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Driving Innovative Business Models through Workforce Planning

hrQ

Workforce planning is one of the most critical competencies for an HR organization. Workforce planning can help a business answer questions ranging from how many people it needs, where they should be located, what jobs they should do, how much they should be paid, and even whether they should be working for your company.

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Prepare for Nurse Retirements and Shortage with Intelligent Workforce Planning

Visier

In fact, a 2010 IBM Global CIO study found that more than 90% of healthcare CIOs from top-performing organizations are making insight and intelligence a key focus over the next three to five years. This is good news for the HR department, since analytics will enable them to take data about their workforce and turn it into actionable insight.

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Diagnosing and Preventing Nurse Burnout Using People Analytics

Visier

Nurse burnout–a state of physical, mental and emotional exhaustion caused by chronic stress–is a common problem in healthcare, one that came up often when I served as Director of Workforce Analytics and Special Projects at Vancouver Coastal Health, one of the largest healthcare organizations in British Columbia.

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People Analytics and HR-Tech Reading List

Littal Shemer

It is primarily focused on examples related to the analysis of people and talent, and includes a step-by-step guide and easily reproducible examples and code so that the methods can be put into practice immediately” The Science of Dream Teams: How Talent Optimization Can Drive Engagement, Productivity, and Happiness Mike Zani (2021).

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One of Those Newfangled Experiments

Compensation Cafe

He plans to keep his own pay at $70,000 until the company earns back the profit it had before the new pay scale practice. The $70,000 figure is just below the $75,000 salary pegged in their 2010 Princeton University study as an ideal benchmark for achieving happiness. There’s no evidence that happy workers are productive workers.

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What if We All Had the Same Salary?

Compensation Cafe

There are so many new compensation “experiments” going on these days it’s difficult to keep up with them all. Dan Price, founder and CEO of Gravity Payments, a credit-card payment processing company, plans to raise the salary of even the lowest-paid clerk, customer service representative and salesman to a minimum of $70,000.

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Purpose at Work: What Does the Future Hold?

Analytics in HR

Some of them have to pivot also, sometimes, because they discover their purpose in a very different way and create new products or new ways in which they have their unique contribution to the world by continuously knowing that it’s something that is going to be continuously shaped, and never final. All of those are a reality.

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