Workforce planning tools are instruments that help analyze the current capabilities and future needs of the employees.
They are designed to make your ability to carry out different workforce planning tasks easier. Tasks like:
- analyzing gaps between current abilities and future needs
- investigating business performance and potential
- predicting future scenarios are made simpler with any of these best workforce planning tools.
Benefits of Workforce Planning Tools
1. Optimized talent acquisition: Workforce planning tools enable organizations to identify the skills and competencies required for future roles. By aligning talent acquisition strategies with long-term business objectives, companies can attract and hire candidates who possess the right skill sets and potential for growth.
2. Enhanced succession planning: These tools empower companies to proactively identify and groom potential leaders within their organization. By assessing employees’ performance, skills, and career aspirations, businesses can create tailored development plans and ensure a smooth transition when key positions become vacant.
3. Improved workforce utilization: They provide valuable insights into workload distribution, skill gaps, and areas of overstaffing or understaffing. This enables organizations to optimize workforce utilization, allocate resources effectively, and minimize operational costs.
4. Better decision-making: These tools provide you with real-time workforce intelligence, enabling you to make data-driven decisions regarding talent acquisition, performance management, training and development, and overall workforce strategy.
Best Workforce Planning Tools
| No. | Workforce Planning Tool | Description |
| 1. | Runn | Runnis a workforce planning tool for consulting, agency, and software businesses. It allows for quick and easy management of team workloads, understanding of profitable roles, and forecasting future needs. It offers real-time resource management and automation perks. |
| 2. | Paymo | Paymois a workforce planning tool for small teams in remote or hybrid work arrangements. It provides a visual timeline for scheduling and workload management, along with features for tracking employee data and profitability. |
| 3. | Bizimply | Bizimplyis a workforce planning tool specifically designed for the healthcare, retail, and hospitality industries. It offers solutions for employee scheduling, time and attendance, payroll, and shift reporting across multiple locations. |
| 4. | Quinyx | Quinyxis a workforce management tool powered by AI. It helps identify peak and dull times, delivers accurate business forecasts, and provides insights for optimal labor hours and staffing needs. It also offers demand forecasting to prevent overstaffing and understaffing issues. |
| 5. | Planday by Xero | Plandayis a workforce planning tool for retail, leisure, and healthcare industries. It provides detailed employee scheduling, integrates with various tools, and offers features for staff management, reporting, and communication. |
| 6. | Planful | Planfulis a workforce planning tool focused on dynamic planning. It allows for highly customizable data models, flexible planning and decision-making, and optimized headcount plans that can be adjusted in real-time. It also offers financial management capabilities. |
| 7. | Workday | Workdayis an agile workforce planning and analytics software that integrates financial, people, and operational data. It enables configurable processes, delivers insights for strategic decision-making, and addresses challenges related to Covid-19 and diversity. |
| 8. | Tamigo | Tamigois a workforce planning and scheduling tool that combines various functionalities such as scheduling, absence management, performance tracking, and HR management. It focuses on financial drivers and offers features for employee retention. |
| 9. | MYOB | MYOBis a tool that incorporates workforce planning along with payroll and HR functionalities. It automates rostering, provides leave planning, employee development, recruitment, onboarding, and reporting capabilities. It is particularly suitable for businesses with a strong focus on accounting. |
| 10. | Employment Hero | Employment Herois a workforce planning tool that reduces administrative tasks for HR professionals. It offers automated onboarding, induction, signature, reminders, and lodging of super and tax details with an easy-to-use interface for employees. |
| 11. | Timecloud | Timecloudis a workforce planning tool designed for industries with complex workforce management needs, such as construction, fisheries, and warehousing. It offers tools for tracking timesheets, rostering, job costing, and payroll automation. It also provides organizational charts for better visibility of roles and staff. |
