Remove Recruitment Remove Retention and Turnover Remove Talent Acquisition Remove Workforce Planning

Closing the Loop: Linking Workforce Planning, Analytics, and Hiring

Visier

We often talk about the employee lifecycle , the “recruit to retire” journey of an individual through multiple human capital processes. It may be easy to think that we hire, manage, and develop, and eventually people leave or the organization grows and then we start the process over again by sending requisitions to the recruiter. This creates a reactionary relationship between business need and talent acquisition process and strategy. Where Workforce Data is Used.

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.

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Talking Candidly About Workforce Planning for HR Executives

Precheck

Talking Candidly About Workforce Planning for HR Executives Dec. 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.

The "Next Big Thing" in Talent Acquisition

Cielo HR Leader

Meanwhile, the market for healthcare talent grows exceedingly difficult: reports abound of hospital staffing ratio concerns linked to patient deaths, as hospitals face shortages of critical staff. 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. Recruitment Process Outsourcing (RPO) is at the heart of this change.

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. This means that companies are in fierce competition for top-talent that will innovate and provide a customer-centric experience. The best way to beat the competition is to equip yourself with the knowledge and expertise to outsmart their recruiting efforts. CB Talent Acquisition Conference.

Why HR Needs Data-Driven Workforce Planning to Avoid Talent Shortfalls

Visier

One fascinating source of information that the BLS publishes is known as JOLTS , or Job Openings and Labor Turnover Survey. We are in an unprecedented war for talent: companies cannot hire fast enough to keep up with their workforce demands. “Companies cannot hire fast enough to keep up with their workforce demands” – @VisierAnalytics Click To Tweet. Today’s Talent Shortfalls. The Better Way to Do Workforce Planning.

Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

There are a ton of great HR/Recruitment blogs. Ongig, of course, has its own recruiting blog — you’re reading it right now! This includes general HR blogs, recruiting blogs, talent acquisition blogs, employer branding blogs and more. Recruiting Blog.

5 Steps to Avoid Talent Shortfalls Using Data-Driven Workforce Planning

Visier

a big postwar question, and ushered in an era of new revolutionary practices, such as coaching, job rotation, 360-degree feedback, high-potential tracks, and succession planning. Companies with poor workforce planning were at risk of going out of business or being sold off. As a result, almost all large companies dedicated an entire department to workforce planning, and HR played a powerful role. Today’s Talent Shortfalls.

New Year, New Concerns

HRO Today

Worker retention has become a major obstacle with The Great Resignation in full swing. 2021 workforce planning was a mess. But most underestimated the workforce they needed. The majority (60%) of study participants indicated they expanded their workforce more than planned.

CHRO 83

10 HR Challenges and How to Overcome Them

Intoo USA

An HR department is tasked with many duties that are cyclical in nature—recruit, hire, replace—as well as tasks that demand constant attention or reinvention. Recruiting top talent. Don’t let all of the hard work you spent sourcing and onboarding top talent go to waste.

10 HR Challenges and How to Overcome Them

Intoo USA

An HR department is tasked with many duties that are cyclical in nature—recruit, hire, replace—as well as tasks that demand constant attention or reinvention. Recruiting top talent. Don’t let all of the hard work you spent sourcing and onboarding top talent go to waste.

The Role Of HR Analytics In Workforce Planning

Hppy

An unprecedented increase in job openings shows that the demand for talent is forcing companies to plan better and recruit better. Workforce planning and HR analytics have become a key focus point for HR professionals around the world, as they confront new challenges in finding and retaining the right employees. Companies cannot hire fast enough to keep up with their workforce demands.”. The challenge of workforce planning.

How Healthcare Employers Can Invest in Strategic Workforce Planning

Precheck

How Healthcare Employers Can Invest in Strategic Workforce Planning Apr. Healthcare organizations are facing a workforce crunch. While increased demand contributes to these shortages, so do employee issues like burnout and turnover. So what should healthcare organizations include in their strategic workforce planning initiatives? How can they overcome these workforce challenges? Identify Leaky Pipelines in Your Workforce.

Replacement Planning: 3 Steps to Develop Your Organization’s Strategy

HR Bartender

(Editor’s Note: This article is an excerpt from my new book, “ The Recruiter’s Handbook: A Complete Guide for Sourcing, Selecting, and Engaging the Best Talent “ (SHRM, 2018) SHRM members can order a discounted copy at the SHRMStore. If there’s one activity that has more of an impact than succession planning, it’s replacement planning. A replacement plan identifies “backups” for positions. Replacement plans do one other thing.

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. However, knowing your turnover rate does little to support strategic business plans. To achieve true insight, a more in-depth analysis of what’s causing turnover in different parts of the organization is required. The Era of Workforce Analytics.

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

Editor’s note: This popular post has been updated with new data and information to ensure you’re ready for the talent demands of today and the future. As a tech company, we experience first hand the challenges faced by HR and business leaders in the hyper-competitive tech talent market. And to support this growth, companies will go to extraordinary lengths to outdo each other in offering that one special perk that will give them an advantage to attract talent.

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. However, even for progressive brands like Foot Locker, simply knowing the turnover rate does little to support strategic business plans. Why should HR make employee retention a priority? The Era of Foot Locker Workforce Analytics.

Tech spend rising, but adoption challenges remain

HRExecutive

It appears employers will be opening up their checkbooks in 2020 for HR technology, according to a new survey that reports seven out of 10 companies plan to boost spending on HR tech this year. Workforce planning (38%).

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

As a tech company, we experience first hand the challenges faced by HR and business leaders in the hyper-competitive tech talent market. While the race to out-innovate with new ideas and products fuels the technology industry at large, the competition between companies is fought most pervasively as on the talent front lines. Here’s how a data-driven HR function can increase your organization’s chances for success: Do QA Testing On Your Recruitment Process.

How To Reduce Employee Turnover with Workforce Analytics

Visier - Talent Acquisition

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. However, knowing your turnover rate does little to support strategic business plans. To achieve true insight, a more in-depth analysis of what’s causing turnover in different parts of the organization is required. The Era of Workforce Analytics.

What are the Elements of a Successful Recruiting Strategy

Outmatch

Talent acquisition should be a top priority for any company which is invested in hiring top talent for the long term. Making smarter choices during the hiring practice can boost ROI, and reduce costs accumulated by high turnover rates and mediocre employees.

Retain the Best Employees and Develop More Talent

InforHCM

An integrated talent management system incorporated into the business strategy, to support daily human capital management processes provides a higher level of management capability. Turnover rates decline and employee satisfaction improves. Companies that focus on attracting and developing talent, increase efficiency. Talent management requires four business management components: Workforce Planning. Recruiting and Retention.

Dissecting the employer disconnect in HR tech

HRExecutive

workforce changing jobs annually, the result is a $250 billion-plus market just for products related to recruitment, advertisement, assessment and interviewing. But if you don’t have the right project partner and the right project plan, it’s going to fail.”—Bonnie

Why Banking On Your Workforce Boosts Business Results

Visier

There is a clear connection here between what happens in the workforce and the success of the organization. Exceptional companies know that the best people decisions drive the best business outcomes : More diverse workforces outperform others. In my last post , I discussed how innovative new ideas that drive success come at the intersection of the workforce and the business. Case in point: Banks with lower employee turnover retain more customers.

4 ways tech can help you retain women

HRExecutive

Employers are trying to stem that tide by beefing up benefits and doubling down on culture, while others are looking to leverage technology to hang onto their female talent. For instance, are enough women in the talent pipeline?

8 Benefits of Using People Analytics

Visier - Talent Acquisition

But instead of analytics, many organizations rely on the kind of one-dimensional workforce metrics that do very little to deliver true insight into the root causes of problems. Performance turnover in key jobs. Employee retention. Optimize workforce planning.

10 Reasons to Work with a Recruitment Partner

Cielo HR Leader

But when it comes to your recruitment function, partnering with an outside expert can successfully transform your approach to talent acquisition and deliver measurable business results faster. Companies are constantly looking for ways to reduce recruitment costs and increase efficiencies, while maintaining their ability to recruit the best talent. Did you know that working with a recruitment partner can reduce your cost-per-hire by between 40% and 60%?

The HR Terms Glossary

Visier - Talent Acquisition

Capabilities include reasoning, learning, problem-solving, perception, speech recognition, natural language processing, knowledge representation, planning, and more. Examples include sales targets, customer retention, and increased profitability. Employee Retention.

Increased Transparency of Human Capital Data – an interview with Brian Wilkerson

hrQ

Some of the metrics organizations have been measuring for years, such as turnover and productivity, while others such as ethics, leadership, and skills and capabilities are new frontiers for a number of organizations. For years now, we have been telling Boards of Directors that they need to be able to understand 5 critical areas about their companies: 1) Your key talent and what hold you have over them. 5) The effectiveness of your workforce planning capabilities.

The 71+ Biggest HR Tech Conferences to Attend in 2019

Digital HR Tech

January 28 – 30 | New Orleans | Talent Management Summit. 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. January 30 – February 1 | San Francisco | Social Recruiting Strategies Conference. February 27 | Dublin | Talent Summit.

HR TechStack – Applicant Tracking Systems

WhoKnows

An applicant tracking system (ATS) manages the recruiting process by collecting and organizing applicant information. These systems are used in the recruiting and hiring of new talent. By using an ATS, recruiters reduce the time spent reading resumes and screening potential applicants. There are hundreds of software & cloud based apps for modern recruitment process, at WhoKnows we have handpicked 47 most popular, widely used & recognized vendors in the market.

HR Glossary of Terms

Zenefits

A software application that lets recruiters and employers track candidates during the recruitment and hiring stages. Streamlines the recruitment and hiring processes, from start to end. The direct and indirect costs associated with recruiting talent —e.g., Turnover.

The 71+ Biggest HR Tech Conferences to Attend in 2019

Digital HR Tech

January 28 – 30 | New Orleans | Talent Management Summit. 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. January 30 – February 1 | San Francisco | Social Recruiting Strategies Conference. February 27 | Dublin | Talent Summit.

Using people analytics to get to High-Impact HR

HR Times

Deloitte’s 2017 Global Human Capital Trends report tells us that 71 percent of surveyed executives see people analytics as a high priority, and are applying it to talent challenges, as you might expect, particularly in recruiting and also in performance measurement, compensation, workforce planning, and retention. Protecting the organization’s ability to retain top talent by proactively predicting attrition risk and identifying cost-effective interventions.

10 Benefits of Using Big Data in Human Resources

CakeHR

The data available prior to, as part of and following the hiring process all support organisations to have a more engaged and efficient workforce. Sage HR’s recruitment module has been designed with these factors in mind. Benefit # 5: Decrease attrition and uplift employee retention.