People Places Events In History Terms Organizations
Home Invites Members Groups Events Careers Videos News Photos Blogs Polls Forums Chat
Home > Client News & Resources > Post Content

Workforce Planning in a Booming Economy (13267 hits)

A fast-growing economy puts pressure on any company’s workforce planning. As the unemployment rate in the U.S. dips toward 6 percent and productivity gains taper, there are fewer qualified candidates to fill a swelling number of open positions. Many HR departments must adjust their efforts in order to fill a widening gap between the supply and demand of new talent.

Re-Assessing Your Current Workforce Plan

There are many signs that the U.S. is finally heading out of its long recession. Your workforce planning efforts must identify the areas most affected should the economy take off.

Company projections for growth in the workforce may no longer be realistic. Ask what it would take to meet a surge in open positions. Perhaps an increase of contingent staffing for the short-term is in order.
Increased demand for employees also increases pressure on your retention policies. Review current retention policies, especially for your most valued employees.
Scrutinize how your company’s compensation and benefits packages compare to those of competitors. Look for creative benefits improvements that appeal to a younger generation of workers.
Re-evaluate new college graduate acquisition programs. A larger internal talent pool of graduates could be tapped as the economy grows. Perhaps your company can improve its university presence and expand internship and training programs.


Continued: http://buyerads.com/blog/?p=645
Posted By: Elynor Moss
Tuesday, August 12th 2014 at 8:41AM
You can also click here to view all posts by this author...

Report obscenity | post comment
Share |
Please Login To Post Comments...
Email:
Password:

 
More From This Author
Book Find: Eleven Rings: The Soul of Success
CHARLES R. DREW UNIV OF MEDICINE & SCIENCE PROGRAM DIRECTOR MAKES HISTORY
The Cast Of ‘A Different World’ Unite To Give $360k For HBCU's
Beyonce took over the world with an HBCU-inspired Coachella performance
Good Intentions
MVSU's Zelma T. Howard Lecture Series presents poet George Drew
Thank You Rust College
Emmy winner Jesse Vaughan, 6 others to be inducted into Va. Communications Hall of Fame
Forward This Post Entry!
Client News & Resources Home
Employer Showcase
>> more | add
Latest Jobs
Senior Manager, Market Sales - Market 8 (San Francisco) with Best Buy in Concord, CA.
Best Buy - Google Expert with Best Buy in Corona, CA.
Appliance Sales Consultant with Best Buy in Mcallen, TX.
Appliance Sales Consultant with Best Buy in Mcallen, TX.
Pacific Sales Customer Service Specialist with Best Buy in Oceanside, CA.
>> more | add
Latest Member Activity
david johnson just became a new member. 06:52PM
calvin cannon just became a new member. 04:20PM
frederick roberts just posted a blog entitled 'indian co-ed moriah colbert is new miss prairie view a&m university'. 03:59PM
gregory boulware, esq. just commented on a blog entitled '~ "ironically speaking!" ~'. 09:19PM
gregory boulware, esq. just commented on a blog entitled '~ chapter 5: 'farmland, a skippack retreat?' ~'. 01:22PM
gregory boulware, esq. just commented on a blog entitled '~ "in the soul and spirit of life and living!" ~'. 01:21PM
gregory boulware, esq. just commented on a blog entitled '~ 'fairmount' terror in the park: the series! ~'. 01:21PM
gregory boulware, esq. just posted a blog entitled '~ "seeing us-a lost for words" ~'. 02:23PM
markia alston just became a new member. 08:21PM
gregory boulware, esq. just posted a blog entitled '~'alexandre dumas, author/playwrite'~'. 07:28PM
gregory boulware, esq. just commented on a blog entitled '~“it came across my desk”~'. 05:47PM
gregory boulware, esq. just commented on a blog entitled '~"a man of color?"~'. 10:41PM
>> more | invite friends