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Workforce Planning is a Team Sport: Collaborating for Success

MP Wired For HR

To ensure effective workforce planning, it’s essential to recognize that different teams must work together, with HR and finance taking center stage. Understanding the financial implications of hiring decisions allows HR to strategically place the right talent in the right roles, ensuring that the workforce operates at peak efficiency.

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Case Study: Strategic Workforce Planning for Rail Infrastructure Managers

Analytics in HR

This requires tremendous changes in the current workforce. In this case study, strategic workforce planning is applied to solve this national problem, impacting millions of commuters. A few particulars in the context were important to understand how strategic workforce planning was approached. Curious how?

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Global Coffee Giant Transforms Store Staffing, Increases Efficiency by 65% with AI-Powered UKG Technology

UKG

The coffee giant partnered with UKG as the most effective way to align labor to demand and optimize staffing levels to ensure stores are always appropriately staffed, especially during the busy holiday season. The results we’ve experienced with UKG are tremendous,” said Katie Little, labor operations manager at Costa Coffee.

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The most important part of workforce planning is skills intelligence

Eightfold

An organization’s workforce plan is a huge roadmap that should set it up for success, covering several years and every aspect of the business. For many, “workforce planning” means focusing on managing costs, and deducing where the largest ticket items are on the profit and loss statement.

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Overstaffing: Why It Happens and How To Avoid It in 5 Steps

Analytics in HR

For instance, Meta had more than 80,000 staff in September 2022. Two months, the company was forced to lay off 11,000 employees or about 13 percent of its workforce. Step 3: Build a solid staffing plan Develop a detailed staffing plan that clearly outlines the required employees and their specific proficiencies for each department.

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5 HR Best Practices New Businesses Can Rely On

Hppy

After a slowdown amid the pandemic, the markets picked pace in 2022 and never looked back. Photo by Austin Distel on Unsplash Begin with Strategic Workforce Planning Forbes defines workforce planning as leveraging data to ensure that your workforce aligns with the needs, goals, and strategic plans of your business.

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Industry experts break down the Ultimate-Kronos mega-merger

HRExecutive

Averbook explains that the deal represents a combination of mission-critical technology foundations: time and labor management and workforce planning along with foundational core people data. I’d say this will be a big IPO in 2022,” Sumser predicts. Jason Averbook.

Kronos 101