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HR Leader Perspective: How Finance Should Think about Workforce Planning

Workday

I’m in the workforce business. Yet many organizations, while acknowledging the importance of people to their success, seem to take only a passing interest in the importance of workforce planning , if they think about it at all. I asked him about his expectations for workforce planning at the company. There’s a lot to unpack from that anecdote, but what sticks with me is that, to this executive at least, workforce planning amounted to correctly counting heads.

Get Onboard the HR Analytics Movement

Brandon Hall

But when asked how they are executing on the analytics priority, 56% of organizations admitted they do not yet have workforce planning and analytics in place, or if they do, they manage it manually via spreadsheets. Metrics versus Analytics.

Using Data to Link Talent Decisions to Business (Webinar)

TalentCulture

We all know that talent acquisition, training and onboarding is time consuming and expensive. Let’s take a deep dive into a few HR metrics that truly matter to the business (and these are just a handful). Well that just isn’t the case anymore. Well, kind of.

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How People Analytics Helps Prevent Another Bad Hire

Visier

The cost of a poor hire can be based on the cost of recruiting, hiring, and onboarding a new employee– which can be up to $240,000. The consultant created a candidate scoring process that promised to identify which candidates would stay and perform well long-term.

People Analytics Conferences Data-Driven HR Leaders Can’t Miss in 2018

Visier

The HR teams that will succeed in 2018 and beyond are those that have a grasp on how the developments of the data age will impact the workforce and their business. We’ll update this page as more people analytics and workforce planning conferences come up.

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. The Era of Workforce Analytics. Impact on Business Metrics.

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. Analysts to determine metric definitions and create reports.

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. The Era of Workforce Analytics. Impact on Business Metrics.

Identify Your HR Needs To Determine The Appropriate Analytics Solution

Analytics in HR

However, many human resource (HR) leaders constantly intermingle people analytics with workforce analytics and talent analytics. Although the first human resource information system (HRIS) was introduced back in 1987 , it was really the introduction of workforce planning and talent management solutions that gave both clients and vendors the current road map for development, innovation and practice. The Evolution Of Workforce Planning And Talent Management Solutions.

How Foot Locker Can 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. The Era of Foot Locker Workforce Analytics. Impact on Business Metrics.

How to Get Started with People Analytics

Namely

Analytics for Everyone People analytics has long been a luxury reserved for enterprise businesses with substantial resources and well-trained data analysts. Let’s look at it across 12, 24, and 36 months against representative demographics in the workforce, then align it with employee engagement metrics. Are some departments experiencing higher absenteeism when morale is low, based on correlated engagement metrics? These are the three magic metrics for recruiting.

11 HR Analytics Courses Online

Analytics in HR

Courses range from top-level analytics knowledge, to actually doing analytics, basic statistical knowledge, HR data and metrics, and more. You will learn to: Leverage strategic workforce planning to make better decisions. 11: Strategic HR Metrics – AIHR Academy.

How Live Org Charts Streamline Company Directory Management

Pingboard

What used to work well simply doesn’t work any longer—and thanks to technology, there are smarter, more efficient ways of doing things than there were before. After initial onboarding, they were probably seldom seen at all. The company directory, as we used to know it, has changed.

Do you know how to drive HR-tech adoption?

HRExecutive

The report defines the main HR-management market as core HR, employee collaboration and engagement, recruiting, talent management, workforce planning and analytics. Importantly, they note, high adoption/usage rates will happen only if HR leaders plan properly.

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Using people analytics to get to High-Impact HR

HR Times

Without accurate data, metrics and operational reporting may as well not even exist. These limitations can make interpreting metrics difficult for key stakeholders and those who use the insights gained from the reports to make decisions.

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.

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. These metrics help you accomplish this task: Resignation Rate. Use these metrics to drive these discussions.

Your Guide to HR Career Paths

Namely

With a one-person HR team, administrative duties often take priority over strategic initiatives, like employee experience, workforce planning, or company culture. This role manages all efforts to recruit, interview, and onboard top talent.

Workers are looking – and leaving – for career development

HR Morning

Surveys show that workers and employers don’t agree on how well organizations are meeting employees’ development expectations. Company leadership needs to set the stage by establishing and supporting formal and informal orientation and onboarding processes that give both new and reassigned employees the resources they need to succeed. Succession planning. Workforce demographics.

Is your contingent workforce program becoming obsolete?

Bersin with Deloitte

Your organization, like most of those we see, is probably already incorporating contingent workers in your talent mix, and likely seeing year-over-year increases in the number of contingent workers in your workforce. Contingent workforce metrics are being captured and reported.

Five myths about People Analytics that inhibit your progress

Littal Shemer

HR people manage a variety of processes throughout the employee’s life cycle: planning, recruitment, learning, evaluation, recognition, reward, mobility, promotion, safety, welfare, and more. Five myths about People Analytics that inhibit your progress.

4 Steps to build your talent acquisition strategy

Hacker Earth

Such proactive hiring requires careful long-term planning in collaboration with the management to understand the organization’s long-term requirements. Doing so aids not just recruitment but helps in predicting and effectively planning the company’s growth chart over a similar period as well. In the absence of such a planned approach to recruiting, companies often find themselves needing to hire at short notice with limited resources, often resulting in poor hires.

Is your contingent workforce program becoming obsolete?

HR Times

Your organization, like most of those we see, is probably already incorporating contingent workers in your talent mix, and likely seeing year-over-year increases in the number of contingent workers in your workforce. Contingent workforce metrics are being captured and reported.

Using people analytics to get to High-Impact HR

HR Times

Without accurate data, metrics and operational reporting may as well not even exist. These limitations can make interpreting metrics difficult for key stakeholders and those who use the insights gained from the reports to make decisions.

Five Organizations Recognized for Next Practices at i4cp's 2017 Conference

i4cp

Recent research by i4cp has found that effective learning and development techniques and workforce planning are two critical ways to both mitigate talent risk and have positive impact on market performance; many of the submissions by the award recipients centered on initiatives to improve the employee experience and mitigate talent risk.

The 71+ Biggest HR Tech Conferences to Attend in 2019

Digital HR Tech

Today’s HR tech conferences offer countless of interesting talks held by industry leaders as well as the opportunity to connect in real life with your peers, to exchange thoughts and ideas with them and perhaps even find a solution to some of your biggest HR challenges. This summit was designed to embrace a fully digital workforce. January 30 & 31 | Zürich | HR Analytics, Metrics, and Measurement.

Workday Positioned as a Leader in Gartner Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises

Workday

Yet we recognize that different-sized organizations are, well, different. We’ve already seen exciting examples of how customers will take advantage of this extensibility, in areas such as employee benefits, supplier onboarding, and achievements.

The HR Business Partner is (Still) the Hottest Job in HR (i4cp login required)

i4cp

Consider, for example, the impact of network analysis – methodologies to gain insights into social and information-transfer relationships - useful for improving organization effectiveness, enhancing leadership development, understanding inclusion patterns, providing guidance for managing the onboarding process, and other applications. A key feature of the HR service delivery model for decades, the HR Business Partner position, when done well, is a complex, relationship-intensive role.

HR TechStack – Performance Tracking

WhoKnows

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. Kronos Workforce Ready. Kronos Workforce Central. Performance Tracking Tools.

The Top 25 Best Applicant Tracking Systems (Updated for 2018)

Proven

Onboarding. The integrated platform streamlines various recruiting activities, such as planning the hiring process, sourcing job applications, managing interviews and even organizing post hiring activities. Hiring can seem like a daunting process, but it doesn’t have to be!

What Is HRIS? How Human Resource Management Systems Help Businesses

G2 Crowd

a provider of workforce management solutions, “If your human resource department is overwhelmed or does not have the resources they need to perform their jobs, your entire company suffers. We have access to comprehensive reporting [and] real-time information on key HR and business metrics.”.

The Five Most Important HR Analytics

Strategic HCM

I’ve been down in Johannesburg for a few days, delivering a workshop on HR metrics and analytics. For me, both HR metrics and analytics need to cascade from a company’s HR strategy / strategic risk assessment.

The "Next Big Thing" in Talent Acquisition

Cielo HR Leader

Other recent reports point to current shortages of IT staff and an estimated one-third of the nursing workforce hitting retirement over the next 10 to 15 years. Unlike traditional staffing and recruiting firms, RPO providers manage and transform the total talent acquisition process to better meet organizational objectives by focusing on five key processes: sourcing, screening, hiring, onboarding and strategic workforce planning.

The ClearCompany Authoritative Guide to HR Technology Terms

ClearCompany HRM

Well, don’t fear, even if you’re well-versed in HR technology verbiage, we’ve pulled together a glossary to ensure you have a firm grasp on what these mean when talking to best-of-breed technology vendors. If you know your employee headcount you can plan for hiring needs.

Conference Twitter Primer #HRtechConf 2018

HRmarketer

ask_dr_nat : Chief Workforce Scientist at Achievers. Reappropriating HR for people (who are not capital nor cattle) Workforce fluidity is my jam! Glink : Real estate & financial wellness expert. ClickBoardingHR : Onboarding’s never been so easy for HR and new hires!