What is the importance of man power planning in human resources management?
Significance of Man Power Planning within Human Resources Management is as illustrated here:
a. Matching jobs along with personnel
b. Ignoring shortage/surplus of staff
c. Commenting onto the recent manpower position
d. Forecasting future manpower requirements
e. Control over wage/salary costs
f. Optimum utilisation of manpower
g. Implementation and Formulation of operational plans
h. Integration along with entire managerial process