Labour planning determines employment stability.

Question

Quizplus · Accepted Answer

Labour planning involves forecasting and managing the supply and demand of labour in an organization. By ensuring that there is a balance between the two, employment stability can be achieved. When there is a surplus of labour, there is a risk of layoffs and decreased employee morale. On the other hand, a shortage of labour can result in overworking and burnout among existing employees. Therefore, effective labour planning is crucial in maintaining employment stability.

Labour Planning Determines Employment Stability