DEFINITION OF MANPOWER FORECASTING

The prediction of future levels of demand for, and supply

of, workers and skills at organizational, regional, or
national level.

A variety of techniques are used in manpower

forecasting, including the statistical analysis of current
trends and the use of mathematical models.

At national level, these include the analysis of census

statistics; at organizational level, projections of future
requirements may be made from sales and production
figures. Manpower forecasting forms part of the
manpower planning process. .
NECESSITY OF MANPOWER FORECASTING
Manpower Forecasting is needed for a variety of
reasons like as follows:

Any shortage or surplus can easily be identified and

the problem can be rectified.

Most of the recruitments in any organization are

based on manpower forecasting.

To reduce the labor cost as overstaffing is avoided.

To Identify the available talents.

For the Growth and diversification of business.