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Gain Actionable Insights Using Three New UKG Ready Benchmarking Features

UKG

Gain Actionable Insights Using Three New UKG Ready Benchmarking Features michael.reschke Wed, 08/16/2023 - 10:25 Main Image Background Color Blue Body Benchmarking allows you to compare important data to find the most effective way to manage your talent, increasing productivity and efficiencies and giving you a competitive edge.

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Workforce Analysis: HR’s Introduction and Guide

Analytics in HR

Conducting a workforce analysis helps you do just that. Contents What is workforce analysis? Why should you conduct a workforce analysis? How to conduct a workforce analysis. What is workforce analysis? You can carry out several different types of analysis, including: Supply analysis. Demand analysis.

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Why Cohort Analysis is Key to Effective D&I Programs

Visier

This is why, in our latest product release , we added the capability to lock a particular population to a specific point in time and analyze how this group is affected over time. How to do D&I-focused time-based cohort analysis. The post Why Cohort Analysis is Key to Effective D&I Programs appeared first on Visier Inc.

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Top 15 Tips to Track Payroll Metrics

HR Lineup

These KPIs will serve as benchmarks for measuring the effectiveness and efficiency of your payroll processes. Additionally, automation can save time and resources, allowing payroll professionals to focus on more strategic tasks such as data analysis and reporting.

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Time Logs: Definition, Benefits, and Steps to Keep One in Your Business

Homebase

When employees track their time and know that time tracking data is being logged and analyzed, this can improve focus and productivity. Give them access to the data and ask them what you can do to help them become more productive. A well-organized timesheet serves as a valuable tool for both short-term analysis and long-term planning.

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Why Benchmarking 2.0 is a Must-Have for Influential HR Leaders

Visier

Jac Fitz-enz — now celebrated as the father of human capital strategic analysis and measurement — founded the Saratoga Institute , and developed the first international HR benchmarking service. In this first wave of benchmarking, HR was provided with static comparison data that was typically 24 months old.

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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

This has a significant impact on organizational performance , leading to as much as a 25% rise in business productivity, a 50% decrease in attrition rates, and an 80% increase in recruiting efficiency. Types of HR analytics Different data analysis methods provide insight and identify trends within data.