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5 Steps to Avoid Talent Shortfalls Using Data-Driven Workforce Planning

Visier

Companies with poor workforce planning were at risk of going out of business or being sold off. As a result, almost all large companies dedicated an entire department to workforce planning, and HR played a powerful role. Today HR has the opportunity to enter the spotlight again as a leader in workforce planning.

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

CCI Consulting

First, some facts about employee turnover: The 2021 quit rate is consistent with other post-recession data (i.e., a 28% quit rate in 2001 and 2010, following the 2000-2001 and 2008-2009 recessions). The average quit rate increased each year from 2009 – 2019.  So, how is history repeating itself? more retirements than normal. 

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Understanding the Ecosystem of Managed Direct Sourcing Suppliers

LiveHire

Meanwhile, the latest data from Ardent Partners indicates that 46.5% of the US workforce now comprises non-employees (i.e. With the rapid rise of the contingent workforce, there is a heightened need for business model evolution to keep pace with the demands of this changing dynamic. . contingent workers). Where to from here?

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Workforce Planning for Your Next Fiscal Year in a Time of Uncertainty

Cisive

H-E-B established a crisis response team in 2005 to plan for various scenarios from natural disasters to health crises. The Value in Scenario Planning and Being Agile in HR. It’s essential to be able to work with data that guide these different situations and scenarios, and data is where you begin.

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Assessing Values in Online Technology Part 4

HR Examiner

We’re finishing up the series today in part four with the data from the 90-day study where we racked up 450+ hours watching demos, asking questions, and working to understand the business model and technical approach of 110 companies. Survey data was collected in Euroope (22%) and the US (78%). Workforce Planning.

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Curbing Employee Turnover Contagion in the Workplace

Visier

An academic study published in 2009 found that coworkers’ job embeddedness and job search behaviors “explain variance in individual voluntary turnover over and above that explained by other individual and group-level predictors.”. Otherwise, examining project team data can be of benefit. Plan for Potential Triggers.

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The Big Shift: Demand for Future Work Skills in 2021

HR Digest

While HR teams complete workforce planning, they will keep an eye on auditing current talent capabilities and anticipate future skills, assuring survival and growth, rather than extinction. When I was a technology marketing exec in 2009, I heard the words nurture marketing. Big data specialists. The Skills Dilemma.