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

Visier

While the same talent challenges are spurring companies to become more data-driven in workforce decision making, the approaches they are taking fall mainly into two different camps: build or rent. Data warehouse software licenses. Data integration tools licenses. Data center maintenance costs. IT administrators.

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

Cornerstone On Demand

[This article reprinted by permission of Human Resource Executive ®] Data has been the driving force behind innovation in finance, sales and marketing for years, while human resources has struggled to keep up. The reality is that implementing data-driven HR requires a new set of skills and tools not found in HR departments today.

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People Analytics and HR-Tech Reading List

Littal Shemer

If you are interested in additional free resources for data science and R programming, check the comment section of this post. “Technology, data analytics, and artificial intelligence already impact how people work and engage with organizations. Click titles for Kindle versions (Work in progress. First published: May 14th, 2018.

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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. The most successful HR teams map people management metrics to business outcomes.

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Top Five Turnover Causes in Healthcare

HSD Metrics

The problem with these solutions is that they are time-consuming and the data is difficult to capture. Your employees–including the exiting employees–are your best source of data about your company. ” Our data shows that 56% of respondents listed those five causes as reasons for leaving. Scheduling and hours.

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HR Analytics – The “GPS” of True HR Transformation

Visier

Demonstrating the business value that HR provides by putting metrics in place. Redefining the metrics of success, with metrics focused on business challenges rather than favored, traditional (read “non-business relevant”) HR metrics. Numbers behind HR – benchmarking & analytics. Enabling HR service delivery.

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Performance Appraisal: The Ultimate Guide

Analytics in HR

Identifying opportunities for improvement based on pre-determined goals and metrics is a key goal of performance appraisals. Have the tools to set future performance goals – The goals and benchmarks your company is achieving now are a good indication of what goals to set in the future and at what pace your business can achieve them.