Remove 2022 Remove Data Remove Productivity Remove Workforce Planning
article thumbnail

The most important part of workforce planning is skills intelligence

Eightfold

An organization’s workforce plan is a huge roadmap that should set it up for success, covering several years and every aspect of the business. For many, “workforce planning” means focusing on managing costs, and deducing where the largest ticket items are on the profit and loss statement.

article thumbnail

Case Study: Strategic Workforce Planning for Rail Infrastructure Managers

Analytics in HR

This requires tremendous changes in the current workforce. In this case study, strategic workforce planning is applied to solve this national problem, impacting millions of commuters. A few particulars in the context were important to understand how strategic workforce planning was approached. Curious how?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Global Coffee Giant Transforms Store Staffing, Increases Efficiency by 65% with AI-Powered UKG Technology

UKG

After deploying UKG Strategic Workforce Planning , Costa Coffee increased staffing efficiency by nearly 50% during the Christmas season and 65% immediately thereafter. Headquartered outside London, Costa Coffee’s corporate-owned locations employ thousands of full-time, part-time, and fixed-term workers at 1,600 sites across the U.K.

article thumbnail

Why HR Needs Data-Driven Workforce Planning to Avoid Talent Shortfalls

Visier

In the following graph, we see how many hires are being made, by comparison to the number of job openings: For nearly the entire history of the JOLTS data, more hires are tracked than job openings, but recently this relationship has switched. Today, HR has the opportunity to enter the spotlight again as a leader in workforce planning.

article thumbnail

UKG Solution Demand Drives Outstanding Second-Quarter Fiscal 2023

UKG

The 2022 Gartner Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises report, which gave UKG Pro the highest overall score for North American Midmarket Use Case for the seventh consecutive year.

article thumbnail

Overstaffing: Why It Happens and How To Avoid It in 5 Steps

Analytics in HR

As an HR professional, you need to ensure workforce optimization. Too little staff can lead to heavy workloads and decreased productivity, while too much staff can create an environment of inefficiency and wasted resources. Lower productivity Having too many employees can result in decreased productivity due to inefficiencies.

article thumbnail

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.