Workforce Modeling
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Overview

Workforce modeling solutions enable our clients to assess the People Implication of their business Strategy and understand the Supply-Demand Gap, especially in strategic job areas.

Workforce Planning model has a set of assumptions which can be set by the user. By defining a few variables for the scenario such as Attrition or Higher Demand, the absolute impact of the whole solution on the Headcount requirement can be checked.

Workforce Planning Solution helps our clients in identifying:

  • Current situation of the workforce and detailed demographics of the same
  • Impact of Supply Reduction variables (attrition, Retirement, transfers etc.) on the Headcount availability in near future
  • Headcount shortages by Job Function, today/ in the next three to five years, in various geographies
  • The impact of inter-geography and inter-division movement on the ability to close the gaps
  • The financial impact on the business due to potential loss of knowledge with an aging workforce.

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Methodology

The Workforce planning and Optimization models are driven by the client’s Employee database. These custom solutions provide Workforce Assessment Capabilities to a Multi-Geography team through a Client-Server application and facilitate collaborative and iterative scenario planning.

Segment Demographics
  • Comprehensive demographics Assessment of the workforce at a Grass-root level (e.g. a particular job function in a Metro Area)
  • Multi-layers analytics capabilities including Age and Tenure analysis, Voluntary vs. Involuntary Attrition, Retirement Pipeline and Compensation assessment

Segment Headcount Forecast

  • Forecast of Business Segment Headcount on the basis of Current Headcount
  • Multi Variable consideration such as Attrition, Retirement, Hiring, Recruitment Planning etc.
  • Quarterly level forecast, done for a period of 1-3 years

Demand Analysis

  • Financial data-based demand algorithm
  • Segmentation of higher level numbers from Finance models through Client specific algorithms and Supply based factors
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Green Modeling
Workforce Modeling
Talent Pool Modeling
Merger &Acquisition Modeling
Custom Modeling
Compensation and Benefits
Organization Design
Leadership Development
People Management Solutions
 
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