Emerging Practices: Workforce Analytics
September 18, 2013 12:30 PM - 1:45 PM
The new frontier in the actuarial profession is “Workforce Analytics” where economic and generational changes coupled along with advanced technology provides a wide variety of information on current and emerging workforce issues and opportunities. The marketplace needs actuaries with the talents to interact, interpret and evaluate the available data to identify trends and procedures to make qualified recommendations and evaluate results.
Voluntary attrition is a significant productivity drain and cost for many organizations. By coupling internal HR data with macroeconomic external data we highlight innovative solutions that better enable organizational stakeholders to address talent retention challenges and make improved investments to prevent unwanted attrition. Presenters focus on data visualization and predictive modeling output to make data-driven decisions for mitigating prospective attrition risk.
Managing the talent skill gap is becoming critical for the future of business whether with the aging workforce pressures or stabilizing a workforce in emerging markets. The speakers during this audio/webcast provide insight into how this is being presently employed in the business arena and the need for more actuarial involvement.
Session Category: Cross Discipline
Credits: EA Non-Core: 1.50 CPD: 1.50