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4 Steps for Building an Effective Talent Pipeline

Oracle HCM - Modern HR in the Cloud

In the 2017 Deloitte Global Human Capital Trends report , 83% of respondents to the survey ranked “attracting skilled resources” as a top-three concern. If you use succession planning and “what-if” scenario modeling, you’ll be able to objectively choose where to devote precious recruiting resources and budget.

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HR’s Role in Helping Organizations Accept Feedback

HR Bartender

Be sure to check out their 2017 State of Talent report , which provides an in-depth analysis of the issues that matter most to human resources.). HR also needs to hear from management that the organization’s replacement and succession planning efforts are meeting the company’s talent needs. Feedback is about performance.

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Succession Planning 101: When to Start?

EDSI

You may be wondering, when is the best time to begin thinking about a Succession Plan? An astounding 58% of small business owners have no succession plan, according to a 2017 study of 200 privately held businesses, conducted by Wilmington Trust.

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Succession Planning: Essential Guide for HR

AIHR

Succession planning is essential to ensure critical roles in a company are not left vacant for extended periods or filled by people who don’t have the skills or knowledge to perform in the role. That means that over half of the organizations the surveyed HR professionals work at didn’t have a plan.

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5 Things Keeping Financial Services HR Teams Up at Night

Cornerstone On Demand

Accenture found that the average cost of cybercrime for the industry has grown by 40 percent over the past three years, from $13 million per firm in 2014 to $18 million in 2017—that includes regulatory fines, legal expenses, restoration of customer losses and other costs.

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Banking Industry Plans to Increase Hiring, Salaries in 2018

HR Daily Advisor

The labor market is tightening and turnover is increasing, but banks are planning to grow employment, according to data from the Crowe Horwath LLP 2017 Bank Compensation and Benefits Survey. This year, the survey also asked about CEO/executive succession planning.

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Getting Social Media Recruiting on the Right Track for Diversity

HR Daily Advisor

The risk of using certain social media tools is highlighted in a December 2017 lawsuit that claims certain employers used Facebook to push job ads to young people without also allowing those ads to show up on the feeds of older people. Solutions to that conundrum do exist, though.