Explanation:

Everything you need to know about the factors affecting human resource planning. Human resource plans are affected by internal and external environmental changes.

Hence the plans should be flexible so as to adapt easily with the changing circumstances. Human resource plans may be short term or long term depending upon the different environmental factors within which the organisation is operating.
Some of the factors affecting human resource planning are:-

i. Economy ii. Labour Market iii. Demographic Factors iv. Regulatory Framework v. Industry Growth vi. Industry Attractiveness vii. Technology viii. Competition Climate ix. Strategy x. Human Resource Inventory

xi. Human Resource Mobility xii. Type of Organization xiii. Approach of Organization towards Planning xiv. Organizational Growth Cycle xv. Level of Environmental Uncertainty xvi. Time Horizon xvii. Type and Quality of Information xviii. Nature of Human Resource Market xix. Outsourcing HRM Functions and a Few Others.