Workforce Analysis

Bysamasha

Cracking the Workforce Code

Overview:

  • Workforce analysis integrates employee and ROI data for decisions on recruitment, retention, and management.

Benefits:

  • Cuts recruitment costs through efficient searches and background checks.
  • Boosts retention with compensation monitoring and productivity tracking.
  • Streamlines management by setting benchmarks and addressing skill gaps.

Focus Areas:

  • Adapts to workforce changes and tech advancements.
  • Optimizes costs through workforce efficiency and automation.
  • Forecasts staff shortages, skill gaps, and ensures flexibility.

Utilization:

  • Assesses growth, evaluates staffing profitability, and plans for future challenges.
  • Guides action plans to bridge skill and competency gaps.

Components of a Smart Strategy:

  • Organized, long-term plan aligned with the company’s mission.
  • Focus on critical roles and functions for desired outcomes.
  • Cost-effective tactics for optimal results.

Conducting Analysis:

  1. Categorize the current workforce using a detailed profile.
  2. Assess performance, potential, and plot future scenarios.
  3. Analyze the impact of future scenarios on workforce formation.
  4. Decide planned actions to address workforce issues.

Workforce Profile:

  • Maps employee data, categorizing by job, department, and classification.
  • May include age, gender, race, and disability for legal and inclusive adjustments.

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