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5 workforce planning tools and how to use them

Business Management Daily

has come to the realization that strategic workforce planning is a necessity for the organization. Baby Boomers make up a significant portion of the company’s current workforce, and their retirement over the next few years could cause serious staffing shortages in key positions. The role of tools in the workforce planning process.

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An SMB Employer’s Guide to Streamlining Open Enrollment

Extensis

For employers, it can be a complex and time-consuming process, fraught with paperwork, deadlines, and the need to ensure that all employees are well-informed and supported. Open enrollment is an annual period in which employees can enroll in, change, or cancel insurance plans for themselves and their families for the upcoming year.

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Compensation Analysis: The Definitive 2022 Guide

Decusoft

Conducting compensation analysis is a lengthy, necessary project. Companies will want to ensure that their compensation packages remain in alignment with the market — otherwise, they risk losing staff to other businesses that offer higher salaries. . What Is a Compensation Analysis?

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Top 6 ADP alternatives & competitors (in-depth comparison)

Homebase

That’s why you’re looking for HR software that can take some tedious admin tasks off your hands. Perhaps you came across the leading solution, ADP, after a quick Google search. At least now you have a better idea of what you’re looking for — a platform similar to ADP with a few key changes to suit your needs.

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Conference Board Announces CEOs Plan to Increase Wages by a Minimum of 3%

HR Digest

Nonetheless, there are still calls for higher compensation — hourly earnings after adjusting for inflation have only gone up 1.1% In an earnings call on Tuesday, UPS CFO Brian Newman reported that the company decreased compensation and benefits by $205 million in the second quarter by eliminating 2,500 managerial positions annually.

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How Voluntary Benefits Can Help with Retirement Planning

Extensis

Though 401(k)s are still a large piece of the retirement planning puzzle, raising awareness about voluntary benefits has become just as essential to boost savings confidence and employee satisfaction. Thanks to advanced access to well-rounded care and modern medicine people are living longer than past generations.

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Case Study: Strategic Workforce Planning for Rail Infrastructure Managers

Analytics in HR

In this case study, strategic workforce planning is applied to solve this national problem, impacting millions of commuters. The Dutch Railway system processes 1.3 At the moment, the train schedule runs automatically if it fits into the pre-planned train schedule. Planning for the future. Curious how? Introduction.