Executive leaders and HR Directors need on-demand access to workforce data that helps them make educated, long-term decisions. PeopleStreme’s Workforce Planning is designed to do just that.
As a robust platform that can delve into specific facets of your organisation and offer forward-reaching, meaningful analysis, it’s also a predictive tool that organisations with the execution of future planning requirements. Instantly leverage all of your workforce data, demographics and organisation hierarchy across your other PeopleStreme HR systems, or upload employee info via a simple Payroll import.
Our Workforce Planning software comes standard with built-in modes for Business As Usual, Growth by Acquisition, Organic Growth, Workforce Forecasting, and Workforce Restructuring by 10-20-30%.
In Workforce Forecasting Mode, the PeopleStreme Workforce Planning system has the following features:
Restructuring Mode — in workforce restructuring Mode, the following tools are available:
Workforce Forecasting provides organisations with a plan to address their strategic Human Capital requirements. PeopleStreme’s Workforce Forecasting is a tool to enable a workforce planner to work with line management and build a workforce forecast plan for each department. These plans can then be automatically consolidated into an organisation wide workforce planning strategy.
These Workforce plans are used to identify Workforce Gap assessments (where are we falling short in Human Capital?), the risks affecting the organisation’s workforce, recruitment (who should we recruit to fill the short terms gaps?), development (what and who should be developed to fill skills gaps?) and how do we best achieve strategies within each department?
Workforce Planners can create a plan for different Scenarios, for each year for each Department. For example, you can conduct a Business as Usual forecast as well as a Grow by 30% forecast and compare the two outcomes for better results.
Once a forecast is complete, HR can then develop the Strategy in consultation with the line manager. The Strategy details how you plan to address the forecast taking into account various factors.
The Forecasting system produces graphical reports for each department as well as a consolidated organisation wide report. Reports can be exported to Word or PDF documents.
The Workforce Restructuring module enables organisations to plan their future Human Capital requirements. It’s a tool that enables a workforce planner to work more efficiently with line management to develop various restructure plans under different scenarios.
Workforce Planners can test out plans for different Scenarios, e.g. each year for each Department. Each Scenario details head count, dollar cost saving and provides both Department Summary and Organisational Summary Reports.
Once a restructure plan has been completed, the Status Panel will be updated to reflect your decisions. This then notifies the person in charge of the entire restructure what has been completed and what has not.
The Restructuring module also establishes potential risk factors for your restructure plan and therefore enables you to mitigate risk by directly addressing these issues as each department completes their portion of the restructuring plan.
Cost is always an important factor in any major workforce change; the Restructuring module outlines cost implications for all plans and variations, enabling you to make educated decisions and reports.
Don't waste time running manual reports to help you make informed decisions. Important analytics should always be at your fingertips when you need them.
Our software provides analytics instantly, precisely and any variations on your data can be tweaked and re-modelled to guide you toward the most appropriate workforce decisions.
The advantages of a PeopleStreme Workforce Planning system over manual methods are many, here are some benefits to consider:
We know how important it is that your employees feel comfortable when things change, so we let you customise your new HR platform to match your colours, logo, rating scales, manager roles & more!
And yes, these changes are all easily managed by you and come standard with any PeopleStreme platform!
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