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What Is Human Resources?

Analytics in HR

In HR strategic planning, the HR department works closely with the management team and business leaders to study current and future staffing requirements, determine skill gaps, and enforce HR tactics that will attract, grow and retain the most talented individuals. By 2030, the market will grow at a rate of 12.7%

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Strategic Workforce Planning 101: Framework & Process

Analytics in HR

As explored in our HR Metrics & Dashboarding Certificate Program , the goal of strategic workforce planning is to have a workforce with the right size, shape, cost, and agility. However, if staffing costs between departments are equal, product line B is much more profitable than product line C. The revenue per employee in B is $1.6

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10 digital payroll trends to improve employee retention

Workable

Funds for attending conferences, enrolling on courses, obtaining professional certifications, etc. billion by 2030. They can predict staffing needs and labor costs and identify potential problems or bottlenecks before they arise. This is particularly popular in the UK and US, especially among younger workers.