Workforce planning is the solution to reaching your growth goals
Today, many companies say that finding talented workers is their biggest obstacle to growth. If this sounds familiar, you’re not alone. In 2021, employers and employees are navigating the transition to a post-COVID work environment together.
Over the past year and a half, employers have sped up their long-term plans to introduce new technologies that will not just increase efficiency but create safer work environments for employees. Employees left the workforce, voluntarily or involuntarily, retired more quickly than expected, adjusted to working in new environments, and set goals to enhance their skills during the economic downturn.
The solution to reaching your growth goals amid rapid change is workforce planning. Workforce planning is anticipating and preparing for future trends that impact the workforce. Effective workforce planning will help your company anticipate and proactively address workforce needs to meet its growth goals and ensure employees grow with the company.
Leveraging government programs and policy to advance your workforce planning
Government and public policymakers play a critical role in workforce planning. Each policy, program, and initiative driven by federal, state, and local policymakers can have an impact on your business. Often, these programs are designed to meet the needs of the business community.
Every state in the U.S. has a workforce or labor office. Many of these offices are responsible for advising Governors and their cabinets on workforce policy, directing funding for training and education programs, and/or coordinating across state agencies to ensure that education and training are preparing people for jobs.
States across the U.S. are increasingly investing in programs, policies, and initiatives that may benefit your organization. Examples of innovative workforce policies may include:
- Upskilling and reskilling funds and programs to reward employers for investing in new skills for employees.
- Rapid retraining programs for individuals who are unemployed or underemployed.
- Scholarship programs to help more students pursue college and university education to prepare them for careers in high demand.
- Recruitment and retention programs to engage more diverse sources of talent, such as women, minorities, veterans, returning citizens, and individuals with disabilities.
- Innovative apprenticeship programs, which allow employers to offer paid, on-the-job training to apprentices to earn while they learn.
- Priority jobs lists, developed using labor market data and employer input, and used to prioritize public funding for education and job training.
- Investments in digital literacy training to help job seekers learn new skills required to succeed in the modern workplace.
During a time when governments are investing millions of dollars into workforce development programs, it is in employers’ best interest to keep track of public policy initiatives and maximize funding and investments that will benefit their employees and their bottom line. However, it can be difficult to devote the necessary time and effort while running the business.
Workmorphis helps businesses leverage opportunities created by the public sector by monitoring emerging workforce policies, developing white papers to translate government news into insights for industry, and offering advising and implementation services.
Workmorphis helps the public sector develop policy and strategy informed by emerging trends in industry and education. We also advise public sector leaders and design teams and programs to achieve their goals and meet the needs of businesses and job seekers.
Workforce growth starts with a plan. Give us a call at 877.999.7717 to start planning for tomorrow.
