2 min read | HR VS Big Policy

HR VS Big Policy. Brexit.

Could data analytics solve the skills shortage puzzle?

Could data analytics solve the skills shortage puzzle?

HR policy and procedure are heavily influenced by employment law and that is dictated by the Government of the day.

A rapid top-down movement of the United Kingdom shows that the UK is “on its way to the worst constitutional crisis since the parliamentary government was formed in 1688”, – believes Sunday Times. Here we can create a logical chain: Brexit – borders closing – imposed isolation – an outgoing deficit of goods, services, and skills – an outgoing surplus of the workforce – 1,2 Million unemployed in EU…?

Which biggest problems will face the companies, dealing with the UK?

/ Managing employee relocation and work migration

/ Escape of the foreign business and search for the new dislocations

/ Battles for talents

/ Skill gaps, especially in cybersecurity

/ Lack or surplus of workforce

Whereas 80% of hackers
are self-taught,
cybersecurity must be learned.

From the smallest to the largest – all organizations feel confused about how to build their workforce strategies from 2019 onwards. So, how can HR and Big Data contribute?

/1 Know where to focus your attraction strategies and invest in your recruitment budget. 

Big Data could prove useful in skills and contingency planning, because in years to come the employers will be facing shortages in roles that barely exist yet.

/2 Control internal labor supply.

What proportion will be affected, are people at risk of leaving, are there particular individuals that might be critical to the business?

/3 Check external factors.

What are your competitors up to, will the hiring cost more because you put up salaries, what about the supply chain?

/4 Increase recruitment efficiency.

How quickly are the vacancies being filled, are acceptances falling, which indications are not regarded in the labor market?

7/10 employers
have faced recruitment difficulties in the previous three months.

HRForecast launched a tool called #smartPeople, which allows businesses to interrogate its database of career profiles and measure up how they compare with competitors. It’s a real-time picture of where talent sits.