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Forget the Catchy Headlines – It Is Time for HR Leaders to Get Serious About Workforce Planning

CCI Consulting

a 28% quit rate in 2001 and 2010, following the 2000-2001 and 2008-2009 recessions). A core problem over the past few decades is that too many companies stopped dedicating the appropriate amount of time and energy to workforce planning and moved away from talent programs that provide the career experiences employees seek.

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People Analytics and HR-Tech Reading List

Littal Shemer

If you are interested in additional free resources for data science and R programming, check the comment section of this post. This book is a learning resource on inferential statistics and regression analysis. “The future of the Human Resource Management profession is inextricably linked to understanding data analytics.

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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Human Capital Management (HCM) is a strategic approach to managing an organization's workforce, encompassing a range of practices and processes to maximize the value of human resources. Compensation and Benefits: Compensation Planning : Helps design and manage salary structures, bonuses, and other forms of compensation.

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New Bureau of Labor Statistics (BLS) Data – What does it mean for HR? (i4cp login required)

i4cp

The current rate of job openings remains well above any monthly rate for 2019, the year prior to the pandemic—but also any month in the history of his data series going back to 2001. million more job openings than any month from 2001 to 2020. And it remains well below 2019 and every year going back to 2001.

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New Bureau of Labor Statistics (BLS) Data – What does it mean for HR? (i4cp login required)

i4cp

The current rate of job openings remains well above any monthly rate for 2019, the year prior to the pandemic—but also any month in the history of his data series going back to 2001. million more job openings than any month from 2001 to 2020. And it remains well below 2019 and every year going back to 2001.

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The Latest BLS Data Reinforces HR Leaders’ Top Priorities for 2023 (i4cp login required)

i4cp

As shown at right, that quit rate remains far above any month from 2001-2021. in November—essentially the same rounded number it has been all of this year, and lower than any year from 2001-2021. Workforce planning. The quit rate at 2.7% seen in November and December of 2021. million vs. 1.445 million).

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Talent Management Models for HR in 2020

CuteHR

Where on one hand organizations comprehend the need to allocate time and resources to talent management, many times they fail abysmally to realize this aspect into reality. Research by Conger and Lawler indicates that when it comes to issues of human resources or talent management, the boards comparatively dedicate less time.