Considering that actual recruiting costs range from 1.5 to 3 times the annual salary, it makes it all the more critical to be able to anticipate evolutions in the workforce to reduce associated costs.
Nevertheless, in a rapidly changing economic environment and with an increasingly volatile workforce, it is difficult to anticipate future skills requirements and fill in the gaps accordingly. In order to take informed decisions, you need to move beyond instinct in making talent decisions and rely on factual and up-to-date data, but complex, data.
To do this effectively, you need a complete framework that enable you to set up future workforce scenarios, based on the analysis of internal and external market trends.