Why Integrated Workforce Planning Is Vital for Business Agility

Workday

The remote workforce is here to stay. Kate Lister, president of Global Workplace Analytics, estimates that by 2025, about 70% of the workforce will work remotely at least one business week each month. What effect will they have on workforce efficiency and productivity ?

Top 5 Workforce Planning Tools

TalenX

When it comes to delivering real business insights, providing a holistic view of the workforce, increasing productivity, efficiency, and effectiveness, and aligning talent and business strategies, nothing does it better than workforce planning. 5 Scenario planning.

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Customer Spotlight: Westnet Distribution improves their workforce planning strategies with Owiwi

Owiwi

In this series, we are proud to present our latest success story with Westnet, who used our innovative product to breathe new life into their workforce planning objectives. As far as Workforce Planning is concerned, Owiwi’s contribution was clear and immediate.

The Future of Workforce Planning

HR Daily Advisor

by Scott Guinn, product marketing director for HR solutions, Anaplan. One of the best investments organizations can make toward the satisfaction of their employees is in workforce planning technology and process improvements. Workforce planning examines the entire employee lifecycle and determines how to best recruit, grow, deploy, optimize, and retain employees. In addition, the future of workforce planning involves 3D modeling.

The Role Of HR Analytics In Workforce Planning

Hppy

An unprecedented increase in job openings shows that the demand for talent is forcing companies to plan better and recruit better. Workforce planning and HR analytics have become a key focus point for HR professionals around the world, as they confront new challenges in finding and retaining the right employees. 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? Workforce planning tools are instruments that help analyze current capabilities and future needs for the employee population. Strategic workforce planning map.

The Changing Workplace, Part 2: Creating New Workplace Safety Policies

Workday

In the past, once a decision was made to implement a change in workplace policy, a company could plan that the policy would stay in place for the relatively long term. Workforce Planning Governance Risk and Compliance Human Resources COVID-19

Strategies for Getting the Most Out of Your Payroll Data

Visier - Talent Acquisition

On the HR side, a healthy organization is one that is productive and happy. Using payroll metrics and ratios together with market benchmarks can tell us even more on how we compare to our competitors in our industry. Workforce Planning

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.

Five Powerful Ways Your HR Team Can Leverage Big Data

SuccessFactors

Analyzing Big Data helps businesses get better insights, understand processes within the company, make important business decisions according to patterns found in research and analysis, and plan strategic business moves. Big Data also has an affect on existing staff; for example, by learning what increases and decreases productivity, work processes can be adjusted. Planning. Survey analysis can also help HR: plan new, more effective talent-retention programs.

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. BOSTON—Burning Glass Technologies announces the release of Burning Glass Talent™ , the first workforce planning solution using real-time labor data, empowering companies to make data-driven decisions in a dynamic labor market. In a constantly changing environment, effective workforce planning is increasingly critical.

Performance Management in 2020: Key Finance Industry Insights

Reflektive

This summer, Reflektive launched a Performance Management Benchmark Report to identify both consistencies and changes in how companies run their performance programs. Where finance leaders have responded differently is in their emphasis on employee productivity.

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. And this only includes the workforce analytics component of the solution. A true people analytics solution will also be part of a people strategy platform that enables data-driven workforce planning — a capability set not supported by BI tools. Product updates.

See Burning Glass Technologies Solutions at HR Tech 2017

Burning Glass Technologies

In A Data and Skills Driven Strategy: Cisco’s Talent Cloud Empowering the Optimal Workforce , Cisco will discuss how big data analysis of millions of job postings, powered by Burning Glass technology, allows the company to stay ahead of its skills needs. Burning Glass data allows Cisco to identify emerging trends in the job market, benchmark its hiring against competitors, and engage employees with career development options.

Ask Visier: How Do You Find Out Which Employee Groups Will Drive Replacement Hiring Needs?

Visier - Talent Acquisition

You’ll know where talent gaps exist in your organization, and you’ll be able to bring in the right people for your workforce. When we look at workforce planning and hiring needs, there is another critical question—when are people likely to leave?

How 3 Organizations Solve the Skills Challenge with People Data

Visier - Talent Acquisition

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.

Workforce Management of the Future

Abel HR

Developing your workforce is an endless endeavor for almost all businesses. Looking at the latest workforce management trends, you’ll know that changes are indeed in order. The New Challenges for Workforce Management.

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? 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.”. Building your Workforce Intelligence Solution.

Visier 153

6 Areas Where People Analytics Can Help HR Get Ahead

Career Metis

This helps to even the playing field, creating more diverse, more dynamic workforces in the process. 2) Strategic and Tactical Workforce Planning. It wasn’t too long ago that workforce planning meant capturing employee entries and exists on Excel sheets.

What is HR Data Analytics & How Do We Leverage It?

Ultimate Software

But in contrast to the murky ethics of sourcing and selling consumer-driven data , leveraging internal HR data analytics to make better workforce decisions has been a key Human Resources best practice for decades. HR analytics may be referred to as people analytics, workforce analytics, or talent analytics depending on the context of the data. You can take the guesswork out of succession management and workforce planning.

Performance Management in 2020: Key Tech Industry Insights

Reflektive

Based on our 2020 Performance Management Benchmark Report , we identified interesting insights on how the tech industry has compared to financial services, health care, and other sectors. Per the 2020 Performance Management Benchmark Report , there is room for improvement here.

Why Being Data-Driven Isn’t Enough

Visier - Talent Acquisition

The end of the supply chain is where HRBPs are supposed to deliver information on the workforce, but when this piece of the puzzle is missing, HR struggles to deliver business value. For example, bad hires, regrettable attrition, cost overruns, and poor productivity are challenges HR leaders face every day. According to many studies on the topic, the global benchmark is 8 to 10 reports per manager.

Why companies should invest in People Analytics

Engagedly

Many leading and growing companies are adopting advanced methods of analyzing workforce data to enhance their employee engagement and efficiency. Companies can now understand how to engage, retain and ensure the productivity of their employees. Drives Employee Productivity.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

This overall HR metric demonstrates the increasing revenue value that your workforce is creating as a result of good HR and recruiting. And it is easily compared between firms in the same industry to demonstrate that your workforce is more productive than your competitor’s. Hiring top diversity talent into “customer and product impact jobs”. Workforce planning. The Benchmark Firm to Follow Is Google.

LinkedIn Talent Insights Gives You the Real-Time, Accurate Talent Data You Need

Linkedin Talent Blog

This is our first self-serve data product that taps into LinkedIn’s network of 575M+ professionals, 20M+ companies and 15M+ active job listings to empower you with the insights you need. You don’t have to be a data-scientist to get immense value from the product. Talent Insights is comprised of two reports, which include unique cuts of data to help you with anything from peer benchmarking and retention analysis to university recruiting. Product Updates

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. We need to build capabilities that eventually will show impact on productivity and profitability. Productivity is not an individual issue.

HR Glossary of Terms

Zenefits

Benchmarking. The process of training employees to perform more than a single job within the organization, enabling employers to develop a multi-skilled workforce. May include verbal and written warnings, performance improvement plan, suspension, demotion, or termination.

New Data on Women Breaking the Glass Ceiling

Visier - Talent Acquisition

Empowering women spurs economic growth, productivity, innovation, and trust–recent examples include the newly appointed female Citi CEO and a female CEO in Washington state leading her company to an IPO. Get context by comparing your representation to benchmarks.

The Skills Gap Analysis – A Full Guide

Digital HR Tech

This can be done through upskilling, reskilling, L&D investment decisions, succession planning, and so on. This brings me to the reasons why conducting a skills gap analysis is useful: Use 1: It gives you insights into your entire workforce.

What HR Transformations are on the Horizon?

HRExecutive

The Hackett Group’s benchmarks show the typical HR organization currently devotes half of its staff and budgets to administration and transaction processing.) The concept of self-service will radically change from today’s HR administration-centric model, emphasizing data input and information access to HCM systems, to one featuring direct access to a digital-productivity platform of information, services, tools and analytical insights for the workforce and managers.

Curbing Employee Turnover Contagion in the Workplace

Visier

Granted, not all turnover is bad — such as when weak performing employees leave — but when people, particularly top performers in critical roles , start quitting in rapid succession, it’s definitely going to negatively impact overall productivity and the bottom line. 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. Plan for Potential Triggers.

Employee Attrition: All You Need to Know

Digital HR Tech

These holes can cause burnout for your remaining employees and lower overall productivity, leading to unhappy customers. Even when the attrition is involuntary and the result of carefully planned layoffs, you need to be concerned about the future.

Global Payroll Q & A with George Delaney, CFO Immedis

Immedis

As CFO, what are your payroll/workforce planning pain points? I’m doing a lot of work around workforce capacity and utilization and the length of time it takes to go from first deciding to hire, to recruiting, onboarding, and getting new employees productive as efficiently as possible.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

This overall HR metric demonstrates the increasing revenue value that your workforce is creating as a result of good HR and recruiting. And it is easily compared between firms in the same industry to demonstrate that your workforce is more productive than your competitor’s. Hiring top diversity talent into “customer and product impact jobs”. Workforce planning. The Benchmark Firm to Follow Is Google.

HR TechStack – Performance Tracking

WhoKnows

To qualify for inclusion in the Performance Management category, a product must: Facilitate the employee performance review process. There is a lot of software & cloud based apps for modern workforce, at WhoKnows we have handpicked 68 most popular, widely used & recognized vendors in the market. ADP Workforce Now. ADP Workforce Now is easy-to-use and complete human capital management solution for companies with more than 50 employees. Kronos Workforce Ready.

Bet Big on These HR Tech Conference 2017 Sessions

Visier

With insights and benchmarks from more than 900 participants across 50 countries, this session will cover the key HR Transformation priorities and emerging technology topics every future-thinking leader needs to know. You’ll also come away with strategies that will enable your team and processes to become more real-time, productive, agile and data-driven. Find out more about what we’re planning for you !

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.) The concept of self-service will radically change from today’s HR administration-centric model, emphasizing data input and information access to HCM systems, to one featuring direct access to a digital-productivity platform of information, services, tools and analytical insights for the workforce and managers.