Talking Candidly About Workforce Planning for HR Executives

Cisive

I recently attended a Healthcare Talent Symposium with a group of organizational leaders in the healthcare industry and had the unique opportunity to hear from both speakers and participants about their most significant concerns, challenges and struggles in talent acquisition today. One thing stood out above the others, and it’s something every HR leader and team member faces: workforce planning. How Workforce Planning Supports Your HR Efforts.

How Does Turnover Impact Your Organization’s Bottom Line?

Visier

Employee turnover is a critical challenge that almost all HR managers stress over. Turnover rate is a typical measurement that many organizations use as a scorecard for HR. Changing the question from “What is our turnover rate?” to “What is the cost of our turnover?”

How To Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority?

Addressing Physician Turnover and Retention: 3 Strategies

Select International

As healthcare organizations and physician groups continually examine their strategic workforce plans, it's evident that the supply and demand of physicians looks bleak.

How To Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority?

Curbing Employee Turnover Contagion in the Workplace

Visier

Turnover Contagion: Tracing the Source. It’s also a lesson for HR leaders looking to treat a viral event of a different sort: turnover contagion. As emotional contagion researcher Sigal Barsade writes , employees “routinely ‘catch’ each other’s feelings when working together in groups.”

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. In turn, better retention is likely to lead to better care and higher patient satisfaction.

Stay Interviews: An Underutilized Tool for Reducing Turnover, Increasing Engagement

HR Daily Advisor

Companies are particularly vulnerable at that time because employee turnover usually spikes. Part of the problem is that they didn’t allocate time to implement those changes when they did the project plan, and the other part is they conducted them too frequently.

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.

Visual Storytelling for HR: Are Infographics or Data Visualizations the Keys to Success?

Visier

For example, if you work in HR and want to get internal business leaders and line managers to champion a new employee retention initiative, an infographic could be a good approach. Check out this example of an Infographic, which provides a “101” lesson on Workforce Planning.

Data 386

Power of Pods: Teamwork in the Workplace

DATIS

As organizations grow, they shift from a team atmosphere with a shared focus to a group of siloed departments that struggle to communicate. If managed poorly, clashing teams could contribute to low productivity, a tense work environment, and increased turnover. Workforce Management

Engaged, Happy … And Looking to Leave

HRExecutive

A certain amount of employee turnover is an expected and accepted part of doing business, and there will always be a certain (hopefully small) number of disengaged, disgruntled workers angling to leave your organization. employee engagement HR profession retention talent management

Why Data is the Key to Strategic HR Decisions

Visier

Workforce analytics are now better than ever, but organizations need to properly access them, align their information with decision-making, and act accordingly. HR should not only align with the business, but drive the business by making better decisions about the workforce.

Data 311

Everything You Need to Know About HR Analytics

Reflektive

Deloitte found that recruiting is the number one area where HR analytics is being applied, followed by performance measurement, compensation, workforce planning, and retention. If an organization wants to increase employee retention, HR analysts could look at churn rates, turnover within each department, attributes of longer-tenured employees against those who left the organization within 1-2 years, and the onboarding process for different employee groups.

Visual Storytelling for HR: Are Infographics or Data Visualizations the Keys to Success?

Visier

For example, if you work in HR and want to get internal business leaders and line managers to champion a new employee retention initiative, an infographic could be a good approach. Check out this example of an Infographic, which provides a “101” lesson on Workforce Planning.

Data 265

Top Conferences for Talent Acquisition Leaders in 2017

Visier

The global economic recovery has moved power from employers to employees, turning talent into a seller’s market—and making the workforce a core strategic concern for the c-suite.

One Size Does Not Fit All

Vemo

For example, our turnover driver solution allows organizations to look at any population breakdown within their workforce and identify what the primary drivers of turnover are across that population and for key individuals within it.

Using people analytics to get to High-Impact HR

HR Times

The first step was to analyze where voluntary turnover was occurring, considering variables such as length of service, location, organizational level, function and business level, manager tenure, and organizational layer. Posted by David Fineman on August 3, 2017.

Data & People Analytics: A WorkHuman 2018 Recap

WorkHuman

And now, HR leaders are investing heavily in programs to utilize data for all aspects of workforce planning, talent management, and operational improvement. As a result, turnover decreases, leading to a higher return on investment from your talent. Talent attrition/ retention.

HR Moments Matter: 3 Compensation Challenges Solved With People Analytics

Visier

Strategically using workforce analytics to optimize salaries and rewards can help HR positively impact the bottom line while also providing employees with fair wages. . Ian Cook, Head of Visier Workforce Solutions, shares a great example of a typical counter offer scenario in this blog post.

2 Surveys = 6 ROIs: When Companies Invest in Learning and Development

CakeHR

Combine the results of two 2018 surveys, one by the World Economic Forum (WEF) on Future Workforce Strategy and the other by LinkedIn on Learning and Development (L & D) and you can splice together an ROI opportunity that HR departments (and CEOs) around the world should embrace. .

Singin' In The Rain

Vemo

Here are a few great reasons to implement an enterprise workforce planning and analytics tool that will have you Singin’ In The Rain. #1 This allowed the company to predict a clear future and plan accurately. The ability to truly understand and reduce turnover remained illusive.

HR Moments Matter: 3 Compensation Challenges Solved With People Analytics

Visier

Strategically using workforce analytics to optimize salaries and rewards can help HR positively impact the bottom line while also providing employees with fair wages. . Ian Cook, Head of Visier Workforce Solutions, shares a great example of a typical counter offer scenario in this blog post.

Mentoring: The Glue That Makes Employees Stick

ATD Human Capital

With employee retention as the ultimate goal, workplace mentoring programs can be structured to transfer knowledge within an organization, allow employees to develop their interpersonal skills and advance in their careers, or simply help people fit in.

Your Guide to AI Talent Acquisition

AllyO

Long-range workforce planning and finding specialists, top executives, and strategically important talent are critical pieces of talent acquisition. . Workforce Planning and Strategy. Based on this information, develop a strategic plan to meet those demands.

Top 6 HR Trends in 2020 – Transforming the Future of Work

Empxtrack

Organizations will focus on embracing HR technology to their advantage, strengthening workforce capabilities, ensuring data security, improving candidate and employee experiences, and more. Reducing employee turnover. Increasing workforce productivity and engagement.

Leaders Secretly Hate Succession Planning!

The Tim Sackett Project

Succession planning is on a similar path. Your leaders say the support succession planning. But, every time you try and do something with succession planning, it goes nowhere! Your leaders hate succession planning for a number of reasons, here are few: 1.

Retaining the Millennial Workforce and Why It Matters

HR Daily Advisor

In just the past year, Millennials surpassed Baby Boomers as the nation’s largest living generation and started inching their way to making up the majority of the workforce. High turnover such as this can affect the morale of a company, as well as the bottom line.

The HR Leadership Revolution — Will You Thrive?

Visier

The workforce in the developed world and China is rapidly aging. Despite increasing automation, in the next 20 years there will be a serious shortage of skilled workforce everywhere. Have an Informed Point of View on Workforce Cost Concerns.

CHRO 410

Using people analytics to get to High-Impact HR

HR Times

The first step was to analyze where voluntary turnover was occurring, considering variables such as length of service, location, organizational level, function and business level, manager tenure, and organizational layer. Posted by David Fineman on August 3, 2017.

Key takeaways from People Analytics World, London 2018 – Part 2

Littal Shemer

Katie Minton and Neera Ridler-Mayor , both Directors in People & Workforce Analytics at Deloitte, discussed the role of People Analytics in navigating the future of work. Demo : Create a business impact with strategic workforce planning.

3 Reasons Why People Analytics Should Be a Priority for Every HR Team

Linkedin Talent Blog

And according to Deloitte’s 2017 Human Capital Trends report, 71% of companies see people analytics (also called talent analytics or workforce analytics) as a high priority, though only 9% believe they have a strong idea of which talent dimension drives performance in their organizations.

Succession Planning? Despite What They Say, Your Leaders Secretly Hate It

TLNT: The Business of HR

William Tincup and I were just talking about this last week in regards to a comment he was making about organizations and succession planning. Why leaders really hate succession planning. Succession planning is on a similar path. Your leaders say they support succession planning.

Unlocking Human Potential

Vemo

According to a recent Wall Street Journal article, Wal-Mart is planning to make a significant investment of both time and dollars “upskilling” their entry-level employees. This can also be coupled with a predictive forecast of attrition and retention driver analysis.

The Art of Matchmaking Blog Series: Step 3

HR Management

Research has shown that these techniques lead to higher job satisfaction, better job performance, greater commitment to the organization, and reduced turnover. Companies who implement an effective onboarding program during the first three months of new-hire employment experience 31 percent less turnover than those who don’t” Aberdeen Group. CEO of NeuroBusiness Group (NBG) and Assistant Clinical Professor of Psychiatry at Harvard Medical School. All Aboard!

The HR Leadership Revolution — Will You Thrive?

Visier

The workforce in the developed world and China is rapidly aging. Despite increasing automation, in the next 20 years there will be a serious shortage of skilled workforce everywhere. Have an Informed Point of View on Workforce Cost Concerns.

CHRO 195

The 71+ Biggest HR Tech Conferences to Attend in 2019

Digital HR Tech

Price : 625 GBP for HR professionals (two days pass), 10% discount for group bookings (two or more people). This summit was designed to embrace a fully digital workforce. Key themes include: Meaningful Employee Experiences, Talent Analytics, How to Future-Proof Your Workforce, Advancing the D&I Agenda, and Performance Management for teams and agile environments. Price : $1,595 (commercial pass), $1,495 (non-profit, government pass), group discounts available.