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WorkforcePlanning Is a Team Sport: Why HR and Finance Must Join Forces June 10th, 2025 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Workforceplanning is no longer optional. Workforceplanning is a team sport—and your best competitive edge. And it’s definitely not just HR’s job.
As workforce dynamics continue to shift with the rise of hybrid work, automation, and global talent mobility, HR software plays a critical role in helping businesses forecast future workforce needs with accuracy and agility. For more relevant posts: What You Need to Know About People Analytics to Improve HR?
Rent” is a common dichotomy in technology buying, but what does it mean when applied to people analytics? The race to adopt people analytics is heating up: according to the Bersin by Deloitte HR Technology Disruptions for 2018 report , “people analytics is now a must-have discipline within HR and business.”.
Analytics Unleashed: Practical Applications in HR Analytics can be an intimidating word for many HR professionals, often conjuring images of endless spreadsheets, eye-watering pivot tables, and a level of technical complexity reserved for data scientists alone. Next, theres the all-important art of workforceplanning.
After breaking down cross-industry data on the number of paid time-off days that organizations offer, we explore some of the most common reasons employees don’t get the rest they need and recommend three broad areas where HR can intervene: culture, policy and planning.
At our Outsmart panel , Solving the Skills Challenge with Data, Ian Cook , Visier’s VP of People Analytics, spoke with three experts about the challenges of skills development in today’s workforce. This knowledge provides companies with the foundation of data they need for effective workforceplanning.
But do you conduct strategic workforceplanning? Many companies discuss staffing when it’s time to establish annual goals and set a budget. Perhaps the desire to increase profits in the upcoming year demands headcount adjustments, and so plans are made to grow or reduce staff, contractors or consultants.
Key Services: Recruitment and Temporary Staffing Talent Development Career Transition and Outplacement Payroll and Compliance Services HR Consulting Why It Stands Out Adecco’s strong emphasis on skill development and upskilling through their Adecco Academy is one of their key differentiators.
These tools are part of Bobs move toward predictive analytics, allowing HR leaders to anticipate workforce trends and make proactive decisions. Strategic workforceplanning for a resilient future The pandemics impact on workforce scaling was a double-edged sword.
Strategic workforceplanning enables HR and business leaders to identify and anticipate their workforce needs and challenges and take action to ensure the organization is prepared to succeed not only today but in the future. Contents What is strategic workforceplanning?
Supporting workforceplanning: HR uses data and metrics to anticipate and address current and future staffing and talent needs, ensuring the organization has the right people in the right roles. HR KPI examples The KPIs used in an organization are unique.
This strategic overhaul enables HR teams to focus on strategic initiatives such as workforceplanning, skills development and culture building instead of routine administrative tasks. Analytics: data-driven insights for retention and talent acquisition. Integrates global payroll, compliance and analytics for unified reporting.
With AI-driven talent acquisition, real-time workforceanalytics, and automated compliance tracking, Workday HCM is a powerful tool for large healthcare organizations looking for a comprehensive HR solution. The software provides AI-powered workforceanalytics, advanced compliance tracking, and a mobile-friendly interface.
The race to adopt workforce intelligence is heating up: according to the Deloitte Human Capital Trends 2016 report , “companies are no longer ‘stuck in neutral’ in their deployment of people analytics… Indeed, analytics capabilities will be a fundamental requirement for the effective HR business partner.”. How much must you do?
This article lists the eleven best HR analytics courses in the world today. Getting started with HR analytics – also called People Analytics – is a big step for a lot of people and organizations. An HR analytics course that answers these questions can be invaluable. 2: People analytics – University of Pennsylvania.
AI and analytics integration Modern HR automation platforms integrate AI and machine learning to analyse trends and forecast outcomes. AI-driven analytics capture data at every step – from recruitment metrics to performance evaluations – feeding dashboards that highlight bottlenecks and opportunities.
How to track : Separation data : Track the number of employees leaving the company within a specific period and calculate the turnover rate as a percentage of the total workforce. Benchmarking : Compare turnover rates with industry standards to assess whether your rate is above or below average.
For some organizations, the labor budgeting and workforceplanning components of HCM may include adjusting work schedules to provide proper coverage across business areas. Workforceanalytics Your employee data can offer valuable insights into workplace practices and employee satisfaction.
Getting started with HR analytics – also called People Analytics – is a big step for many HR professionals and organizations, and an important one, too. Formal training, such as an HR analytics course, can help you build analytical skills that you need to play a more significant and strategic role within HR.
HR teams gain automated reporting and predictive analytics, freeing them from routine tasks. AI and analytics: The future is now Today’s HR technology trends 2025 emphasise artificial intelligence and advanced analytics. Smart scheduling tools balance workforce availability and labour laws.
Workload management and adequate staffing and scheduling also impact frontline engagement. This flexible, team-based learning solution equips HR professionals with practical, future-ready skillsfrom performance management to people analytics and communication frameworksso they can build engagement strategies that truly move the needle.
Maintain a sufficient level of staffing in order to deliver on their business model (the right time). To determine how to align and sustain these three objectives, HR uses some form of workforceplanning. Instead, HR and workforce planners should be looking to people analytics to enable them to make better strategic decisions.
Unlike traditional staffing agencies that focus on filling specific positions, RPO providers take a more holistic approach, integrating seamlessly with an organizations HR team to manage end-to-end recruitment functions. The process includes workforceplanning, talent sourcing, screening, interviewing, offer management, and onboarding.
Workforceanalytics is no longer a nice-to-haveits essential for strategic HR decision-making. In 2025, the best workforceanalytics software goes far beyond basic reports, offering predictive insights, AI-driven recommendations, and seamless integrations with existing HR tech stacks. What is WorkforceAnalytics Software?
Understanding your organization’s strengths, weaknesses, and future needs in terms of its workforce is essential to making effective staffing decisions. Conducting a workforce analysis helps you do just that. Contents What is workforce analysis? Why should you conduct a workforce analysis?
has come to the realization that strategic workforceplanning is a necessity for the organization. Baby Boomers make up a significant portion of the company’s current workforce, and their retirement over the next few years could cause serious staffing shortages in key positions. Strategic workforceplanning map.
Mapping out a strategy of all the positions you need to hire and the recruitment expenses that go with it (job ads, staffing agency fees, onboarding costs) enables you to make an informed decision in planning your budget to account for your staffing requirements. You will need all this for effective headcount planning.
Key takeaways from People Analytics World, London 2018 – Part 1. People Analytics World is a leading European annual conference on HR Analytics, WorkforcePlanning and Employee Insight, in which I was privileged to attend on April 2018. Move from report about the past to real time and to predictive analytics.
That's where workforceanalytics software comes in. Workforceanalytics software compiles all of your data in a central location, where you can evaluate and compare a variety of metrics. In this article, we're covering the benefits of workforceanalytics and some of the most powerful software options you can choose from.
Liaising with the management team, the chief talent officer sets the strategic vision and priorities for the company’s staffing operations. The chief talent officer creates processes to optimize hiring, build relationships for candidate pipelining and succession planning, and manage short and long-term staffing requirements.
Core HR/Workforce Best Midsize Business-Focused Solution Paycor Winner Paycor is well-suited to the realities of midsize employers, offering an agile yet comprehensive solution that balances automation, analytics, and ease of use. Congratulations to the winners! GoCo is making this a reality for its clients.
The Hackett Group’s benchmarks show the typical HR organization currently devotes half of its staff and budgets to administration and transaction processing.) Designed for omni-channel accessibility and enhanced by analytics and AI, it will draw on company-wide and external capabilities. Smart automation (e.g., Advertisement.
Most job focus on administrative tasks and basic reporting, very much in line with what van de Heuvel and Bondarouk noticed in 2016: HR analytics is focusing on very basic tasks. staffing, compensation, benefits, learning, employee data); preferably for a large multi-state company as an analyst or coordinator. Responsibilities.
Additionally, HR leaders need analytics to do the following more effectively: Hire talents that align with the company culture Use each team member’s skills to the highest potentials Maintain the level of staffing sufficiently enough to deliver the company’s business model.
With BI software, you’ll be able to use data for multiple tasks (like staffing, budgeting, and risk analysis) more efficiently than competitors that rely on conventional business analytics tools. It compiles the data and presents it visually so you can evaluate it against benchmarks. Online Analytical Processing (OLAP).
HR tech solutions provide agile talent management tools that enable businesses to quickly adjust their staffing levels, roles, and responsibilities in response to changing market demands. HR tech platforms offer robust analytics capabilities that provide insights into workforce trends, performance metrics, and cost projections.
The Hackett Group’s benchmarks show the typical HR organization currently devotes half of its staff and budgets to administration and transaction processing.) Designed for omni-channel accessibility and enhanced by analytics and AI, it will draw on company-wide and external capabilities. Smart automation (e.g., Advertisement.
Over the last two decades, we’ve seen almost all corporate functions infuse analytics into their businesses. Today, organizations have to redefine what it means to be “data-driven” as technology and analytics capability continue to change and aggressively mature. The data hurdles HR faces.
They can also facilitate more agile decisions, optimize workforce efficiency, and better align staffing strategies with long-term business goals. Contents What are workforce management metrics? What are workforce management KPIs? This can lead to employee burnout, higher turnover, and increased labor costs.
Lack of Efficiency According to SPI’s 2025 Professional Services Benchmarks Report , 2024 saw an upswing in bookings forecasts reaching 166% even though there was a downturn in realized revenue. It also reduces inefficiencies such as double-booking, underutilization, and staffing mismatches—common challenges in siloed environments.
Blueprints for Smart Staffing: Real-World WorkforcePlanning Success Stories In today’s stop-start economy, the line between “lean” and “under-resourced” is razor-thin. That’s why forward-thinking companies are leaning on workforceanalytics for agile teams. Fewer staffing surprises and more capital for innovation.
These companies are staffed with experienced professionals who leverage their expertise, technology, and industry insights to find and onboard the most suitable talent for their clients. Randstad As a global leader in the fields of HR and staffing, Randstad brings its comprehensive expertise to the realm of RPO services.
Strong influence on business direction: HR helps shape culture, workforceplanning, and leadership strategy at the highest level. Advantages Disadvantages Tight control over personnel costs: Workforce expenses, including salaries, benefits, and hiring, are carefully monitored and optimized, ensuring cost efficiency.
This list of People Analytics and HR-Tech books is not exceptional. So here is my People Analytics and HR-Tech reading list on Kindle (no paper books, as I like the trees), ordered chronologically from newest to oldest. People Analytics – Build the Value Chain This book, by Littal Shemer Haim , is not a typical textbook.
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