Workforce Analysis

[ˈwərkfɔrs | əˈnæləsəs]

Workforce analysis is a process using ROI and employee data to make educated decisions about retention, recruitment, and employee management.

It is often used to ensure the proper staffing level so that costs are optimized, competencies are fulfilled, succession is managed, resiliency is retained, and agility is achieved. This is achieved when the supply and demand of skills and employees are forecasted and identified promptly.

Part of speech:
Use in a sentence:
Managers must carry out a workforce analysis.
Workforce Analysis