Automated Workforce Planning: Tactical or Strategic?

China Gorman

An organization’s workforce is also, however, its most expensive asset, and workforce management (the development of employees, retention of skilled talent, etc.) Automated workforce management solutions can also help to reduce unplanned overtime.

Jobs Data Analysis at Davos Shows It’s Cheaper to Reskill Than Rehire Workers Displaced by AI

Burning Glass Technologies

From both perspectives, the financial benefits of reskilling large numbers of these workers outweigh the investment in training costs, the report found.

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Finding the Right HR Datafication Solution: The 5 Most Important Questions You Need To Ask

Visier

With the “datafication of HR” as one of the industry’s hottest topics, business leaders are increasingly expecting that HR leverage the massive amounts of workforce data generated by their multiple systems. So, how do you choose the right workforce intelligence solution for your company?

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. Other implementation costs, such as the development of dashboards and training.

How To Reduce Employee Turnover with Workforce Analytics

Visier

However, knowing your turnover rate does little to support strategic business plans. HR, with its understanding of human capital dynamics, is uniquely positioned in the organization to ensure the workforce is aligned with the needs of the business at the optimal cost.

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

DecisionWise

Most companies use them to survey employees on topics such as current benefit offerings or training programs. We recommend pulse surveys as a compliment to a yearly comprehensive employee engagement survey to target specific initiatives and to gauge action planning progress.

Aligning HR and Finance

Vemo

The up front on-boarding, training, development, real estate, and technical cost is substantial and determining the likelihood of return on these investments is crucial. Vemo offers enterprise Cloud-Based Workforce Planning and Analytics technology.

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

DecisionWise

Most companies use them to survey employees on topics such as current benefit offerings or training programs. 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.

How To Reduce Employee Turnover with Workforce Analytics

Visier

However, knowing your turnover rate does little to support strategic business plans. HR, with its understanding of human capital dynamics, is uniquely positioned in the organization to ensure the workforce is aligned with the needs of the business at the optimal cost.

Diagnosing and Preventing Nurse Burnout Using People Analytics

Visier

Additionally, as the older generation of nursing staff reach retirement age , the supply of experienced nurses reduces, especially in areas that require higher levels of training such as critical care (e.g. This empowers the business to devise a plan to effectively solve workplace issues.

Workers are looking – and leaving – for career development

HR Morning

Those resources range from a knowledgeable guide to help them get settled into a new job to the ongoing training needed to acquire and apply new and advanced knowledge, skills, and abilities. But it’s the ongoing training that’s at the core of talent management —and of retention. Turnover costs include hiring, onboarding, training, ramp time to peak productivity, decreased engagement by remaining workers, higher business error rates, and general culture impacts.

How Foot Locker Can Reduce Employee Turnover with Workforce Analytics

Visier

However, even for progressive brands like Foot Locker, simply knowing the turnover rate does little to support strategic business plans. The Era of Foot Locker Workforce Analytics. Recommended Read: Why HR Needs Data-Driven Workforce Planning to Avoid Talent Shortfalls ].

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.

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. By using data and analytics, companies can create a tailored and realistic action plan aimed at retaining their employees. Strategic HR data employees turnover workforce

5 Questions That Will Help You Find the Right Workforce Intelligence Solution

TalentCulture

Finding the right workforce intelligence solution is like… well, remember what purchasing your first home felt like? However, many organizations do not have the foundational tools necessary to get the right insights from workforce analytics or to plan effectively.

10 Workforce Intelligence Cures for Improving Nurse Retention

Visier

Healthcare has long been a highly regulated industry with a diverse and specialized workforce — one that’s hard to hire and even harder to retain at the best of times. Stay on top of how workforce dynamics, such as resignations, are impacting your patient readmission rates.

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.

How to Reduce Bias in Your Recruitment Strategy

TrustRadius HR

Despite visible displays of D&I training from big-name companies, the not-so-secret secret is that recruiting diverse groups is how diverse workplaces emerge. The following steps will help you execute your goals for a more diverse workforce.

HR & Workforce Analytics Innovation (London Data Festival)

Strategic HCM

As I've posted previously, adoption of analytics in HR has been relatively slow in comparison to other departments. I'll be focusing on the HR and Workforce Analytics Innovation Summit but also attending the three other events taking place within Innovation Enterprise's London Data Festival.

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.

Book Review: Applied Psychology in Talent Management (8th ed.) by Wayne Cascio and Herman Aguinis

Workplace Psychology

In comparison, when I looked in the Aamodt (2013) I/O psychology textbook, only half a page was devoted to differential validity and the author explained the concept in one sentence! 10 Strategic Workforce Planning (SWP).