The important objectives of manpower planning in an organization are:
1. To recruit and retain the human resources of required quantity and quality.
2. To foresee the employee turnover and make the arrangements for minimizing turnover and filling up of consequent vacancies.
3. To meet the needs of the program of expansion, diversification, etc.
4. To foresee the impact of technology on work, existing employees, and future human resources requirements.
5. To improve the standards of skill, knowledge, ability, discipline, etc.
6. To assess the surplus or shortage of human resources and take measures accordingly.
7. To maintain congenial industrial relations by maintaining the optimum level and structure of human resources.
8. To minimize imbalances caused due to non-availability of human resources of the right kind, right number, in the right time and right place.
9. To make the best use of its human resources.
10. To estimate the cost of human resources.