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Explain importance of Man Power Planning in Human Resources Management.
Importance of Man Power Planning in Human Resources Management is given below:-
- Matching jobs along with personnel
- Avoiding surplus/ shortage of staff
- Commenting on the recent manpower position
- Forecasting future manpower requirements
- Control over salary/ wage costs
- Optimum use of manpower
- Implementation and Formulation of operational plans
- Integration along with entire managerial process
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