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Workforce Planning
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Businesses need to look at future labour needs
They have to ensure they have the right amount of workers with the right skills and experience
Managers draw up plans looking at the number and type of workers who they want to recruit
Also conduct a skills audit so they are able to establish skills and experience of current workers
When planning the workforce managers need to know:
- Sales forecasts for at least the next year
- Employee turnover figures
- Projected wage levels
- Technological developments
- Changes to laws impacting the working week
