of human resources and to change the techniques of interpersonal, management etc.
5. To plan for physical facilities, working conditions and the volume of fringe benefits like canteen, schools, hospitals, conveyance, child care centres,quarters, company stores etc.
6. It gives an idea of type of tests to be used and interview techniques in selection based on the level of skills, qualifications, intelligence, values etc of future human resource.
7.It helps to take steps to improve human resource contributions in the form of increased productivity, sales, turnover etc.
8. It facilitates the control of all the functions, operations, contribution and cost of human resources.