Objectives of Manpower planning
- Manpower planning determines the future needs of manpower to meet the
objectives of the Organizations.
- It enables the organization to meet the needs of programmed expansions,
diversification and growth of the Organization.
- It aims at assessing the surplus or shortage of manpower and develops
strategies to deal with them effectively.
- Manpower planning enables to foresee the employee turnover and guides in the
development of retention strategies.
- It minimizes the dangerous caused by the non-availability of required manpower.
- Manpower planning makes it possible to use the existing human resources more
effectively and productively.
- A sound manpower planning economizes wage and salary cost and other human
resource cost in the end.
- It provides a framework to cope with the changes. A good plan enables the
Organization to make available the quality manpower even in the time of
changing market conditions and human resource changes
- It provides a basis for planning the human resource training and development
programmes in the future.
- Manpower planning provides a guidance to design and execute an appropriate
promotion policy in the Organization.