Remove 2008 Remove Data Remove Retention and Turnover Remove Workforce Planning

How to Measure the Value of People Analytics

Reflektive

According to Google Trends, the search term “people analytics” was almost nonexistent until about 2008. More than half (52%) of organizations that use people analytics rate themselves as excellent at conducting multi-year workforce planning, while an additional 38% rate themselves as adequate. It’s the use of people-related data, from a range of sources, to guide strategic decision-making throughout an organization. Turnover rates within the first year.

Fire-Rehire Practices Particularly Inefficient in a Tight Talent Market

Lee Hecht Harrison

Our data further suggest that larger corporations on average rehire 10-15% of their laid off employees. While there is no easy answer, one solution is to embrace a redeployment strategy—and not just as part of a redundancy process, but as part of a larger talent retention strategy.