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Workforce Planning Glossary

Published on: • Categories: Business Administration

Workforce Planning Glossary

A glossary defines key terms in workforce planning.
Supply Analysis: Review of the current workforce. 
Demand Forecasting: Predicting future talent needs. 
Gap Analysis: Comparing supply and demand to find mismatches. 
Skills Inventory: A database of employee skills and competencies. 
Headcount: The number of employees. 
FTE: Full-Time Equivalent. 
Attrition: The natural departure of employees. 
Succession Planning: Preparing employees to fill key roles. 
Scenario Planning: Creating plans for different possible futures. 
Workflow Automation: Using technology to automate tasks. 
Talent Pipeline: A pool of candidates for future roles.






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