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Strategic Workforce Planning 101: Framework & Process

Analytics in HR

A recent report by the International Transport Forum estimates that the demand for drivers will be reduced by 50-70% in the US and Europe by 2030. To conduct a simple analysis, set an internal pay benchmark and group people into categories of overpaid and underpaid. That’s why an analysis of this can be insightful.

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What Is Human Resources?

Analytics in HR

Data-driven HR – Google uses people analytics extensively in its HR practices to make informed decisions. They can focus on, for example, people analytics , DEIB , or talent acquisition. By 2030, the market will grow at a rate of 12.7%

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How are HR leaders like data scientists? Ask gen AI, says a new study

HRExecutive

Participants using gen AI scored 86% of the data scientists’ benchmark, a 49-point improvement over those without AI. Many analysts have predicted that gen AI will free up time— McKinsey reports that up to 30 percent of business activities could be automated by 2030. The study, released Sept.

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The Impact of AI on Employee Recruitment and Retention

Hppy

By 2030, the global AI market will be worth $1.8 Test Prep Insight uses behavioral analytics software to detect burnout by analyzing communication channels such as Zoom, email, and Slack. AI, the technology that is revolutionizing efficiency, is poised to transform your recruitment and retention strategies.

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Generative AI for B2B Audience Targeting

marenated HR

With global estimates predicting that up to 26% of total economic output by 2030 could be generated with Generative AI, now is an opportune time for businesses and their employees alike to get up-to-speed on this invaluable source of productivity. According to the 2023 AI Marketing Benchmark Report , 42.2%

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Compensation Analyst: All You Need to Know About the Role

Analytics in HR

Bureau of Labor Statistics, employment of compensation analysts is projected to grow by 10% by 2030. Benchmarking jobs against data collected and market intelligence to determine competitive compensation for each role. Another option is to get a People Analytics certification. This role is typically found in larger businesses.

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Talent shortage solutions: A forward-thinking strategy for business growth

Business Management Daily

Step 3: Compensation benchmarking As you strategically align human capital needs with organizational goals, benchmark the proposed total compensation plan against similar positions in the local marketplace. Benchmarking effectively means you stay competitive and demonstrate your commitment to valuing employees.