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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. Plus, he’ll provide some tips to start benchmarking and implementing these metrics.

Paycor 40
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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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Performance Appraisal: The Ultimate Guide

Analytics in HR

However, if taken full advantage of, this process provides countless benefits to ensure you keep your employees productive and engaged. A second study conducted in 2012 by Kim & Holzer reinforced that employees respond better to performance appraisal outcomes when they are actively involved in the process. Let’s dive in!

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2016 Turnover Rates by Industry

Compensation Force

The information in the following charts - both voluntary and total turnover rates - has been drawn from CompData's 2016 edition of their annual BenchmarkPro Survey, which features data submitted by more than 30,000 organizations. . . . . . . . . . . . . . . . . . . .