Just a few years ago, nobody expected that the issue of employee retention would become so global. Today, more than 35% of the American workforce consists of millennials. This generation dictates its own standards, changing the game, and forcing HR managers and recruiters to reconsider their traditional approaches.
Developing an educational app that employs social media, gamification, and other effective tools allows you to make the learning process interesting and interactive. This helps keep young employees engaged, retains them in your organization and makes your business run better and faster.
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Three things in life are permanent-BreathingTaxesA tough phase in business, at least once in a lifetimeIt goes without saying that the COVID-19 pandemic has brought an abstruse situation in front of many business owners.
Here comes the need of taking the right approach that sets you apart and makes you capable of growing your efficiency as a business to deal with rough situation like a pro.
How?Here are a few most and widely adopted business survival plans by organizations these days to grow, regardless of lockdown- Connecting Employees through an LMSOnline training solutions can turn out to be extremely effective in training and reaching professional goals.
This would make your team ready to set the ball rolling once the normality resumes.
Making Training Effective with MicrolearningInteractive methods and regular reinforcement through microlearning are becoming the heart of strategic planning today for corporate trainings.
Training materials can be managed and provided in small nuggets which employees these days prefer the most.
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Importance of Workforce Planning Workforce planning plays a major role in making sure that the necessary skills are made available to the organization whenever needed to meet its strategic goals.
It helps make sure that the existing manpower is being used optimally It supports achieving the organization’s strategic goals and objectives by ensuring that the right kind of people are hired to fulfill the demand for labor in a timely mannerIt provides information necessary to carry out other HR functions such as recruitment, selection, promotion, training and development, etc.
and define HR policiesIt helps the organization adapt to the changes in the environment caused by competition, technology, government policies, etc.
A visual template for a skills inventory that is easier to refer to and understand is given below.Step 2: Forecast future demand for human resourcesThis step requires you to understand the future goals of the organization first, as they would have a significant impact on the future human resource demands.
Prior to determining the future needs, you also need to consider factors such as employee turnover rates, market or industry trends, technological advances that will help automate processes, retirements, promotions, layoffs, etc.
It also highlights reporting relationships between employees, their roles and responsibilities.
