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Part II “We Know More Than We Can Say: How to Use Tacit Knowledge

Conversation Matters

They had access to first-rate company repositories of best practices, case examples, reusable work products, methodologies and tools, discussion forums and expertise databases. Also in this category was the identification of specific work products and the names of other people who could be helpful, along with an introduction. Validation also provides seekers the certainty that they have done enough background work, saving the seeker the time it would take to gather further data.

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A paycheck is not a thank-you

Achievers

For example, you can justify the expense of providing lunch to employees by running the numbers about increased productivity, since they’re more likely to stay at the desks during lunchtime. Collect ART data: absolute, relative, and trend. David Brennan is a man of strong opinions.

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How Customer Data Platforms Turn Big Data Into Business Insights

SAP Innovation

How to transform big data into business insights is one of the most pressing and complex questions CMOs want to answer in 2015. An Experian Data Quality Benchmark Report found that 95% of global companies feel driven to turn data into insight. They start with data.

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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. . . . . . . . . . . . . . . . . . . .

Learning Corner with Jeff Pfeffer: How to Get More Benefit from Health Benefits

Cornerstone On Demand

Health benefits matter for attracting and retaining workers, particularly in tight labor markets and for crucial jobs—and data show this is true even for younger workers. A study of more than 51,000 employees working for 10 employers found that health-related productivity costs were almost 2.5

How to Train Managers on a Low Budget

Cornerstone On Demand

In 2013, at the end of my first week as Cornerstone OnDemand's first manager of learning and development , I sat down and wrote a three-year training plan. As Brandon Hall Group's 2017 training benchmark study stated , "Although it is a much sought-after piece of data, the actual size of the training budget doesn't mean much. This article was originally published under Jeff Miller's column “The Science of Workplace Motivation" on Inc.com.

3 Tips for Building a Best-in-Class Company Culture

Kazoo

The data collected by Kazoo backs that up. Use that to build your business case — that kind of boost in your employee experience directly helps KPIs such as revenue, productivity, and retention. Looking for advice on improving company culture ?

Be careful! These books can change your career: People Analytics and HR-Tech reading list

Littal Shemer

Artificial Intelligence for HR empowers HR professionals to leverage this potential and use AI to improve efficiency and develop a talented and productive workforce”. Data-Driven HR: How to Use Analytics and Metrics to Drive Performance. Foster Provost and Tom Fawcett (2013).

KPIs Alone Will Not Fix The Diversity Problem

SuccessFactors

And when it comes to business objectives, KPIs are our go-to benchmark. Last year, a study from the Center for Talent Innovation showed that companies are likely to experience less innovation and productivity alongside higher staff turnover costs and fatigue when employees perceive bias.

Tapping the top 3 sources of high-quality candidates

HR Times

Sourcing internally has important benefits, including eliminating the additional costs of recruiting and onboarding externally, and decreased time to productivity. Aberdeen Group, 2013, [link]. 3 Bersin by Deloitte Talent Acquisition Benchmarking Data, 2014.

Challenges and Opportunities for Talent Managers / 6 - Strategic HCM

Strategic HCM

Productivity and labour cost remain important measurements; these are the tools investors, lenders and businesses use to benchmark progress (or lack of it). The first is in ensuring that all relevant data elements (higher and lower value) are captured in the warehouse.

The Integrated World of the Interactive Talent Conference

Lumesse

Besides the backfill costs, there’s the lost productivity, confusion and disruption that can stymie the attainment of corporate goals. These meetings often operate in a data vacuum, without the full talent management picture that decision-makers need at the time of the meeting.

What Companies Need to Do About Work-Life Balance

exaqueo

In Gallup’s 2017 State of the American Workplace Report, the research states the percentage of employees “working remotely in some capacity has grown from 39 to 43 percent since 2013, and those working off-site spend more time off-site.” Being more likely to agree they feel more productive because they work from home. So, remote workers are more engaged and productive, and work longer hours. This month at exaqueo, we’ve been talking a lot about work-life balance.

Engaging the workforce

HR Times

Consider research on how engagement affects: Productivity: American businesses lose productivity worth $300 billion annually due to disengaged workers. 2013). 2013). Getting past once-and-done measurement surveys to achieve always-on listening and meaningful response.

ADP 98

Engaging the workforce

HR Times

Consider research on how engagement affects: Productivity: American businesses lose productivity worth $300 billion annually due to disengaged workers. 2013). 2013). Getting past once-and-done measurement surveys to achieve always-on listening and meaningful response.

ADP 98

Tapping the top 3 sources of high-quality candidates

HR Times

Sourcing internally has important benefits, including eliminating the additional costs of recruiting and onboarding externally, and decreased time to productivity. Aberdeen Group, 2013, [link]. 3 Bersin by Deloitte Talent Acquisition Benchmarking Data, 2014.

Employee Engagement in Healthcare: 5 Facts You Need to Know

Bonfyre

This is because the signifiers of engagement are consistent across industries–higher productivity, job satisfaction, retention, profit margins, and more. Its study observes that because employee engagement in healthcare trends higher than global norms, any goals or benchmarks set to raise these scores must reflect this data. When measuring employee engagement in healthcare, it’s critical that realistic, data-informed criteria directs your goals. The data back Kruse up.

How Scarcity and Attrition Might Ruin Recruitment Planning

HR Daily Advisor

What do benchmark data reveal about industry and occupation trends? What is the productivity of the workforce? Anticipated Supply 2013 = Sum of Current Headcount – Anticipated Exits – Anticipated Retirements. Anticipated Supply 2014 = Sum of 2013 Anticipated Supply – Anticipated Exits – Anticipated Retirements. Among the features of this new product: Results from our national survey on recruiting best practices.

Why We Need Retail Employee Engagement Now More Than Ever

Bonfyre

Another study looked at turnover on a global scale by examining data from LinkedIn user profiles. Showrooming refers to when a customer will research and select products in a brick-and-mortar store, but make their final purchase on the internet.

RPO in Europe a “Very Big Deal”

Cielo HR Leader

billion) in revenue in 2013. Therefore, data and insight into the “most effective recruitment approaches” for each labor market/country is, quite simply, non-existent.

4 Big Reasons to Automate Your Expense Management

Insperity

to process an expense report manually, according to the 2013 Travel and Expense Management Benchmark Report by Paystream Advisors. With an automated expense management system, managers can easily run reliable reports and analyze data, which can help put you in a more competitive position to negotiate better deals. For instance, if tardy reimbursement checks cause financial hardships for employees, you can also expect to see declining morale and productivity.

HR Tech Weekly: Episode #237: Stacey Harris and John Sumser

HR Examiner

When Amy Errett started Madison Reed in 2013, she was looking to disrupt the $46 billion hair color Link ». -->. 00:03:43] Real-time machine learning enabled data management that allows you to do other machine learning related things. You know, our data found. Data in it.

The 5 biggest challenges facing remote workers (and how to solve them.)

Interact-Intranet

Failure to address these causes decreased productivity and employee engagement, an impact on overall team morale, increased staff turnover, and a negative impact on business outcomes. In 2013, Yahoo went so far as to ban working from home outright : “ We need to be one Yahoo!,

What Is Employee Turnover (and Why It Matters)

Zenefits

In this article we walk the basics of employee turnover, including how to calculate it, industry benchmarks, and how we can use turnover rates to better understand business or economies at large. Let’s take a look at the data in chart form. Preliminary data.

#Employee Feedback Is The Killer App #HR

TalentHQ

Gallup tells us that only about 1/3 of employees are actively engaged, Glassdoor data shows an average engagement of a C+ (3.1 I’ve analyzed data from Glassdoor , a website which lets employees rate their employers, and you can see the distribution below.

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The Digital Force Awakens (Part 1)

SAP Innovation

My hypothesis to be tested: Benchmarked with peers, enterprises that successfully digitize the core should enjoy improved profit levels, reduced time to market, or better value from IT investments. We have known about Big Data for years now.

The Changing Role Of The CIO

SAP Innovation

It takes a snapshot of the views of IT leaders across the world, providing a benchmark of how technology is evolving in business. That figure is slightly up from last year’s 62 percent, but down from 66 percent in 2013.

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iCIMS - Technology for Induction - and ensuring Quality of Hire ~ HR.

Strategic HCM

And one very good example of effective onboarding / induction technology is the product provided by this blog’s sponsor, iCIMS. Induction Reports: Measure global metrics on HR productivity and key performance benchmarks. ► 2013. (44).

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The Heartbeat of the Organization

Conversation Matters

3 Cisco’s study of 2000 of their teleworkers in five global regions provided an estimated $277 million in annual productivity savings, and more than 47,000 metric tons of greenhouse gases avoided. Cisco’s study shows that remote employees are most productive and creative when allowed to self-manage. It is only when events or data are ambiguous or contradictory that individuals become aware of themselves as actively struggling to make sense. Business Insider (2013) .

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10 Ways to Make Good Hiring Decisions Out of Bad Decisions

Aurico

Disregard or ignore objective data if it contradicts your personal beliefs. After all, one of your key performance metrics is Time to Hire, and moving ahead with an offer quickly makes your productivity on paper skyrocket. 10 Easy Ways to Change Bad Hiring Decisions into Good Hiring Decisions According to a 2013 CareerBuilder Study of Candidate and Recruiter Behavior, the average cost to find and engage 26% of new hires is above $10,000.