Remove CHRO Remove Data Remove Retirement Remove Workforce Planning
article thumbnail

How HR Can Create a Comprehensive Talent Strategy

Analytics in HR

It’s a strategic data-based approach to workforce planning that allows you to focus on internal mobility, flexibility and diversity. Look at workforce supply and demand, demographics, current and future skills shortages (or surpluses), workplace trends and the labor market to help your organization with their workforce planning.

article thumbnail

What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. HR: Facilitates strategic workforce planning to align talent with business objectives.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Bureau of Labor Statistics (BLS) Data – What does it mean for HR? (i4cp login required)

i4cp

About the data The latest U.S. Bureau of Labor Statistics (BLS) data was released last week. This included the JOLTS (Job Openings and Labor Turnover Summary) data and The Employment Situation report. The JOLTS data is current through November (preliminary), while the employment data is for December 2023 (preliminary).

article thumbnail

New Bureau of Labor Statistics (BLS) Data – What does it mean for HR? (i4cp login required)

i4cp

About the data The latest U.S. Bureau of Labor Statistics (BLS) data was released last week. This included the JOLTS (Job Openings and Labor Turnover Summary) data and The Employment Situation report. The JOLTS data is current through November (preliminary), while the employment data is for December 2023 (preliminary).

article thumbnail

Think You Know Your Total Cost of Workforce? Think Again.

Visier

This is because, in too many organizations, just finding the data can take several months, and as a result, this kind of overwhelmingly large project is only considered when it can no longer be avoided. The reason the data is so hard to find is because it’s contained in a number of disparate systems.

article thumbnail

Why We Will All Love the New HR

Visier

An estimated 50 percent of the oil and gas industry’s workforce is set to retire in the next five to seven years, a phenomenon known as the Great Crew Challenge. Largely because one of the biggest demographic changes to the makeup of the labor market is upon us — the retirement of the baby boomer generation.

article thumbnail

The Best Way to Prove the Worth of the Talent Function

Visier

This means that, in addition to considering human dynamics, the modern CHRO has the challenge of helping the company develop resource plans that are matched to financial expectations while delivering or exceeding desired business outcomes. Download the full Harvard Business Review report: The Changing Role of the CHRO.