Companies Retain Competitive Workforce by Hiring Right, Says AberdeenGroup.BOSTON -- Challenged by changing workforce demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data. , 82% of businesses cite the intelligent deployment of technology solutions as the most positive step toward recruiting talented employees, says AberdeenGroup, a leading research firm serving major corporate technology end-users. Pre-hiring assessment is key as companies seek to add skill, knowledge, and attitude assessment software to their candidate screening. "The Enterprise Talent Management Benchmark Report: Hiring Smart, Hiring Right" found that leading companies emphasize strategic, longer term planning for their workforce, citing concern in the inability to predict future workforce needs. The survey was conducted in conjunction with the Human Capital Institute, a Washington, DC-based provider of educational programs for human capital practitioners, talent managers, and executives. "Hiring and retaining top talent is the driving concern of today's human capital management professionals," said Dr. Katherine Jones, Aberdeen's research director of enterprise applications and author of the report. "Employers are torn between two issues: planning for the future workforce, and hiring a better workforce today. This stems from the perception that there is an insufficient supply of top talent in the current labor force, and a fear that the supply will shrink further in the future." Sixty percent of survey respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. perceive career development, succession planning Management Succession Planning In organizational development, succession planning is the process of identifying and preparing suitable employees through mentoring, training and job rotation, to replace key players — such as the chief executive officer (CEO) — , and managing the internal mobility of their existing workforce as primary challenges. Yet despite these concerns, 50% report that their current hiring management strategy is reactive and emergency-driven, with little or no long-term planning for future staffing requirements. This study surveyed respondents on hiring management practices and challenges, and key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. used to improve the workforce. The ensuing en·sue intr.v. en·sued, en·su·ing, en·sues 1. To follow as a consequence or result. See Synonyms at follow. 2. To take place subsequently. report provides actionable Giving sufficient legal grounds for a lawsuit; giving rise to a Cause of Action. An act, event, or occurrence is said to be actionable when there are legal grounds for basing a lawsuit on it. steps to optimize hiring management. To obtain a copy of this report please follow this link: http://www.aberdeen.com/summary/report/benchmark/RA_ETM (database) ETM - An active DBMS from the University of Karlsruhe. _KJ.asp About AberdeenGroup Founded in 1988, AberdeenGroup Inc is the trusted advisor to the global business executive for value chain strategies and business advice. About Human Capital Institute HCI (Human Computer Interaction) Refers to the design and implementation of computer systems that people interact with. It includes desktop systems as well as embedded systems in all kinds of devices. is a catalyst for innovative new thinking in talent acquisition, development and deployment. Through research and collaboration, HCI's programs collect original, creative ideas from a field of executives, HR practitioners and the brightest thought leaders in strategic talent management. Those ideas are then transformed into measurable, real-world strategies that help its members attract and retain the best talent, build a diverse, inclusive workplace, and leverage individual and team performance throughout the enterprise. www.humancapitalinstitute.org |
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