Parents are growing weary of the Elf on the Shelf, Santa is packing up his sleigh, and New Year's Eve plans are being discussed. That's right, it's that time of year again: the end. As we approach Christmas and the culmination of 2021, it's the perfect time to assess the past year.
It's also the right time for leaders to reflect on the year and outline key drivers for success in the year ahead. To remain competitive, attract and retain top talent, and drive exceptional employee experiences, many HR leaders will focus on process improvements or technology enhancements to connect and improve the workplace.
Here are the hottest HR gifts to give this holiday season.
With the continuous pressures of the "Great Resignation," HR leaders face challenges trying to attract new employees, retain top talent, and forecast future workforce needs. HR and business leaders need better understand their blind spots and leverage actionable insights to keep employees engaged, happy, and growing to address these challenges.
Oracle Fusion HCM Analytics delivers the insights HR organizations need to understand workforce diversity, mitigate employee attrition, optimize recruiting efforts, predict employee retention trends, and even manage compensation ratios. The platform enables organizations to optimize the cost of their workforce, appropriately reward high performers, and maximize employee retention. In addition, access to comprehensive recruiting insights allows organizations to improve hiring strategies to build top-performing teams.
HR leaders are also challenged to better understand the skills within their workforce, allowing them to identify internal and external candidates with the right capabilities for new roles, see areas they need to hire for, or help employees develop specific skills. Having the right technology to detect, manage, and grow workforce skills at scale enables you to align your skills data–and your talent–to business strategies and critical growth initiatives.
With Oracle Dynamic Skills, you can support your current and future talent needs to drive business agility and plan for the workforce you'll need as you move forward.
The pandemic brought the importance of communicating with, connecting to, and supporting employees to the forefront. Companies need to get employees the information they need to do their jobs and live their lives no matter where they are. Oracle Journeys enables HR teams to create, tailor, and deliver a step-by-step experience to walk employees through events as diverse as onboarding, having a baby, returning to the workplace, launching a new product, or growing their career—from any device anywhere. Employees also get the information they need at their fingertips, creating an employee experience that is interactive, media-rich, easy to navigate.
Each employee has different career goals. A robust opportunity marketplace goes beyond matching people to roles or side projects and encourages continuous learning through personalized recommendations that allow employees to gain new skills and control their careers. If an employee is interested in working in a different department, they can find relevant and recommended gigs through an opportunity marketplace like the one provided by Oracle Cloud HCM. Employees are empowered to explore internal opportunities and grow their network instead of feeling stuck or unfulfilled in their current role.
It's like Christmas morning magic!
Looking for more ways to transform operations and employee engagement? There's no reason to search the skies for magic. From digital assistants to artificial intelligence Oracle Cloud HCM covers all phases of the talent lifecycle – planning, recruiting, performance, learning, career development, succession planning, compensation, talent reviews and was recently named a leader in the 2021 Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises for the sixth consecutive year. Reach out to our elves to learn more.
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Michelle Shapiro is a product marketing director within human capital management at Oracle. Her mission is to evangelize the power of Cloud HCM as a critical tool for organizations to modernize their HR practices and transform their workforce. Prior to Oracle, Shapiro worked most notably at Fiserv and Hyland Software, where she drove the adoption of digital automation strategies within financial institutions.