HR Plan: Parts 1 and 2DescriptionThis assignment will use the readings and discussions as a base for an individual assignment where students will play the role of an HR professional and will develop an HR plan for a franchise owner. They will apply HR Planning knowledge to forecast demand and supply and then develop a clear plan to address the resulting labour shortage or surplus.• Students will conduct research and apply labour supply and demand forecasting concepts and techniques they learned to create this HR plan. Students will then write an executive summary business report which documents the results of their research and their HR plan including (but not limited to) addressing the case questions in the textbook. Your executive summary report must be a Word document (Maximum of 1500 words, excluding cover page and references page, APA standards). • Students will also complete a video recorded 10-minute presentation which logically documents the results of their research and their HR plans to be presented to the franchise owner. The presentation will provide the owner with a high-level summary of the management report, rationale for action, and the recommended HR plan. The presentation must be (8-10 PowerPoint slides, 12-point font excluding cover page and references page). • Part 1: the executive summary report is due on Sunday of Unit 10 and worth 10% of final grade• Part 2: the PowerPoint presentation is due on Sunday of Unit 10 and worth 8% of final grade.Objective of Assignment• Analyze human resources demand to create a forecast using quantitative and qualitative techniques.• Use strategies to forecast internal human resources supply.• Create a human resources plan and describe ways to deal with a human resources surplus and/or shortage.• Develop business communication skills (written and verbal).Required Materials • Dessler, G., & Chhinzer, N. (2020). Human resources management in Canada (14th Canadian ed.). Pearson Canada Inc. • ISBN-13: 978-0-13-485619-3• Chapter 5• Case Incident on page 129 InstructionsPart 1Conduct research in order to get information to address the following questions (# 1 and 2) from page 129 of the course textbook. Ensure you use some of the qualitative and quantitative techniques described in the course textbook to help formulate your answers. Include at least two scholarly sources.a. Using your HR planning expertise, forecast the demand of labour in the stores and the online environment over the next three years.b. Assuming an annual 15 percent turnover level of in-store workers and a 30 percent turnover level of online-focussed employees, determine overall HR supply estimates over the next three years.c. Report the number of employees that will be surplus or shortages for each part of the business and for each year.d. Report the numbers of any employees that will need to be terminated each year and the services that should be provided for them.e. Additionally, provide some suggestions of activities you could engage in to determine supply details by internal vs. external candidates.1. You are to gather the information and write a business report which documents the results of your research above and presents it in a logical manner for senior management of the franchise.a. Your report must be concise (Maximum of 2000 words, double spaced, 12-point font excluding cover page and references page).b. It must be well-written, but in lay terms so anyone can fully understand your reasoning. Follow APA format and include a proper introduction that clearly outlines the purpose and flow of the essay, and a strong conclusion are important elements.c. You must also provide a properly cited reference page at the end of the report to support any of your conclusions. d. You must also provide appropriate academic references (minimum 2) to support your conclusions or recommendations to the owner. They should be vetted journal articles and company prospectus information rather than Internet sources.e. Remember, your objective is to provide an analysis on the labour forecast and turnover for the franchise owner, not simply to answer a series of questions. The questions are to help you focus your research. Your overall grade will reflect the strength of your analysis.1. Use the research sources that you found in Part 1 in order to get information to address the following questions:a. Do you forecast a labour shortage or surplus?b. Develop a clear plan to help address the forecast labour shortage or surplus. NOTE: your plan will need to include three strategies that focus on at least two of the following areas of HR: Training, Career Development, Total Rewards, and Turnover Management.
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