AIHR

DECEMBER 8, 2023

Strategic workforce planning enables HR and business leaders to identify and anticipate their workforce needs and challenges and take action to ensure the organization is prepared to succeed not only today but in the future. Contents What is strategic workforce planning?

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HR Lineup

JANUARY 16, 2025

Managing a companys headcount efficiently is essential for ensuring optimal workforce utilization, controlling costs, and maintaining a healthy organizational structure. In 2025, organizations are increasingly adopting headcount management software to streamline employee data management, optimize workforce planning, and forecast future needs.

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Oracle HCM - Modern HR in the Cloud

AUGUST 22, 2019

How can HR leaders build a workforce plan when we don't know what the future will be? Fortunately, we’re in a better place than ever for workforce planning because we have solutions that help us gather, analyze, and use workforce data to prepare our organizations for the future.

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MP Wired For HR

OCTOBER 17, 2024

Workforce Planning 101: Your Guide to an Effective Strategy October 17th, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn In today’s rapidly evolving business landscape, effective workforce planning is essential for organizations striving to remain competitive.

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HR Lineup

OCTOBER 13, 2024

Key Services: Talent and Reward Consulting Employee Benefits and Risk Management HR Technology Implementation Retirement and Pension Plan Consulting Talent Analytics and Workforce Planning Why It Stands Out WTW is known for its robust talent analytics and data-driven HR solutions.

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Hire Road

JANUARY 22, 2024

Workforce planning is the process of leveraging data to ensure that a business’s workforce supports business needs, goals, and strategic plans… Workforce planning is essential to keeping your business appropriately staffed. Instead, it offers robust, multi-source insights that truly drive results.

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Extensis

JANUARY 15, 2025

401(k) plans for employee financial security : 62% of employees consider the availability of a retirement plan when deciding whether to accept or remain in a job, making it vital that clients provide a 401(k). Clients can appeal to these workers by offering programs like student loan assistance, education workshops, and more.

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HR Lineup

JANUARY 22, 2024

In the dynamic landscape of business, where change is the only constant, organizations need a robust strategy to ensure that their workforce aligns with the evolving needs of the company. What is Workforce Planning? What is the Process of Workforce Planning?

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Hire Road

MARCH 13, 2025

This translates to more informed decisions that not only save time and cut down on errors, but also boost your credibility when you walk into that executive meeting. Next, theres the all-important art of workforce planning. After all, confidence backed by data is far more convincing than old-fashioned hunches.

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HR Bartender

JANUARY 11, 2015

During those events, I learn about the companies, the products and services they provide, and how they meet the needs of human resources professionals. Since I’ve been attending user conferences, I’ve also had the opportunity to meet HR analysts from around the world. But the ticking time bomb is the retirement issue.

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HiBob

SEPTEMBER 18, 2024

HiBob HR leaders use HiBob’s powerful enterprise HR software, Bob , to manage all aspects of the employee lifecycle —from recruitment to retirement—within a single, user-friendly platform. This platform allows enterprises to tailor it to meet their specific needs as they scale and offers unlimited self-service workflows.

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Visier

JUNE 5, 2018

As baby boomers reach post-retirement age, their demands on the healthcare system increase. Additionally, as the older generation of nursing staff reach retirement age , the supply of experienced nurses reduces, especially in areas that require higher levels of training such as critical care (e.g. intensive care unit nurses).

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Business Management Daily

MAY 23, 2022

Numerous LMN employees are approaching retirement age. The need for strategic workforce planning. In preparation for future needs, smart businesses engage in strategic workforce planning (SWP). Another common option is seeking outside help to formulate a workforce planning strategy.

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SHRM Resources

JANUARY 25, 2019

They’re creating computer code, carting food and passengers around in their own cars, and popping in monthly for a project meeting. Or Baby Boomers making some extra cash to supplement their retirement savings? What’s their story? Are these occasional workers underemployed, unable to secure a salaried job? They could be any of those?or

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Business Management Daily

AUGUST 6, 2024

Succession planning involves selecting and preparing internal talent to take over key roles eventually. It is a strategic practice that ensures critical positions are not left empty for an extended period should someone quit, retire, or need an extended leave. It’s worth noting that succession planning is optional for some roles.

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Empuls

FEBRUARY 15, 2023

However, you can only achieve this feat if you have a firm workforce plan. Fortunately, by the end of this article, you will understand the details of workforce planning, from what is workforce planning to how you can build one for your business. What is workforce planning?

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New to HR

JANUARY 12, 2016

Workforce planning consists of a set of strategies engineered to maximize the use of resources to accomplish goals , estimate and plan for progress and outline the basis of decision-making techniques while anticipating the needs of the business in the future. It might be a skills gap, or lack of development or minimal resources.

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Acendre

JULY 8, 2016

Great talent, and the organizational success that follows from it, are almost always the result of careful planning. common sense that workforce. planning is the key to ensuring you have the right talent in place and plans for ensuring you always have the skills and competencies necessary for organizational success.

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Acendre

JULY 8, 2016

Great talent, and the organizational success that follows from it, are almost always the result of careful planning. common sense that workforce. planning is the key to ensuring you have the right talent in place and plans for ensuring you always have the skills and competencies necessary for organizational success.

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Visier

FEBRUARY 25, 2016

With baby boomers heading into retirement — by 2050 an estimated 88.5 But there is another retirement population that is perhaps even more worrying to them: nurses. This means that more than one million RN’s will reach retirement age within the next 10-15 years, leading to a drastic shortage of skilled, tenured nurses.

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Accurate Background

DECEMBER 14, 2021

While looking for opportunities may be difficult in the midst of a crisis, it can be a good time to assess whether changes made to manage the crisis can be implemented as long-term solutions and to set plans in place to reduce the impact of a similar crisis in the future. Workforce Planning.

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Careerminds

JANUARY 8, 2025

You will also want to state whether or not these reduced hours will change the employees overall tenure at an organization (as this could impact retirement). While this sounds simple, it can be hard in a large organization to clarify what the revenue goals are and how much input is needed from each team to successfully meet them.

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AIHR

JUNE 15, 2020

This is where strategic workforce planning, or development, comes in. This is a structured business process designed to proactively anticipate, and plan for, future personnel needs. Strategic workforce development: what’s in the name. Let’s first look at our definitions.

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AIHR

MAY 10, 2023

Strategic role: Strategic planning and business alignment 2. Meeting compliance requirements: Legal, compliance, and administrative responsibilities 3. Growing the business: Workforce planning, recruitment, and selection responsibilities 4. Contents The roles and responsibilities of an HR professional 1.

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Precheck

JANUARY 20, 2020

Luckily, there are steps you can take now to ensure that your healthcare organization is prepared to meet those challenges. . Here are three ways you can begin preparing your organization for workforce changes in the new decade. Reducing turnover makes workforce planning and management easier to achieve. will require 2.3

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Intoo USA

JANUARY 3, 2020

Strategic workforce planning can help human resource management teams navigate these HR challenges. Try to focus more on the new hire as an individual and not just as another body filling up an orientation meeting room. Host meet ups in and outside of the office for all levels.

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Intoo USA

JANUARY 3, 2020

Strategic workforce planning can help human resource management teams navigate these HR challenges. Try to focus more on the new hire as an individual and not just as another body filling up an orientation meeting room. Host meet ups in and outside of the office for all levels.

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AIHR

MARCH 21, 2023

Tracking attrition rate is helpful to monitor if the number of people leaving is growing or declining so HR teams can improve workforce planning and people management. Attrition: An employee retiring after reaching the age of retirement. An employee leaves their job due to poor work conditions.

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AIHR

SEPTEMBER 7, 2023

HR must ensure they receive the correct pay and benefits, such as health insurance, retirement plans, wellness programs, and leave credits. Workforce planning: Optimizing a company’s staffing levels to prevent shortages and surpluses in the workforce.

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AIHR

FEBRUARY 15, 2022

Workforce analysis is a process used to collect, analyze, and interpret data to assess the current state of the workforce and turn it into actionable information which organizations can use to plan to meet their future needs. These insights are crucial for an effective workforce planning process.

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Visier

NOVEMBER 24, 2016

We often talk about the employee lifecycle , the “recruit to retire” journey of an individual through multiple human capital processes. In order to keep up with skill shortages and avoid costly role vacancies, organizations need to close the loop between business strategy, workforce planning, and talent acquisition.

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Visier

JANUARY 7, 2016

Companies recognized that without a plan for how to address their workforce needs, they put their entire company at risk of going out of business or being sold off. As a result, almost all large companies dedicated an entire department to workforce planning, and HR was asked to perform a vital and powerful role.

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AIHR

NOVEMBER 15, 2022

Headcount planning is important for Human Resources because it helps ensure they have the right number of people with the right skills to meet the short and long-term needs of the organization. Identify key areas where analytics will help you solve problems and meet goals that add value to the organization from a business perspective.

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AIHR

JULY 26, 2022

Headcount planning best practices. What is headcount planning? Headcount planning refers to creating plans to ensure that your organization has the right number of people with the right skills to meet organizational needs in short- and long-term. Continuously review your headcount plan.

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ClearCompany HRM

FEBRUARY 27, 2024

More than half of contractors say they plan to increase their headcount, but it’s clear the demand for skilled workers is far outpacing supply. Now is a crucial time for your human resources team to optimize your workforce and plan for future staffing needs. What Is Workforce Management in Construction?

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HRExecutive

APRIL 18, 2024

If a large percentage of your workforce is getting ready to retire, for example, you may need to look outside the organization for new talent. Human capital strategy and workforce plan: Ideally, your assessment of this measure should take place in the context of a broader workforce planning process.

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Careerminds

FEBRUARY 19, 2025

A voluntary retirement program can be a great way to help older workers comfortably exit your organization while negating the need for workforce reduction events such as layoffs. Like most programs, it begins with your voluntary retirement program announcement letter. What Is a Voluntary Retirement Program Announcement Letter?

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