In any organization, it is a routine fact that some employees leave the organization deliberately due to retirement, physical or psychological illness and demise. This is common whenever there is policy decision for ennoblement in salary, marketing and the objectives of the organization. This leads to wastage or attrition. To overcome this manpower wastage, new recruitment is indispensable. Based on the requirement of the organization, quality employees are selected and recruited at the right time in right quantity. Manpower planning helps in achieving this effectively, also recognize excess and inadequacy manpower areas and thereby maintains equilibrium. Continual recruitment affects the reputation and financial status of the organization. Hence recruitment can be adjourning till a point called breakdown point. Due to shortfall of manpower, beyond the breakdown point, the daily routine of the organization will be affected. This degree of allowable manpower reduction is called threshold. In this paper a stochastic model to estimate the expected time to recruitment with four sources of reduction of manpower wastage using correlated interarrival time has been determined. This gives maximum solution, as it deals with the expenses of continual recruitment, reduction of manpower and the expenditure of reduction of manpower using the result of Gurland (1955) and Esary et. al., (1973), a Stochastic model for Manpower planning with Multiple Depletions has been discussed. Numerical illustrations are also provided.
