Workforce Analytics: Seven Common Mistakes in Selecting HR Metrics

Peoplefluent

Monday, March 12, 2012 :00am. Workforce Analytics: Seven Common Mistakes in Selecting HR Metrics By Lois Melbourne. Unfortunately, measurements and metrics can so easily go awry: most data pulled by organizations are not very informative or interesting.

How Four Companies Enable their HRBPs with People Analytics

Visier

Many organizations want to enable their HRBPs to adopt a data-driven approach and be the ambassadors for people analytics while providing consultative support to the business on talent strategy. Many told me their HRBPs are afraid of data and analytics.

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The Case for Sharing — and Understanding — Human Capital Metrics

Cornerstone On Demand

Yet when evaluating a given company's worth, investors still rely on performance metrics that largely ignore an organization's brainpower. No wonder universal talent metrics are a touchy subject. Discussion and analysis to explain the metrics.

HR Analytics – Calculating Success

Strategic HCM

I’ve been re-reading a couple of books in preparation for another workshop on HR Metrics. It’s certainly a way of better understanding strategy, but its not an analytical approach! It’s why HR analytics are so useful, but also why we must not overestimate their usefulness.

HR Metrics and Business Partnering in South Africa

Strategic HCM

I’ve just booked my flights back to South Africa where I’ll be delivering a session on HR metrics in a couple of weeks time (22nd & 23rd February). And I’ve got another blog post on metrics coming out shortly (hopefully tomorrow!).

The Five Most Important HR Analytics

Strategic HCM

I’ve been down in Johannesburg for a few days, delivering a workshop on HR metrics and analytics. And it was analytics, not too surprisingly (as this is such a rapidly becoming an extremely important and popular topic), which gave rise to the most interesting discussion in the workshop.

HR Analytics – HCI Talent Strategy and Workforce Planning conference

Strategic HCM

Although this was mainly focused on, as the name suggests, talent strategy and workforce planning, it included a lot of broader stuff on analytics too.

Challenges and Opportunities for Talent Managers / 6 - Strategic HCM

Strategic HCM

Friday, 27 April 2012. And without clear metrics and a deep view into data on the workforce, the organizations have not had business intelligence reporting on their key assets — and have not had access to insights to create strategies to drive better business performance.

What is now business critical on the HR Director’s agenda?

Strategic HCM

Planning and analytics. Eg I liked the way that David Clutterbuck suggested that we need to be analytical in order to remain caring for our people. Analytics. And this might indicate that HR really hasn’t got a good handle on HR measures and analytics.

Employee Engagement Dialogue: Magnetic Engagement

David Zinger

David Zinger: So, really drawing them in, and the slide I’m looking at now is metrics for magnetism. A conversation with Kevin Sheridan and David Zinger. I encourage you to listen to this 20 minute conversation with Kevin Sheridan about his views and experiences with employee engagement.

Looking for HR – Or Any – Job Security? Try Analytics

SuccessFactors

CEOs are already bringing in executives from marketing, operations, or finance – disciplines that have been using data and analytics for years to drive their operations and outcomes – to lead HR. A key first step is understanding what’s keeping HR from embracing analytics.

Measuring Employee Engagement the Right Way

Digital HR Tech

Measuring employee engagement metrics. If your organization hasn’t started with HR analytics, this may not seem a big problem. You can use the results of previous years and your experience in data analytics to improve the questionnaire and tailor it to the organization.

2016 Turnover Rates by Industry

Compensation Force

Links for historical Turnover Rates: 2008 , 2009 , 2010 , 2011 , 2012, 2013 , 2014 and 2015. Metrics/Analytics Turnover

Why Using More People Analytics Could Have Unintended Consequences

i4cp

Use of data and analytics impacts almost every area of business today. Most of the discussion of analytics is focused on the positives—that is, the huge potential for using data and analytics to make better decisions, improve efficiency, make better products, etc. Like most things in life though, there are the possibilities of downsides, of unintended consequences or side effects of using more data and analytics in business.

Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for Workforce Intelligence

Visier

But, as more and more HR organizations grow their analytics function, I’ve noticed that not all journeys are the same. Recently, I learned about a large software organization’s quest to build a workforce analytics solution. Analysts to determine metric definitions and create reports.

How to Create a Human Resource Strategy

Digital HR Tech

This is done through KPIs (metrics that measure strategic goals). Measuring the impact of our products and services on the relevant business outcomes through analytics helps to adapt and improve what we do in HR. This is done through HR analytics.

Webinar: October Web Summit - The Data you Need to Know to Win Over the CFO

Paycor

Paycor reviewed proprietary data from nearly 30,000 customers and found that many standard HR and recruiting metrics are tactical, in that they track project management, or, at most, basic dollar-in, dollar-out cost analysis.

Measuring Employee Engagement the Right Way

Analytics in HR

If your organization hasn’t started with HR analytics, this may not seem a big problem. You can use the results of previous years and your experience in data analytics to improve the questionnaire and tailor it to the organization. Measuring employee engagement metrics.

The Art, Science and Impact of Implementing Data-Driven HR in 2017

Cornerstone On Demand

According to Deloitte’s 2016 Global Human Capital Trends report , 77 percent of companies believe that using “people analytics” is important, but the capabilities are lacking. A Bersin by Deloitte study found that companies using sophisticated people analytics see 30 percent higher stock market returns than the S&P 500, and HR teams are four times more likely to be respected by their counterparts for data-driven decision-making.

Data 335

Data Innovators In Sports And Entertainment: Phizzle

SAP Innovation

In 2012, we saw an opportunity to develop a flexible solution that not only assists in connecting these ordinarily siloed data repositories into one single touch point, but also to provide a way to analyze and engage fans with relevant messaging on relevant channels.

Data 39

How to Quickly Improve Any Performance Appraisal System

DecisionWise

Typical performance review programs are built around processes that range from evaluations based on business metrics (e.g., On the backend, users are provided a robust analytics tool, which means HR leaders and analysts will be able to cut and slice their data and discover hidden pockets where things are going well or poorly. Our survey instruments are designed to not only assess performance but also potential, and our analytics tool can be used to develop nine-boxes.

System 168

HR Festival Asia Speaker Spotlight: Daniel Kusmanto

HRExecutive

To kick things off, we speak this week with Daniel Kusmanto, Global Head of HR Analytics at ASM International. I joined HR in 2012 from IT and have been practicing HR Analytics since then.

Indiana Reduces Recidivism Through Big Data [VIDEO]

SAP Innovation

Indiana’s recidivism rate among adults stood at 35.58% in 2013, and the rate for juveniles measured 24% in 2012. Employees of the state of Indiana needed to be able to understand agency performance and metrics on any device, at any time, in real-time. Last April, the U.S.

Video 36

How Data is Evolving Human Resources

HR Daily Advisor

Any competent Chief People Officer will have their own set of key metrics to monitor as well as preferred methods and platforms for integrating data into all aspects of their function. Strong recruiting leaders led the way with use of analytics to drive success, for a couple of reasons.

Can HR Tech Deliver On The Employee Engagement Hype?

LAROCQUE

In 2012 we saw Employee Engagement look ripe for innovation. Most of what has entered the market has been focused on surveying employees more frequently, then digging in via analytics. In 2013 HR tech started to answer the call.

HR Data Quality

HR Examiner

Central to the issue of data integrity is the need to establish an organizational process in which HR data is considered to be a key governance issue (Young & McConkey, 2012). Young & McConkey (2012), Data governance and data quality: Is it on your agenda?

Data 100

10 Workforce Intelligence Cures for Improving Nurse Retention

Visier

Even though healthcare has been projected to add 4 million jobs — more than any other industry — between 2012 and 2022 , turnover is high and hospitals perennially face a shortfall of registered nurses (RN). These metrics help you accomplish this task: Resignation Rate.

Why You Should Care About the New ISO Human Capital Reporting Standard

i4cp

In December 2012, the Society for Human Resource Management (SHRM) dropped the proposed human capital metrics standard it was creating for the American National Standards Institute. The standard was dropped was due in part to it being perceived as burdensome and the metrics irrelevant to investors. This sentiment was echoed by members of i4cp’s People Analytics Board (PAB) during our recent review of the standard.

From Healthcare Worker Engagement to Patient Satisfaction: Your Six-Step Guide to Building a Service-Value Chain

Visier

How to Link Workforce Metrics With Business Outcomes, Part Three . Since 2012, under the Affordable Care Act (ACA) , the federal government has considered patient satisfaction surveys when determining hospital reimbursement levels.

Data 337

What is HCAHPS and What Does it Mean for Healthcare Worker Engagement

Visier

Healthcare reform has placed new pressures on hospitals since the introduction of the Affordable Care Act in 2012. The healthcare industry today is facing a perfect storm.

Senior Product Manager

WeSpire

Since 2012, WeSpire has been helping the world’s most forward-thinking companies inspire their people and transform their businesses. You are comfortable analyzing data through SQL, Excel, Google Analytics or other analysis tools. You understand that MAU is an important external metric, but internally we care about user behavior and impact. The Pitch.

Eye on Diversity

HRO Today

Researching the subject back in 2012, McKinsey found companies ranking in the top quartile of executive-board diversity experienced 53 per cent higher returns on equity, on average, than those in the bottom quartile. Hilde Haems, CHRO at global payroll and HR company SD Worx , warns that companies may not want to trust high recruitment and retention rates as a metric for diversity success. “If Four organisations share their journeys to a more inclusive workforce. By Simon Kent.

2019 BCGi Summit: Speaker Spotlight #2

Biddle Consulting

Session Title: Diversity Metrics. Many diversity programs fail in part because of lack of good metrics. This presentation will discuss appropriate metrics, how to develop them, and how to use them to engender success.

13 Top Recruiting Strategies to Use in 2020

Digital HR Tech

You can use a dedicated augmented writing tool that uses data and predictive analytics to determine what kind of writing works for your company and culture. Slowly but surely, the cohort born between the mid-nineties and 2012 is becoming a bigger part of the global workforce.

Wellness Programs that Make An Impact

HR Daily Advisor

co-author and Vice President, Behavior Science & Advanced Analytics at Johnson & Johnson Health and Wellness Solutions. 2012;16. [2] Can a workplace wellness intervention help improve employee vitality and purpose? A recent study suggests that it just might.

A Bird in the Hand…Using HR Technology to Find Hidden Talent

Vibe HCM

Despite widespread consensus that people are a company’s most important asset, HR and senior leadership often do not have ready access to the tools and analytics they need to easily find and promote the best internal talent. Hire Date: 2012. A New Model for Talent Management & Workforce Analytics. With these kinds of metrics, you gain perspective on the unique talents of your workforce. Hire Date: 2012.

eBook 40

A Bird in the Hand…Using HR Technology to Find Hidden Talent

Vibe HCM

Despite widespread consensus that people are a company’s most important asset, HR and senior leadership often do not have ready access to the tools and analytics they need to easily find and promote the best internal talent. Hire Date: 2012. A New Model for Talent Management & Workforce Analytics. With these kinds of metrics, you gain perspective on the unique talents of your workforce. Hire Date: 2012.

eBook 40