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The 5 Workforce Planning Risks Most Organisations Overlook

By Julius Ranta, Safeguard Global VP of Revenue, APAC | October 16, 2026|5 minute read
The 5 Workforce Planning Risks Most Organisations Overlook

Most global workforce planning focuses on tangible factors: How many people will the business need? Which skills will be in demand? Where should teams be located? What will they cost?

The answers to these questions offer the starting points for workforce planning. But this exercise requires more than just the determinations around necessary skills, suitable locations, and the number of people needed. For an organisation’s workforce planning strategy to succeed, it needs to include factors such as concentration of knowledge, compliance risk, and talent availability, among others.

Here are five workforce planning risks that HR leaders must be aware of.

Critical knowledge held by only a small number of people

HR leaders know their headcount, the roles needed by the organisation, and the skills required for those roles. But it’s often harder for them to determine which individual employees hold knowledge that would be difficult to replace.

Critical knowledge isn’t held only by employees who sit at the top of an org chart. A payroll specialist may have accumulated years of country-specific expertise. A junior engineer may be the only person who knows why a particular system was configured a certain way. A regional manager may have valuable relationships with customers, suppliers, or local authorities.

Traditional workforce planning can miss these dependencies because headcount reports and organisational charts usually don’t include them. Recent job mobility data from ABS shows 7.2% of employed people changed jobs in the year to February 2026, down from 7.7% a year earlier and the lowest rate in a series running back to 1972. The argument writes itself: When people stay put, knowledge concentrates in long-tenured individuals, so the gap left by a single departure is larger than it was five years ago.

A resilient workforce strategy incorporates this information, so HR leaders know where knowledge concentration creates business risk. They can then plan for succession, documentation, cross-training, and retention accordingly.

Geographic concentration

Global organisations frequently build teams in locations where they have found talent in the past. But that can lead to geographic concentration.

Over time, companies with a distributed workforce may find that members of a certain team or function are concentrated in a particular country or labour market. For example, Australian organisations have focused on India, the Philippines, and Vietnam, typically for call centre and back office work. But those functions are being replaced by technology, analytics, finance, and HR.
If local employment regulations, wage levels, talent availability, or economic conditions in a company’s go-to markets change, or if the company’s business requirements change, the impact can be disruptive.

This risk doesn’t mean HR leaders need to keep employees evenly distributed across markets. It means they need to know when the organisation has become dependent on a location and decide whether that dependency is acceptable.

Skills shortages

Company leaders engaged in workforce planning often assume the talent they need will be available when they need it. That’s not always the case.

The introduction of a new technology, entry into a new market, or a change in business strategy can create demand for capabilities the organisation doesn’t have. And recruiting doesn’t necessarily solve the problem — especially when a promising innovation is being widely deployed across entire sectors and companies are competing for the same skill set.

These uncertainties make skill set awareness an important part of workforce planning. HR executives need to know what they have, what they’re likely to need, and whether they can develop the required skills internally. The 2025 Occupation Shortage List from Jobs and Skills Australia found shortages in 29% of assessed occupations, with health, construction trades, teaching and early childhood education showing the deepest gaps.

If organisations can’t build the skills they need internally, they’d better know where they can quickly find them.

Compliance risk is always present

As companies spread their workforce across different regions, compliance risk increases. Different laws and regulations concerning contracts, payroll, benefits, working hours and overtime, paid leave, termination, and taxes come into play. And amendments and new laws are sometimes introduced with only a quiet announcement.

This means that an organisation’s compliance obligations can change even when the size or makeup of its workforce has not changed.

In Australia, for example, Payday Super commenced on 1 July 2026 and requires super guarantee contributions to reach the fund within seven business days of each payday, rather than quarterly. And from 10 December 2026, new APP 1.7 of the Privacy Act 1988 requires organisations to disclose in their privacy policy where personal information is used in computer-assisted decisions that significantly affect a person.

When HR managers consider hiring in new countries, they need to think about how their compliance obligations will change and whether they are adequately prepared to meet those obligations. For global organisations, compliance considerations should always be part of their workforce planning strategy.

Poor workforce data

A workforce planning risk that’s often hard to detect involves the use of incomplete workforce information for making strategic decisions.

Payroll, compensation, skills, and location data are typically spread across multiple systems or sources. That turns the research task into a very time-consuming effort. Where are labour costs increasing fastest? Which markets have the highest turnover? Which teams are becoming harder to staff? Without centralised, up-to-date information, it takes longer than it should to make sound, data-driven decisions.

A faster, more efficient way to gather this information is through Safeguard Global’s Intelligent Workforce. This free tool offers information on market conditions, labour costs, employment benchmarks, and compliance matters on a user-friendly dashboard. It puts the latest information at executives’ fingertips, enabling them to quickly compare markets, understand workforce costs, and make expansion decisions with more context.

Workforce planning needs to test assumptions

A workforce planning strategy needs to go beyond a static headcount forecast to examine assumptions and factor in the risks that can make or break the strategy.

Can critical roles be replaced? Are important skills available where the organisation plans to grow? Is too much operational knowledge concentrated in particular people or locations? Does leadership have enough workforce data to recognise changes early?

Those questions turn workforce planning from an annual staffing exercise into something more useful: A way to identify constraints before they become obstacles to executing strategy.

RELATED TERMS

Workforce

The term "workforce" or "labour force" refers to the group of people who are either employed or unemployed.

Workforce planning

Assessing the business's present and future demands to ensure there is an adequate supply of competent workers and leadership talent is the definition of workforce planning.

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