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5 Questions for Paul Hamerman on Financial and Workforce Planning

Workday

Hamerman, who will be our guest speaker in a July 18 webinar , answers five key questions that we believe organizations should consider when exploring workforce and financial planning approaches in today’s business world. . How are organizations using workforce planning to help their organizations grow and thrive in today’s economy?

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How Workday Is Delivering Next-Generation Skills Technology at Scale

Workday

At Workday, we believe understanding employees’ skills is essential to operating a business and an imperative for the future of work. Skills data is the foundation for effective workforce planning, recruiting, and internal mobility. As a result, companies aren’t able to get the most value out of their skills-based applications.

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Industry experts break down the Ultimate-Kronos mega-merger

HRExecutive

Bersin adds that, while he does see many synergies—for example, Kronos can sell HCM to its clients, Ultimate can sell workforce management to its clients—the real impact is not yet clear. “That’s kind of hard to understand from my standpoint.”. Read the original story: Ultimate, Kronos join in major merger. Josh Bersin.

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How Flexibility Can Drive the Great Retention of Frontline Workers

Workday

Hospitality and retail, for example, have the highest quit rate, and as a result, attracting and retaining talent in those sectors is challenging. And, this type of scheduling is an example of “innovative flexibility,” which is thinking about flexibility more holistically. Managing the 2022 Workforce: Integrated Workforce Planning.

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25 Workforce Management Metrics You Should Track

Analytics in HR

They can also facilitate more agile decisions, optimize workforce efficiency, and better align staffing strategies with long-term business goals. Contents What are workforce management metrics? What are workforce management KPIs? These insights are crucial to ensure an understanding of workforce capacity and underlying risks.”

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Human capital management: How to improve employee engagement

Business Management Daily

For some organizations, the labor budgeting and workforce planning components of HCM may include adjusting work schedules to provide proper coverage across business areas. For example, you may look into your recruiting data and see a specific step where you’re losing candidate interest or slowing down the process.

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The Rise of the People Strategy Platform

Visier

As BCG captures well in their paper, When people strategy drives business strategy : “Developing a people strategy was once a straightforward matter of figuring out how to create the best possible workforce to execute an already defined business strategy. But… people strategy today involves much tougher choices and tradeoffs.