The Future of Workforce Planning

HR Daily Advisor

One of the best investments organizations can make toward the satisfaction of their employees is in workforce planning technology and process improvements. Workforce planning minimizes the likelihood that employees, teams, and organizations will have their needs unmet.

The Role Of HR Analytics In Workforce Planning

Get Hppy

An unprecedented increase in job openings shows that the demand for talent is forcing companies to plan better and recruit better. Companies cannot hire fast enough to keep up with their workforce demands.”. The challenge of workforce planning.

5 Essential Workforce Planning Tools for any HR professional

Analytics in HR

Workforce planning tools are an essential part of the HR professional’s toolkit. In this article we’ll go over 5 strategic workforce planning tools, explain their use and give examples and excel templates on how to use them. What are workforce planning tools?

Benchmarking & What-If Analysis

Vemo

Benchmarking Metric Benchmarking can be a great way to compare your metrics to industry best practices, however accessing relevant benchmarking data for you industry is not always easy to obtain or broadly available for every industry.

Inspire Data-Driven Change: Key Takeaways from Outsmart 2019

Visier

From the very beginning of Outsmart 2019 –our annual people analytics and workforce planning conference–the data-driven leaders were told to: “Inspire change, together.”. We also have a lot of data that we’re afraid to confront. What’s our uncomfortable data in HR?

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Five Powerful Ways Your HR Team Can Leverage Big Data

SuccessFactors

The term “Big Data” seems mysterious to many HR organizations. Big Data describes the huge amount of data, both structured and unstructured, that people and systems are using. But only the data that affects business greatly on daily basis counts. Planning.

Burning Glass Talent™ Mines the Data Employers Need to Match Hiring With Strategy

Burning Glass Technologies

New Burning Glass Technologies product guides firms in making data-driven decisions to improve their workforce. In a constantly changing environment, effective workforce planning is increasingly critical.

Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for People Analytics

Visier

While the same talent challenges are spurring companies to become more data-driven in workforce decision making, the approaches they are taking fall mainly into two different camps: build or rent. Data warehouse software licenses. Data integration tools licenses.

Workforce Analytics: The world is bigger than your HRIS

Burning Glass Technologies

In a data-driven world, HR teams are increasingly taking notice regarding the importance of workforce analytics. But analysis is only as good as the data from which it is drawn. Said another way, internal HR data only tells the first part of the story.

Human Resources Needs a Common Language for Managing Business Data

Oracle HCM - Modern HR in the Cloud

HR Big Data With modern HR systems now producing, collecting, and storing reams of data, a next logical step is to make sense of it all to enable intelligent business decisions. We see an early example of big data being collected and shared by companies such as Glassdoor and Salary.com.

3 Ways Professional Services Firms Can Prosper

Workday

With the release of Service Performance Insight’s “2017 Professional Services Maturity Benchmark,” it’s clear the professional services industry continues to face challenges. Both revenue and headcount growth continue to decline while workforce attrition is increasing. Per the benchmark study, careful investments in workforce planning, employee engagement, and talent-driven innovation are distinguishing top performing professional service organizations.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

Talent Data ” I explained how you can impress your CEO by converting your Talent Acquisition results into dollars. This overall HR metric demonstrates the increasing revenue value that your workforce is creating as a result of good HR and recruiting. Workforce planning.

See Burning Glass Technologies Solutions at HR Tech 2017

Burning Glass Technologies

We’ll be showing off the latest Burning Glass Technologies solutions for human capital management at the HR Tech 2017 Conference this week—including how Cisco Systems is using our real-time labor data to make talent decisions.

Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for Workforce Intelligence

Visier

“Build vs. Rent” is a common dichotomy in technology buying, but what does it mean when applied to workforce intelligence? Building your Workforce Intelligence Solution. Recently, I learned about a large software organization’s quest to build a workforce analytics solution.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

Talent Data ” I explained how you can impress your CEO by converting your Talent Acquisition results into dollars. This overall HR metric demonstrates the increasing revenue value that your workforce is creating as a result of good HR and recruiting. Workforce planning.

Understanding Your Most Important Asset

Talent Analytics

Excerpts from People Analytics in the Era of Big Data: Changing the Way You Attract, Acquire, Develop, and Retain Talent – contributor Pasha Roberts. Given this importance, it’s a bit strange that data science is only beginning to look inward at the workforce.

Amazon Coming to Town? Mitigate Talent Shortfalls with People Analytics

HR Daily Advisor

With Amazon planning to hire upwards of 50,000 employees, this fear should be taken seriously. A data-driven process is one smart strategy that business leaders can take to mitigate the risks—and find the opportunities—associated with Amazon’s big move. Data demystifies employee churn.

EHRG Annual Conference May 7th and 8th hosted by Entergy

Vemo

Several of the energy group members participate in an annual survey that provides valuable industry benchmarking and Vemo looks forward to presenting the 2017 results live at the conference.

Identify Your HR Needs To Determine The Appropriate Analytics Solution

Analytics in HR

However, many human resource (HR) leaders constantly intermingle people analytics with workforce analytics and talent analytics. Although the first human resource information system (HRIS) was introduced back in 1987 , it was really the introduction of workforce planning and talent management solutions that gave both clients and vendors the current road map for development, innovation and practice. The Evolution Of Workforce Planning And Talent Management Solutions.

Curbing Employee Turnover Contagion in the Workplace

Visier

Instead, HR can take a more data-driven approach to pinpoint the problem, predict risk of exit for individuals, and plan for the most vulnerable situations. This is where data gathered from sociometric badges — which identify informal team relationships — can be a help.

HRExaminer Watchlist: Analytics Integration: OneModel

HR Examiner

Category: Data Workbench. OneModel takes the clients data, as is, and integrates it into a customizable set of People Analytics. OneModel fits neatly into the Data Workbench bucket. OneModel is designed to integrate the entire range of data sources within an HR Department.

Predictive Analytics - See the future of your organization

Vemo

But without supporting data, any opinion is nothing more than an educated guess. By using data to inform decisions about the future. Predictive analytics allows you to discover, analyze and act on data.

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Understanding the Employee Engagement Survey Provider Landscape: A Guide to the 6 Vendor Types -

Decision-Wise

We recommend pulse surveys as a compliment to a yearly comprehensive employee engagement survey to target specific initiatives and to gauge action planning progress.

Be careful! These books can change your career: People Analytics and HR-Tech reading list

Littal Shemer

Artificial Intelligence for HR: Use AI to Support and Develop a Successful Workforce. Artificial Intelligence for HR empowers HR professionals to leverage this potential and use AI to improve efficiency and develop a talented and productive workforce”. Be careful!

How Digital Tech is Changing HR

HRExecutive

The Hackett Group’s benchmarks show the typical HR organization currently devotes half of its staff and budgets to administration and transaction processing.) Increasingly detailed data about candidates will fuel advanced analytical analysis.

Bet Big on These HR Tech Conference 2017 Sessions

Visier

He’ll cover important digital topics on design thinking, data science, personalization, and new skills every HR leader needs today. . You’ll also come away with strategies that will enable your team and processes to become more real-time, productive, agile and data-driven.

Key takeaways from People Analytics World, London 2018 – Part 1

Littal Shemer

People Analytics World is a leading European annual conference on HR Analytics, Workforce Planning and Employee Insight, in which I was privileged to attend on April 2018. Fortunately, the conference organizers offered interactive tools that helped me to plan my agenda in advance.

Bet Big on These HR Tech Conference 2017 Sessions

Visier

He’ll cover important digital topics on design thinking, data science, personalization, and new skills every HR leader needs today. . You’ll also come away with strategies that will enable your team and processes to become more real-time, productive, agile and data-driven.

Bet Big on These HR Tech Conference 2017 Sessions

Visier

He’ll cover important digital topics on design thinking, data science, personalization, and new skills every HR leader needs today. . You’ll also come away with strategies that will enable your team and processes to become more real-time, productive, agile and data-driven.

Understanding the Employee Engagement Survey Provider Landscape: A Guide to the 6 Vendor Types - DecisionWise

Decision-Wise

We recommend pulse surveys as a compliment to a yearly comprehensive employee engagement survey to target specific initiatives and to gauge action planning progress. The service typically includes a standard employee survey with little or no customization, templated reports, benchmarking comparisons, and prescribed recommendations. They offer many additional services including help with mergers and acquisitions, compensation plans, workforce planning, and benefits structuring.

Get Onboard the HR Analytics Movement

Brandon Hall

In fact, 41% of organizations told Brandon Hall Group that the second biggest driver of human capital management (HCM) technology acquisition was to enable better reporting and analytics of HR data. Use technology to extract existing workforce data relevant to the questions.

Talent Analytics: Lessons Learned from Fantasy Football

Oracle HCM - Modern HR in the Cloud

This scarcity demands a deeper level of insight into workforce management to keep high-performing teams in the game. Phase 1 requires data consolidation, fundamental compliance and reporting capabilities, and proficient use of talent analytics. Inclusion of some external data sources.

The 4 Myths of Hiring Employees for Your Business

Zenefits

There’s a common cultural story around today’s workforce is that’s comprised of three main ideas: (1) employees are showing less loyalty to their employers, (2) people are switching jobs without much consideration, and (3) Millennials can’t (or won’t) hold a job.

Organizational Agility: Resources and Insights

i4cp

Results and findings from i4cp's Agile Leaders & Organizations Study , intended to create benchmarks on various aspects of leadership & organizational attributes that differentiate agile and resilient organizations, will be previewed to i4cp members in December and debut in early 2018. Data from i4cp’s new joint study with the ROI Institute on workforce analytics will be shared in December with i4cp’s Exchanges as we close out our People Analytics series.

Promoting from Within Should Be a Priority

HSD Metrics

A compilation of the skills, education and experiences of current employees will help guide workforce planning. A recent Nexxt survey found that 78% of people plan on looking for a new job in 2019, so it is vital to ensure your employees are happy and feel engaged with the company.