Remove 2023 Remove Retention and Turnover Remove Retirement Remove Succession Planning
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Importance of Construction Workforce Planning | ClearCompany

ClearCompany HRM

The industry averaged 445,000 job openings per month in the last three months of 2023 —a record number. More than half of contractors say they plan to increase their headcount, but it’s clear the demand for skilled workers is far outpacing supply. Construction companies are in the midst of a labor shortage that isn’t letting up.

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Talent Planning 101: The Ultimate Starter Guide (For 2023)

Analytics in HR

Forecasting is also used to determine shifts in the labor market, turnover rates, and retirement projections to help businesses identify what skills they will need in the long term. Succession planning Succession planning is a strategy businesses use to pass down leadership roles to more junior staff members.

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HR in 2024: Shaping Tomorrow’s Workforce Through Bold Leadership

HR Digest

Retention strategies demand scrutiny. Consider what you’re doing to improve retention. Shanelle Reese, Chief People Officer, Wonderschool The Talent Turnaround 2023 witnessed a seismic shift in the tech landscape, with unprecedented levels of turnover fueled by layoffs, career changes, and a resurgent job market.

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2023 workforce predictions: resilience over growth

Achievers

2023 is the year of resilience for businesses around the world. To succeed today, the employee experience must remain a top focus – and the only way to thrive is to zero in on employee resilience, productivity, and retention. By doing so, leaders will benefit from both short and long-term success.

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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

Example: Annual employee turnover rate.) With the attrition drivers identified, Under Armour was able to make improvements to its employee retention efforts with enhanced people strategies , including incentives and rewards. Diagnostic HR analytics: Investigates data to ascertain the causes of past occurrences and behaviors.

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The Role of Technology in Talent Management | ClearCompany

ClearCompany HRM

It’s also essential for companies that want to keep up — 46% of HR leaders say they’re spending more on HR technology in 2023. Simplifies succession planning Think of the roles your organization can’t operate without. Do you have a plan of action if those essential roles become vacant unexpectedly?

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How this HR Honor Roll winner navigated employee trauma and growth

HRExecutive

See more: Caterpillar’s transformative CHRO is the 2023 HR Executive of the Year Leadership development, from the ground up A talent-driven business strategy, Vogel says, must center on leadership development—and that was one of her first imperatives when she joined CHS. “I