The best way to prepare for the changing landscape of your workforce is with state-of-the-art talent management and succession planning tools. Chances are, you have the talent within your company you’ll need going forward—you just have to discover it, nurture it and find the best way to use this talent. Don’t be caught unawares when the economy improves and your employees start to leave. Instead, prepare now for the economic recovery so employees know they will have a bright future should they choose to stay.
In this white paper, we explain the process of defining and using competency models to jumpstart talent management initiatives as part of a Human Capital Management (HCM) strategy, and how software tools can automate these processes.
Now, more than ever, is the time to focus on your people - the key to your future success. Based on work with more than 2,000 leading businesses on maximizing people performance, SuccessFactors recommends 5 strategies that deliver superior results.
Measuring competency gaps within your organization and addressing them proactively allows you to focus on the areas you need most to impact your business performance, employee engagement and retention, and overall profitability.
This paper provides actual savings experienced by Kronos customers and details many key performance metrics and guidance to help HR executives make the right investment decisions to more effectively manage their workforce.
The multigenerational workforce, compliance requirements, and new technologies are the top trends affecting human capital management today. This white paper explores the need for HR leaders to develop new strategies for managing the increasingly diverse workforce, and the role workforce management technology and HCM tools will play in its success.
Every organization strives for a workforce that is engaged, inspired, and motivated to perform at its best day in and day out. But what is the reality?
According to Gallup, only 13 percent of all employees worldwide today are engaged in their jobs — an alarming statistic given the importance of the workforce in fueling growth and meeting other key enterprise goals. Employees are typically an organization’s most vital (and expensive) asset, and when they are disengaged and/or disenfranchised, the ripple effects across the business can impact your profitability and branding.
In fact, each employee generation — and each individual — has unique needs and expectations regarding work. So how do you engage and inspire them? It requires a creative and differentiated approach that accounts for the unique characteristics and requirements of each generation.
Fortunately, new human capital management (HCM) technologies are available today that can help you optimize employee engagement across a
Today, the most important asset for employers is their people. With recent advances in workforce analytics, cloud technology, social media and mobile communications, and talent management applications, HR staff can provide greater long-term value to their organization.
This paper outlines how HR can make use of these technology opportunities to benefit the entire organization.
While a talent management strategy that unifies every phase of the employee lifecycle is critical to building a resilient, engaged workforce, it’s only the beginning. Getting the most from your people—while keeping them engaged and committed—takes not just talent management but talent mobility.
Want to learn more? Start with the free white paper from Cornerstone OnDemand.
Today, business process automation is a critical strategy used to transform organizations and strengthen bottom-line results. At the front of this movement, human resource leaders are embracing automation to transform every aspect of their company's workforce management, from payroll to core HR to strategic talent management. For HR leaders who are considering automation to transform their people management processes, a crucial step in the early project-planning phase should include gaining a full understanding of the significant advantages offered from true cloud technology. Additionally, those organizations already using automated solutions via on-premise software will want to weigh out the options of switching to cloud delivery for greater efficiency.
There are countless ways to measure workforce intelligence, but just tracking soft measurements such as "improvements" isn't enough. In order to get the attention of senior management while positively impacting business results, HR must challenge the way it uses workforce intelligence. To provide more meaningful analytics that help drive business success, HR should rely on metrics that focus on business goals, establish revenue impact, and anticipate future trends in the workforce.
This e-guide will allow you to explore some of the most valuable reports and tools that HR professionals can turn to when delivering data to executives. Additionally, uncover tips for more effectively utilizing your workforce data to make fact-based decisions about human capital investments as they relate to business and financial objectives.
Your employees are your secret weapon and your competitive advantage. Imagine how your business would thrive if you could multiply your workforce’s impact without adding to the payroll! Through 5 talent strategies, your organization can do just this by increasing the productivity of each employee.
In our new whitepaper, “Shifting the Employee Productivity Curve with Smart Talent Management Strategies,” you'll learn:
• What the employee productivity curve is and how shifting the curve impacts your organization's bottom line.
• 5 practical measures you can take to enhance employee productivity.
• Stories of organizations that have successfully shifted the curve.
Your organization has already seen how adopting talent management solutions can impact employee productivity. Download this paper to learn what else your organization can do to shift the curve even further.
To get the best performers and strongest leaders, proper performance evaluation processes and training opportunities need to be available. Organizations who utilize performance reviews and eLearning are more likely to experience:
• Higher engagement and productivity
• Increased career mobility
• Increased ability to manage compliance training
• More millennial recruitment
Interested in learning how to attain such benefits? Download How to Maximize Workforce Growth with integrated Performance Management and eLearning.
It’s a fact: when companies employ newer talent management tools, they see reduced hiring times and higher retention rates. But what features, tool, and apps should you look for when shopping for a next-gen talent management system?
Download How to Conquer Your First Talent Management Purchase and learn:
• The fundamentals of talent management software (and why you need it!)
• How to make the talent management business case to key business units
• What to look for in a talent management software provider
• Why a "unified" system drives tangible workforce growth
Check out this brief on how to conquer your first talent management purchase today!
Download this how-to guide to determining the best workforce management solutions to ease compliance with the Affordable Care Act. Learn how easy it is to track, automate, and analyze data from across your organization and generate:
• Accurate data about average hours worked
• Automated notification to employees of benefit eligibility change
• Real-time analysis of schedules, time records, and benefits
• Generating reports to evidence ACA compliance efforts
Published By: Paychex
Published Date: Apr 01, 2013
In order to control employee costs, you must first track and understand them. That's where a time and labor management system can help. Not only will you have the data you need to make cost-effective decisions, but you'll be able to determine the best way to optimize your workforce.
This white paper outlines the critical features and criteria recommended in selecting an effective time and labor management system.
Trying to manage today’s rapidly evolving compliance requirements with outdated tools drags down productivity, raises costs, and increases your risk of noncompliance. And, it’s making your job harder. Learn how modern, cloud-based workforce management solutions can help you gain the visibility, insights, and management capabilities you need to reduce risk of noncompliance and build business success.
While compliance and reporting are absolutely necessary, they will not be sufficient to truly enable an organization's business strategy. Taking this opportunity to think through the ways in which workforce management strategy supports overall business objectives can position HR leads to have a huge impact on organizational performance, as well as costs. This Research Brief looks at how organizations respond to the ACA, as well as the underlying technology foundation that can enable both reporting and the execution of an overall workforce management strategy.
Facing a more competitive global business landscape with available talent across multiple generations, the challenge to recruit and hire the best workforce today is critical.
Changing workforce demographics are creating skills gaps and putting pressure on employers to source top talent. Learn how human capital management technology tools could be the key to stronger recruiting and hiring.
It’s time to think more strategically about your entire workforce. Learn the benefits of a unified approach to HCM and workforce management.
In today’s competitive and rapidly changing business environment, sustained success requires a total HCM strategy that focuses on managing, engaging, and retaining your entire workforce — both hourly and salaried employees alike. It also requires a single, unified technology platform that enables managers to successfully execute on that holistic strategy for improved operational efficiency, higher employee engagement, and better business outcomes.
Read the e-book for best-practice advice and valuable insights into the shared future of HCM and workforce management, including:
Where early attempts to bring together HCM and workforce management fell short of expectations
Why you need an integrated HCM and workforce management technology platform to gain complete visibility into your entire workforce and drive better decisions
How a holi
Engaging Employees through a Unified Platform
Learn how simplifying processes with a unified HCM solution can help you better manage all employees and remove barriers to optimal engagement.
An engaged workforce is satisfied and productive. To make this a reality for your organization, you need a human capital strategy that can help you think strategically about managing, engaging, and retaining your entire workforce.
However, in many cases, the systems that manage human capital alienate rather than engage both employees and managers — making it challenging, for example, to easily access schedules or paystubs without having to call HR or do self-service assessments of career path options.
Implementing an effective HCM strategy supported by the right workforce technology can save your organization time and resources, improve the management of your people-related processes, and drive greater employee engagement.
Published By: Paychex
Published Date: Nov 29, 2016
With the accelerated pace of business, it’s become more difficult for human resource (HR) departments to adapt to complex, changing human capital management issues such as recruiting and retaining highly competent workers, managing talent, developing leaders, and leveraging a multigenerational workforce.
In research conducted by the Society for Human Resource Management (SHRM), talent management
ranked as the top priority among the HR professionals surveyed, with 64% ranking their company’s performance as neutral and another 30% ranking it unfavorably.
In fact, four out of 10 said their employers didn’t even have a designated individual for managing talent. But, what does “talent management” actually entail?
In this ebook, we’ll take a look at each of the major areas of concern for HR departments and present information that may be applied to your own organization.
NICE has made a significant investment into AI and ML techniques that are embedded into its core workforce management solution, NICE WFM. Recent advancements include learning models that find hidden patterns in the historical data used to generate forecasts for volume and work time. NICE WFM also has an AI tool that determines, from a series of more than 40 models, which single model will produce the best results for each work type being forecasted. NICE has also included machine learning in its scheduling processes which are discussed at length in the white paper.
NICE, the leader in workforce management, introduces the most advanced forecasting
tools on the market with WFM 7.0. Building on its recognition as the industry standard,
NICE WFM 7.0 Forecasting with Artificial Intelligence chooses the optimal daily forecast
model to provide staffing levels and budgeting that are more accurate than those
delivered by any other WFM solution.