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A Guide to Strategic Workforce Planning

Analytics in HR

Workforce planning is often mentioned – but rarely explained. What is workforce planning, and how do you do it? When used well, strategic workforce planning enables HR to plan for the capabilities they need in the future. What is Workforce Planning? Workforce planning and HR analytics.

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View from the HR Tech Show Floor: Top 5 Workforce Trends

Visier

Bureau of Labor Statistics predicts that by 2015 millennials will overtake the majority representation of the workforce, as baby boomers retire in greater and greater numbers. HR will face challenges of engaging and retaining newly hired millennials, while also ensuring the knowledge and skills of retiring baby boomers are maintained.

Trends 150
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2014 HRPS Global Conference: Empower Your Talent with Purpose

Cielo HR Leader

Challenges such as the impending retirement cliff, an increasing skills gap and talent shortages, as well as the persistent difficulty of retaining top employees—who are creating havoc across all companies and industries. At the 2014 HRPS Global Conference held in La Jolla, California, innovation and “purpose” were primary focuses.

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Empower your line managers with powerful people payroll analytics

Ascender

” – Rachel Botsman, AHRI HR Technology Conference 2014. To prevent an impending turnover disaster, a large US-based energy conglomerate used analytics to assess how many employees would retire per year, what sort of workers were required to replace them, and where those individuals might come from.

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Predicting Employee Turnover using R

Analytics in HR

Traditional approaches such as employee engagement surveys and proper training for managers are important components of a good workforce planning strategy. The termination rate jumped from about 2% in 2014 to almost 5% in 2015. First, we see that a spike in layoffs occur in 2014–15, compared with no layoffs before 2014.

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

i4cp

boomer retirements, declining birth rate, etc.) And although the November figure is preliminary, if it holds it will have been the lowest hiring rate since the summer of 2014 (excluding March and April of 2020 for obvious reasons.) But that still is a significant gap, and demographic considerations (e.g.,

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

i4cp

boomer retirements, declining birth rate, etc.) And although the November figure is preliminary, if it holds it will have been the lowest hiring rate since the summer of 2014 (excluding March and April of 2020 for obvious reasons.) But that still is a significant gap, and demographic considerations (e.g.,