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Home > Products & Services > WebRecruiter Talent Forecasting

 
WebRecruiter Talent Forecasting segments the workforce by criticality and forecasts the gap between current workforce supply and future workforce demand. By using a guided process to index the criticality of each role, age workforce supply over time, and model future workforce demand in different “what if” scenarios, WebRecruiter Talent Forecasting takes the complex and makes it simple. WebRecruiter Talent Forecasting will even export detailed workforce plans to any recruitment management system.

Key Features:

• Segment workforce roles by criticality
• Generate a unique Criticality Index for each role
• Age workforce supply over time horizons
• Model growth in workforce demand over time horizons
• Analyze “What if?” scenarios
• Align workforce budgets with organizational objectives
• Forecast the gap between current supply and future demand
• Generate detailed Talent Forecasts and Workforce Plans
• Integration with any third-party Recruitment Management System
• Import talent forecasts into applicant tracking system
• Start sourcing positions before managers make requests
• Reduce time to fill by keeping applicant pools “warm”
• Be prepared for contingencies with “what if?” planning
• Maximize investment in the most critical roles

Key Benefits

• Import talent forecasts into any Recruitment Management System
• Start sourcing positions before managers make requests
• Reduce time to fill by keeping applicant pools “warm”
• Be prepared for contingencies with “What If?” planning
• Maximize investment in the most critical roles

Forecasting the Workforce Supply & Demand Gap

The guided process provided by WebRecruiter Talent Forecasting begins with reviewing historical workforce attrition and business growth rates. A structured analysis by job role follows, as workforce supply is aged and future workforce demand is modeled. WebRecruiter Talent Forecasting then models the gap in each job role between current workforce supply and future workforce demand, as well as recommends schedules of new hires to bring workforce supply and demand into equilibrium. As planning occurs, “What If?” scenarios can be analyzed to prepare for various contingencies. And throughout the entire workforce planning process, WebRecruiter Talent Forecasting generates robust Talent Forecasts, Workforce Plans, Workforce Gap Plans and other metrics reports to provide all the information required to make critical workforce spending decisions.

Role Segmenting & Criticality Indexing

WebRecruiter Talent Forecasting offers a unique Criticality Index to facilitate the talent forecasting process. Role segmenting and scoring enables WebRecruiter Talent Forecasting to generate a criticality score for each role, gauging the overall importance of the role within the organization. By then separating the planning of non-critical from critical roles, WebRecruiter Talent Forecasting encourages alignment of workforce investment in critical roles to organizational strategy and objectives while insuring that budgets remain in check for non-critical roles.