Why is it important to have an HR Plan in place; and what does it include?

An HR Plan is a strategic document that outlines an organization’s HR objectives such as reducing turnover by 7%, or to increase employee engagement by 10%; or transforming an organization’s culture over the next three years.

The plan outlines tactics and action items to achieve each objective.

It is important to have a people plan as otherwise, you may not obtain the maximum return on investment for the dollars you spend on your people and HR-related programs and activities.