When the organization establishes its budget, it usually incorporates budgetary control, which involves designating funds for various operations in such a way as to prevent shortages in one area or overflow of money in another.
This way, budgeting can assist a company in planning its workforce staffing levels by identifying the amount of work and number of employees, which can reduce erratic layoffs and recruitments.
References
Academic.Tips. (2023) 'How can budgeting assist a company in planning its workforce staffing levels'. 10 May.
Reference
Academic.Tips. (2023, May 10). How can budgeting assist a company in planning its workforce staffing levels? https://academic.tips/question/how-can-budgeting-assist-a-company-in-planning-its-workforce-staffing-levels/
References
Academic.Tips. 2023. "How can budgeting assist a company in planning its workforce staffing levels?" May 10, 2023. https://academic.tips/question/how-can-budgeting-assist-a-company-in-planning-its-workforce-staffing-levels/.
1. Academic.Tips. "How can budgeting assist a company in planning its workforce staffing levels?" May 10, 2023. https://academic.tips/question/how-can-budgeting-assist-a-company-in-planning-its-workforce-staffing-levels/.
Bibliography
Academic.Tips. "How can budgeting assist a company in planning its workforce staffing levels?" May 10, 2023. https://academic.tips/question/how-can-budgeting-assist-a-company-in-planning-its-workforce-staffing-levels/.
Work Cited
"How can budgeting assist a company in planning its workforce staffing levels?" Academic.Tips, 10 May 2023, academic.tips/question/how-can-budgeting-assist-a-company-in-planning-its-workforce-staffing-levels/.