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What is Headcount Reporting? A Complete Guide for Employers

HR Lineup

This data enables employers to make strategic decisions around hiring, budgeting, and workforce planning. We’ll delve into how it helps optimize HR operations, streamline workforce planning , and support compliance requirements.

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HR Strategic Objectives: The Ultimate FAQ for HR Leaders

Analytics in HR

Some areas of focus when identifying HR strategic objectives include: Workforce planning : Involves analyzing the current workforce, predicting future needs, and developing strategies such as aligning workforce capabilities with business needs, succession planning , and flexible workforce management.

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Digital Disruption in HR: 3 Actions for Sustainable Value

Analytics in HR

The digital HR market has experienced remarkable growth, driven by an increased emphasis on automation, AI, and the strategic impact of technology. billion, the HR technology market is projected to exceed $90 billion by 2026 in the U.S. Currently valued at $62.6 A recent report notes that although 79% of U.K.

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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

However, several key features are generally considered essential for comprehensive HCM solutions. Here are some of the must-have features: Core HR Management: Employee Database : A centralized repository for employee information, including personal details, work history, and contact information.

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Happy HR Professional Day 2023!

Analytics in HR

Governor-General Sir Patrick Allen initiated the day in October 2013 to pay tribute to the HR profession. However, HR Professional Day is also celebrated across several countries, although it might not be as well-known as International HR Day. It led some companies to downsize or outsource their HR departments.

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How To Advance Your HR Career With Human Resources Professional Development (In 2024)

Analytics in HR

In the past five years alone, the world has experienced a pandemic that has redefined where, when, and how everyone works; frequent regulatory changes that impact workplace compliance; social movements driving diversity, equity, inclusion, and belonging (DEIB); and the rise of the fourth industrial revolution, robotics and AI, and more.