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HR Software and the Future of Workforce Forecasting

EmployeeConnect

In addition to identifying internal trends, HR software can incorporate labour market data, salary benchmarks, and industry forecasts to provide a more comprehensive view of talent supply and demand. Rather than reacting to staffing issues as they arise, businesses can build talent pipelines and succession plans that align with future growth.

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New report argues all of HR should take ‘ownership’ of L&D

HR Brew

Arrested (talent) development. Instead, the report argues, all parts of the people function—talent acquisition, DE&I, and people analytics, to name a few—should take shared “ownership” of talent development. Taking ownership. Are they seeing the ROI?

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Episode 1: Transforming HR at Flipkart using People Analytics

Peoplebox

He highlights the evolution of people analytics and the role it plays in solving business problems. Krishna provides real examples of how people analytics can be used to predict attrition, improve candidate experience, and drive employee engagement. Is people analytics more than just creating reports?

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HR pros drawn to good data analytics and training platforms

HR Brew

We regularly check in with people pros to see what HR tech and tools they’re using to stay ahead of the curve and be great at their jobs. Good people analytics software can drive smart business decisions. HR pros we spoke to reported that platforms and resources that provide data crucial to good people management are a must.

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People Analytics: Tapping into a Powerful Resource

TalentCulture

HR has relied on the use of data and analytics for years but has only recently begun to embrace people analytics. Defined as using a data-driven approach to inform your people practices, programs and processes, people analytics is a powerful resource for HR. Create a Department for People Analytics.

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HR KPIs: Guide, 20 Examples & Free Template

AIHR

Attainable : Companies can reasonably influence this metric through internal development programs, mentorship, or succession planning. Relevant : It aligns with organizational goals like talent development, employee retention, and cost-saving measures by reducing external recruitment needs.

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Human capital management: How to improve employee engagement

Business Management Daily

Hiring more strategically: Engaging in better workforce planning and leveraging your people analytics properly will help you hire more strategically. These data tools can help you streamline decision-making by making critical metrics about your employee population more readily available.