Hud Human Capital Management Comprehensive Strategic Workforce Planning Needed

Human capital management issues at the Department of Housing and Urban Development (HUD) are an immediate concern. Looming retirements in the next 5 years suggested by current demographics have brought the need for workforce planning to the forefront. By workforce planning we mean the strategy used to identify current and future human capital needs-including size and deployment of the workforce and the knowledge, skills, and abilities needed to pursue the HUD mission. This includes recruiting and hiring the workforce of the future. By August 2003, HUD estimates that about half of its professional workforce will be eligible to retire. According to its Human Resources officials, HUD is faced with a need for a large-scale recruiting and hiring effort due to the above retirement statistics and the fact that HUD has done little outside hiring in the past 10 or more years.