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?

21 HR Tools for Employee Engagement & Workforce Planning

Pingboard

Here’s a list of 21 HR tools that demonstrate how technology can improve employee engagement and workforce planning efforts at your organization. Employee Data Management. Like BambooHR, Namely also integrates with Pingboard and other HR tools to offer automatic data updates.

The Rise of the People Strategy Platform

Visier

As BCG captures well in their paper, When people strategy drives business strategy : “Developing a people strategy was once a straightforward matter of figuring out how to create the best possible workforce to execute an already defined business strategy.

HR Data Quality

HR Examiner

Neil McCormick and Dr. Chris Andrews discuss the need for a globally recognized, structured approach, to managing and maintaining the overall workforce data quality in organizations. HR Data Quality. His statement that ‘ Data depreciates.

Data 100

How HR Can Improve The Business Bottom Line?

Visier

When customers start using Visier, they often tell us the stories that led them to seek out a workforce intelligence solution. Due to the lack of accuracy in the workforce planning process, the business lost eight months of financial gains.

Unleash 2019: It’s All About Smart Data and Reboot(ing) HR

Visier

Your guide to Unleash from a Smart Data Perspective. So, if you are too, here’s your guide to the two+ day event based on perusing the entire “Smart Data” track, for which I actually will be the session introducer. Key sessions to attend on the Smart Data Track.

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Tackling Talent Strategically: Q&A With Harvard Business Review Analytic Services

Visier

The majority of leaders (73 percent) have experienced talent shortfalls due to poor workforce planning, according to a new report released by Harvard Business Review Analytic Services (HBR-AS). HBR-AS: How can companies shift the workforce discussion to focus on business requirements?

Can HR data save your organization millions?

HRExecutive

At the HR Tech Conference , he’ll lead a session (How to Save $10M Using HR Data, in the HR Executive track) that explores this topic in greater detail. What are some examples of how HR data can help companies save hard dollars? .

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Payroll Stats for Small Businesses

Zenefits

According to a number of studies and payroll states, every year the IRS penalizes small businesses billions of dollars for payroll errors– a burden that’s time-consuming, costly, and potentially hurtful in terms of attrition. US tax codes and the nuanced detail of payroll compliance are overwhelming at a minimum. In fact, payroll stats say that companies that outsource payroll save 18% over businesses that tackle it themselves. . Payroll

Why decluttering your employee data is so important

CheckPoint HR

Some companies are still trying to figure out how to streamline HR administration with payroll technology, which leaves little time for more strategic initiatives like workforce planning and employee engagement.

The Importance of Data Integrity in HR Systems

Pingboard

Desktop HR systems have evolved and relocated to the cloud, offering users better access to more data. One important factor in using HR systems is preserving data integrity. The post The Importance of Data Integrity in HR Systems appeared first on Pingboard.

Big Data’s Importance to HR Field Grows

Oracle HCM - Modern HR in the Cloud

HR and benefits professionals need to start using big data to move their own departments and their companies’ end goals forward. You have to have data to make good decisions,” he stressed. Still, added Bollinger, people who use data to go with their gut do better than those who do not.

The onus, or bonus, of human analytics?

Benify

As Facebook’s Mark Zuckerberg’s highly publicized congressional testimony in April 2018 confirms all too well, and somewhat uneasily depending on who you ask, companies that work with big sets of personal data know far too much about each and every one us, and make a lot of money doing it.

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? Through the analysis of this data, HR can maximize business outcomes by enabling better decisions about talent.

Deloitte Research: How Successful Organizations Use People Analytics to Drive Decision-Making

Visier

Whether you are examining your sales pipeline, the success of a marketing campaign, or employee retention, data and analytics are essential for business decision-making. Jetblue: Harnessing The Power Of Data To Challenge Assumptions. Applicant tracking system (ATS) data.

The benefits of getting privacy right

Benify

Just as the environment and sustainability came to the forefront in earlier decades as a selling point to the world, the proper protection and usage of personal data (the data decency movement as it is being called) could make or break a company in the future.

Weekly Must-Reads: Citi Trades Desks for Workplace "Neighborhoods"

Cornerstone On Demand

But while athletic analysts evaluate multiple levels of team leadership, workforce planning often focuses on individual roles. HR data analytics needs human support. For all its hype, HR data analytics is far from reaching its full potential.

6 Skills Every HR Technology Leader Must Develop Starting in 2017

Visier

Technology impacts all of us personally in how we communicate, make purchases, plan travel, find love, discover a great restaurant, or get a ride across town. Innovative Reasoning Based on Data. The amount of data we collect is growing exponentially.

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

Visier

If you are looking for a technology solution to transform your HR department into a data-driven decision-making entity, then you are facing the same type of highly complex and highly critical decision as buying a home. Can workforce answers be found and understood without instruction?

Agility through workforce analytics

HR Times

That said, many organizations are still wrestling with how to use analytics to inform workforce-related decision making into practice. Workforce Analytics. Only 13 percent report being able to connect employee data throughout the entire talent life cycle.

Retain the Best Employees and Develop More Talent

InforHCM

Talent management requires four business management components: Workforce Planning. This is the foundation and provides a single source of core HR data. A single source assists the human resource department and the departments they support manage and maintain core aspects of the workforce. This infrastructure simplifies key human resources processes and centralizes core employee data, to be utilized across all talent functionality and capabilities.

Key Roles and Responsibilities in an HR Department

Pingboard

The human resources department is responsible for designing and implementing HR programs and policies that help company leaders better manage the workforce. Who Is Responsible for Payroll? Who Is Responsible for Workforce Planning?

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

Visier

If you are looking for a technology solution to transform your HR department into a data-driven decision-making entity, then you are facing the same type of highly complex and highly critical decision as buying a home. Can workforce answers be found and understood without instruction?

HR Moments Matter: 3 Compensation Challenges Solved With People Analytics

Visier

In this series, Allison McConville, Visier’s VP of Human Resources , will share how you can use data to support the people moments that matter, enabling the best decisions for both your employees and your organization. Workforce Intelligence 101 compensation HR Moments Matter

HR Moments Matter: 3 Compensation Challenges Solved With People Analytics

Visier

In this post, Allison McConville, Visier’s VP of Human Resources , will shares how you can use data to support the people moments that matter, enabling the best compensation decisions for both your employees and your organization. .

3 Tech Tools No HR Department Should Be Without

Insperity

Payroll software. Still running payroll on the manual system your business started with? Moving to an automated payroll system is a crucial first step. An automated system would also allow the person processing your payroll to enter exceptions for the given payroll cycle (e.g.,

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What is HR Reporting and Which Suites Do It Best?

TrustRadius HR

The HR department of an organization manages anything employee-related such as recruitment, hiring, retainage, payroll, benefits, leave and termination. HR Reporting is an analytical tool designed to compile data, statistics, and metrics on employees.

10 Features of Best-in-Class Org Chart Software

Pingboard

Today’s live org chart software is always up to date via seamless integration with HRIS and payroll systems. Onboarding support helps facilitate integration and data uploads and quickly gets new users up to speed. Workforce planning.

The Right Way to Increase Minimum Wage at Your Organization

Visier

Failing to understand this–and worse, failing to incorporate it into your analysis and planning–will cost you more than you think. This means looking beyond just compensation and digging into the data to see how wage changes will impact areas such as: Job Satisfaction.

5 Exciting HR Technology Trends

InfinityHR

Through the utilization of compiled data and with automated processes established, these entities, covering a myriad of industries, have given themselves the ability to make better business decisions for themselves and their employees. Big data, HR analytics. Succession Planning.

How to Successfully Select and Implement an HRIS | Human Resources Information System

Analytics in HR

A good example is the onboarding process, which could now be individually tailored and automatically triggered by the data points obtained in the recruitment process. Robust security/authentication of data/users. User and data security protocols/ compliance required.

How to Get Started with People Analytics

Namely

This isn’t just a trend: aligning people programs and data to business impact has always been a goal in HR. When it comes to driving business insight, employees may be your most valuable source of information—matched only by customer data. That’s why companies everywhere are focused on getting a better understanding of their people data and how it relates to day-to-day operations and long-term strategy. That all creates a lot of data.

Top 1??5?? Reasons to Use HR Software in your Small to Medium Business

CakeHR

The amount of time the HR and Payroll departments were spending on the lengthy, unautomated processes and having to amend errors was eating into the time which could have been spent on growing the business. Essentially, it is a technology that compiles all recruitment, HR and workforce management systems into one centralized location, in a bid to improve and transform business operations with accuracy and efficiency.

5 Ways a Live Org Chart Can Benefit Your Organization

Pingboard

More than a diagram of reporting relationships, a live org chart is a rich information source, business planning tool, and vehicle for creating deeper employee connections. A live org chart offers a range of benefits that traditional, static org charts do not.

The Total Cost of Your Workforce

Bersin with Deloitte

Most organizations have a limited view of their workforces in terms of both headcount numbers and costs. While HR typically reports headcount figures, the task of calculating the cost of the workforce is often left to Finance. Figure 1: Total Cost of Workforce Taxonomy

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The Total Cost of Your Workforce

Bersin with Deloitte

Most organizations have a limited view of their workforces in terms of both headcount numbers and costs. While HR typically reports headcount figures, the task of calculating the cost of the workforce is often left to Finance. Figure 1: Total Cost of Workforce Taxonomy

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7 Ways Your Org Chart Is Failing Your Company

Pingboard

Conversely, a live org chart that syncs with your payroll or HRIS system is automatically updated and changes with the organization as it grows. Doesn’t Support Workforce Planning. Planning employee career paths. ADP payroll.

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