The management of a company's workforce generally falls under the administration of the HR
department, with the direct supervision of employees usually designated by a tiered management structure. Workforce can also generally refer to the broad economic class of people that are employed and contributing to the economy.
The HR department is responsible for recruitment of personnel, development of staff competencies, administration of benefits and compensation, and the overall plan to increase the productivity of the workforce. Effective workforce management is the topic of an infinite number of business books and MBA papers. Overall, the trend in workforce optimization techniques has been moving towards increased quantification of performance and precise examination of total employee costs and output.
Use our resources and articles to explore talent management topics and best practices. Though the topic of countless studies and business books, management of employee talent may still be called more art than science. Keep up to date with the latest management news, tips for motivation, and business articles.
Find out about turnover: from an employers' perspective, how to manage employee turnover and build a sound business and HR strategy. From an employees' perspective: build your market value, protect yourself with career tips, and research your job options and develop proactive relationships with recruiters.
Succession planning for your business? Building a bench of talent to fill positions with expected turnover? Find tools, tips and best practices for business succession planning through resources for talent acquisition and HR professionals.
Human capital is what makes companies work. Employee talent engineers, designs, develops, and sells the products. Why then do some organizations forget the human side of their business? Find resources and best practices on human capital management, recruitment, organizational assessments, and management theory.
Looking to increase retention rates at your organization? Find employee retention trends, best practices for employee management, and talent management technology research and directories. Connect with leading consultants in the field of employee and human capital optimization.
Information and resources about relocation for employment and job search. Find local salary and job information using our career information and job search tools.
Find resources, articles, tips, and news on the latest training and development thinking. Both business management and Human Resources / Learning and Development specialists can search for advice on workforce training and management concerns.
The term workforce refers to the working employees that perform within a team or a unit in an structured organization. The performance of a company depends almost entirely on its employee talent, which determines productivity, innovation, and overall growth. The better the workforce of a company, the productive it is. In the modern business climate, an efficient management process is essential to keep employees committed to the welfare of the company that they are working for.
Labor management, as a broad topic, may include anything from regulatory and compliance matters to employee wellness and job satisfaction. The two major types of workforce analysis are covered through organizational psychology and economic analysis. Organizational psychology contributes to management perspective and the development of HR programs to mediate the needs of employees and employers. Broadly, economists and policy makers consider the impact to the workforce of every social and governmental program, including educational reform and tax policy.