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Workforce Planning is a Team Sport: Collaborating for Success

MP Wired For HR

Data-Driven Decision Making Combining financial data—such as budgets and costs— with HR metrics, including talent acquisition and turnover rates, allows organizations to make informed decisions. The collaboration between HR and finance fosters agility by providing insights that allow companies to respond swiftly to market conditions.

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Are you doing enough to leverage tech for employee relations?

HRExecutive

It may not be surprising that during 2020, social and political conflict —along with ongoing challenges due to COVID-19—helped position the employee relations (ER) function as a vital factor in shaping positive employee experiences.

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Top Ways to Leverage Technology for Workforce Planning 

MP Wired For HR

By tracking these metrics, HR teams can make proactive decisions about hiring, training, and compensation. By utilizing HR metrics and analytics, organizations can: Identify patterns and trends in the business that may affect workforce dynamics. Measure the effectiveness of HR strategies and initiatives.

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Workforce Planning 101: Your Guide to an Effective Strategy 

MP Wired For HR

Metrics and Predictive Analytics Incorporate metrics and predictive analytics to forecast potential turnover, skill shortages, and growth areas. Developing Metrics and KPIs Establish metrics and Key Performance Indicators (KPIs) to track progress against your goals.

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How to Leverage Data to Better Your Employees Health Benefits Selection

Speaker: Darrell Moon, CEO, Orriant

The only metric that the C-suite is focused on is how much healthcare costs are going up. January 14, 2020 12:30 PM PST, 3:30 PM EST, 8:30 PM GMT "What gets measured, gets managed." This infamous sentence comes from Peter Drucker in his book, "The Practice of Management." Which can be applied directly to employee health benefits.

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Rethinking Your Benefits Program To Foster Peak Performance

15Five

We also initiated Best-Self Time in 2020, a two hour block on Fridays designed to support personal development practices that leave people even more creative, more productive and more motivated to serve our customers and community. I actually think it’s risky not to do it.

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Starbucks removes DE&I requirements from executive pay structure

HR Brew

Instead, executive bonuses will be based on equality, social, and governance (ESG) goals, which the company first established in 2020. It now ties executive pay to inclusion metrics that don’t mention gender or race, Reuters reported. of an executive’s bonus to the company’s DE&I goals. Quick-to-read HR news & insights.