Workforce planning means figuring out how many employees a company needs, now and in the future, along with what skills will be required. Workforce planning includes checking current staff strength and predicting future needs based on business growth. Companies then use workforce planning to fill any gaps through hiring, training, or restructuring, and it also helps in preparing a realistic yearly budget for staffing. HR usually works closely with department heads to align workforce planning with business goals.
Definitions are general guidance. Your organisation's policies and applicable local requirements determine how a term is used in practice.
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