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Workforce Planning Is a Team Sport: Why HR and Finance Must Join Forces

MP Wired For HR

The most successful organizations know that effective workforce planning demands tight collaboration between HR and finance to drive smart decisions, control costs, and stay ahead of rapid change. Finance needs visibility into hiring trends. But siloed departments can’t keep up with today’s pace of change.

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How a Google accommodations leader’s ‘disability journey’ led her to push corporate America to rethink disability inclusion

HR Brew

She also became aware of how widespread the issue is in corporate America: While 90% of companies claimed to care about DE&I in 2022, only 4% were focused on disability inclusion, according to the World Economic Forum. At that time, it was either we would have the discussion over email or via LinkedIn recruiter messages.

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Workforce Planning is a Team Sport: Collaborating for Success

MP Wired For HR

Understanding the financial implications of hiring decisions allows HR to strategically place the right talent in the right roles, ensuring that the workforce operates at peak efficiency. HR and finance must strategically align their initiatives to ensure that cost control measures do not compromise talent acquisition.

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Workforce Planning 101: Build a Future-Ready Team with the Right Strategy

MP Wired For HR

This lens helps focus your recruiting, upskilling, and succession planning efforts. Need to know: What roles have the highest attrition? Key workforce planning metrics to track: Anticipated turnover rate Time to hire Internal promotion readiness Employee engagement scores Succession readiness index Dont just reactanticipate and act.

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10 HR Metrics for 2025: HR Data Toolkit

The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!

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Why Home-Based Care Needs Regular HR Audits 

MP Wired For HR

Enhancing Recruitment and Retention The turnover rate for caregivers is alarmingly high, often exceeding 70% in some regions. This translates to significant costs for companies, with estimates suggesting each turnover can cost over $3,500 [Source].

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How to Use Technology to Future-Proof Your Workforce Planning Strategy

MP Wired For HR

Use it to: Predict turnover before it happens Identify top performers for succession planning Build data-backed compensation and upskilling strategies Pro Tip: Use trend data to align hiring plans with anticipated growth or changes in market conditions. Cost per Hire & Training Spend Are you optimizing spend for long-term retention?

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10 HR Metrics to Track in 2024

Discover the power of HR metrics. Master recruiting, control skyrocketing labor costs, and reduce turnover rates. Get insights into key metrics like Time-to-Fill, Cost-per-Hire, and Turnover Rate. Equip your business for success in 2024.

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Global Hiring Guide: Top Emerging Fintech Hubs

The fintech industry is growing exponentially — in the first quarter of 2022, the sector saw a 182 percent increase in tech job growth. This shortage could cost 8.5 Highly skilled global candidates are available to hire — companies just need to know where to look for them. The best strategies to hire in these talent hubs.

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Two Sides of the Same Coin: Recruiting & Retention

Speaker: Caitlin MacGregor, CEO and Co-Founder of Plum

Authentic employer branding is reflected in recruitment and retention efforts. Failing to modernize an organization’s approach to attracting and retaining talent by focusing on candidate and employee experiences could result in quiet quitting, turnover, vacancies, and lost opportunities that have the potential to impact overall profitability.

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Employee Engagement 2.0: Using HR Tech to Supercharge the Employee Experience

Speaker: Rayanne Thorn Krueger - Founder & Lead Strategist of Never Enough Media, Producer & Host of HR Latte podcast

While frustrations with distributed workforces and other logistics have set in, one question has plagued every HR professional: How can we shift gears and slow attrition? August 16th, 2022 at 9:30 am PDT, 12:30 pm EST, 5:30 pm GMT Employee attitudes have progressed, and employers need to catch up. Can Technology Help?

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How to Leverage Your Employment Brand and Beat The Great Recession

Speaker: Eric Torigian, Managing Director, Advisory Services, CHRO Solutions

As a result, companies who do this are seeing a 43% drop in hiring costs and a doubled talent pool. While this may seem backwards, studies have shown that companies have an 80% success rate in attracting candidates and retaining employees when they use this strategy. Thus, putting them in a position to beat the great recession.

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The Best Employee Benefit - Financial Wellness

Speaker: Matt Bahl –– VP, Market Lead Workplace Financial Health at Financial Health Network

Businesses have an excellent opportunity to strengthen their employer brand by investing in their current financial wellness programs––thus increasing their chances for attracting, retaining, and recruiting talent. How financial wellness helps with recruitment/retainment. June 8, 2022 at 12:30 pm PST, 3:30 pm EDT, 8:30 pm GMT.

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2020 Report: The Future of HR

The landscape of HR is shifting from everyday HR functions to strategic HR initiatives like recruiting, people & labor cost management and more. Why 48% of business leaders believe many core HR functions will be automated by 2022. Download Paycor’s 2020 Report and see what the future has in store.