What are the benefits of workforce and skills forecasting management systemwork?
Facilitating strategic human resources planning
With advanced features, HRIS software can identify gaps between the skills available and the skills required to achieve the company’s goals. They can also help you define concrete action plans to close these gaps, whether through training, recruitment, or internal mobility. If a key employee decides to leave your company soon, do you have the qualifications internally to replace them? Can a subordinate aspire to rise in their role, or will you need to recruit? If their career paths have been optimally tracked, you will have all the keys to make an informed decision based on concrete elements.
Enhancing employee engagement
By providing visibility on career progression opportunities within your company, these tools contribute to motivating and retaining your employees. Employees feel valued and encouraged to develop their skills, knowing they have prospects for advancement alongside you. Promoting internal mobility also allows for better talent retention and avoids the costs and time involved in external recruitment.
“The average recruitment time for an executive has increased from 9 to 11 weeks between 2020 and 2021, and up to 12 weeks in high-value-added services sectors (IT, engineering, consulting, etc.)” – APEC
Predictive analytics
By leveraging available data, HRIS software like Cegid Talentsoft, Cornerstone HR, or Sopra HR, can anticipate future skill needs and implement preventative actions. This allows the company to prepare for upcoming changes, reduce risks associated with the loss of key skills, and optimize its recruitment and training strategy.
HRIS software then provides you with better visibility of the company. As a human resources manager, you have powerful tools to effectively manage skills and career development. And to promote skill development, what better than tailored training?
