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.

From Predictive to Prescriptive Analytics

Ultimate Software

Having entered the predictive analytics space three years ago, Ultimate Software has seen HR teams start to rely on these important metrics for taking action in their organizations. Predictive analytics are good for people and good for business.

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Fact or hype: Do predictive workforce analytics actually work?


When determining the validity of our predictive analytics capabilities, customer data analyzed was anonymized. Why is proving that predictive analytics work so hard? How did we validate Visier’s “at risk” predictive analytics technology? This one is for you, Bill Kutik.

HR Metrics vs. Predictive Analytics: What’s the Difference?


It seems if you read anything in the HR field these days, there are two terms you can’t avoid: “HR metrics” and “predictive analytics”. » Performance Management Talent Optimization Workforce Management Big data business decisions HR HR Metrics Predictive Analytics talent

HR Metrics – Connecting Goals to Organizational Strategy

New to HR

Human Resource Metrics are a crucial way of analyzing the successes and failures of your department’s outreach, influence, programs and processes. Allow your metric data to guide you financially and highlight your best talent, serving as proof of your impact and a record of progress.

HR Analytics: Start with the Story


I think that many of us try to do the same with this big data/analytics concept. In one of my jobs I had to report on turnover metrics on a monthly basis. General Metrics StorytellingBack in college I wrote a ton of papers for various classes.

Recruiting Best Practices- Your Technology and You


This confidential data is stored in the system and can be used by management in creating metrics to ensure that recruiting process allows your organization to make the best possible selection and promote diversity. Metrics and Analytics. He joined HRchitect in March 2015.

Five Must-Have Manager Effectiveness Metrics for Engagement, Performance, and Tech Innovation Success


How to Link Workforce Metrics With Business Outcomes, Part Two. The second in a four-part series on linking workforce metrics to business outcomes, this post looks at five key metrics for manager effectiveness that will help your organization motivate talented people.

Five Signs That You’re Really Ready for Talent Analytics

TLNT: The Business of HR

Unquestionably, Talent Analytics is all the rage these day s. Everyone’s talking about it, but have HR departments truly embraced analytics yet? And most importantly how can you tell if your organization is really ready for and would benefit from Talent Analytics?

How to Fix a Flawed Retention Program by Climbing the Analytics Ladder


The Metrics Trap. For HR teams to climb out of the metrics trap and realize their full strategic potential, they need to get past the first rung of the analytics ladder — descriptive analytics — and move up to exploratory, predictive, and guided analytics.

How Workforce Analytics Can Take You Beyond The Clock

nettime solutions

Workforce analytics help businesses define, predict, and enhance their performance. When applied to the HR world, workforce analytics help HR staff analyze data relating to productivity levels, performance, if training is effective, and can even predict turnover.

The Importance of Analytical Thinking Ability in HR

Something Different

’ ^As additional reading, Laurie Ruettimann talks about the value add this skill set can add to an organization here , going on to suggest some way that universities can bolster their student’s analytical skill sets.

How to Fix a Flawed Retention Program by Climbing the Analytics Ladder


The Metrics Trap. For HR teams to climb out of the metrics trap and realize their full strategic potential, they need to get past the first rung of the analytics ladder — descriptive analytics — and move up to exploratory, predictive, and guided analytics.

Competency analytics

Analytics in HR

What challenges will you face for competency analytics to be both practical and worthwhile? So the second challenge for competency analytics is this: if not fun, at least how do you make it no effort for employees who are busy with many other things? A few metrics (5-10) may be enough.

Why Talent Analytics Matter


Whether you’re figuring out how to acquire new users, increase customer loyalty, or build an audience with content, you’re probably using analytics to set goals and measure what’s working. Talent analytics doesn’t just help you get a warm body in a seat, either.

How You Can Become a Simply Irresistible Organization

HR Bartender

The articles talk about developing outstanding products, killer marketing strategies, and focusing on metrics and numbers. In the report Deloitte Global Human Capital Trends 2015, you tell us that the number one talent issues are engagement, retention and culture.

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


“Build vs. Rent” is a common dichotomy in technology buying, but what does it mean when applied to people analytics? But, as more and more HR organizations grow their analytics function, I’ve noticed that not all journeys are the same. Building your People Analytics Solution.

How to Create a Data-Driven Workplace

Cornerstone On Demand

Workforce data and people analytics can help employees make informed decisions, develop strong strategic initiatives and achieve measurable goals. For many organizations, simply getting off the ground with an in-house analytics team is intimidating, much less forming a culture around big data.

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Is HR Ready For the Coming Boom in Metrics and Analytics?

TLNT: The Business of HR

5, 2015. Meet your new friend – Metrics and Analytics. Best of TLNT Best practices big data Change management HR analytics HR management HR trends workplace data Editor’s Note: It’s a TLNT annual tradition to count down the most popular posts of the year.

What’s Your Most Useful Metric? More Results of Our HR Metrics Survey

HR Daily Advisor

In yesterday’s Advisor , we shared some of the results of our nationwide survey on HR metrics. 604 individuals participated in the HR Daily Advisor ’s HR Metrics Survey, conducted in April 2015. Compensation-Related Metrics. Benefits and Metrics.

HR Analytics – The “GPS” of True HR Transformation


The same could be said – most recently – for the terms, “workforce analytics,” “talent analytics,” and other variants of this. Demonstrating the business value that HR provides by putting metrics in place. Numbers behind HR – benchmarking & analytics.

Finding the Balance in People Analytics

New to HR

On the contrary, we are hearing from experts in the HR industry who talk about reporting and statistical tools and the role they play in workforce efficiency, with them using buzzwords such as ‘ People Analytics ’, ‘ Predictive Analytics ’ and ‘ Big Data ’. A recent poll of our users revealed that topics such as employee engagement and retention were top of the agenda for 2015. The post Finding the Balance in People Analytics appeared first on New To HR.

Last Thoughts on 2015’s Best Software Recruiting Solutions

HR Daily Advisor

See yesterday’s Advisor for the metrics, so far, discussed. The metrics, so far, paint an incomplete picture. Start on Wednesday, November 18, 2015, with a new interactive webinar— Hiring Mr. or Ms. Wednesday, November 18, 2015.

Paying It Forward: A Reminder to Be the Difference Maker

Ultimate Software

UltiPro Predictive Analytics help identify the specific individuals who need attention of some kind, and we have a multitude of examples that show how using these predictors and indicators can impact employees in a very positive way, as well as influence important HR metrics.

Get Onboard the HR Analytics Movement

Brandon Hall

So, managing that cost analytically makes good sense. In fact, 41% of organizations told Brandon Hall Group that the second biggest driver of human capital management (HCM) technology acquisition was to enable better reporting and analytics of HR data. Metrics versus Analytics.

How HR Can Tackle Diversity Using the Rooney Rule


In August 2015, the need for more workforce diversity was spotlighted in a big way when President Obama issued a call to action to technology companies, encouraging them to hire more women and minorities by implementing the Rooney Rule. Metric to watch: Diversity of interviewed candidates.

What is Important in HR Technology?

New to HR

As millennials, those aged between 18 and 34, tipped the generational scale and became the majority workforce in 2015, the dependence on technology has only risen. Analytics and Metrics. HR Technology Big Data HR HR Analytics HR Metrics HRIS

A Day in the Life of a Diversity Manager

Cornerstone On Demand

Title: Diversity and Inclusion Product Manager at Kanjoya, a start-up specializing in emotion-based intuitive analytics.

#TChat Recap: The Predictive Power Of HR Analytics


Many organizations now turn to predictive analytics : the ability to take what happened in the past and find common relationships and factors (leveraging human behavior and neural networks) to model and predict the future, enabling us to report back in analytics with recommendations for the future.

Business Finance 101: Numbers Are Everything

nettime solutions

Stay ahead of the curb by regularly examining weekly and monthly metrics. labor analytics business intelligence business growthNumbers can make a business. Numbers can break a business.

When People Analytics grows up

Analytics in HR

When People Analytics grows up it adds value. It’s so obvious that you don’t have to spend a lot of time explaining it (and if you really have to, refer to Josh Bersin’s paper “ People Analytics: Here with a Vengeance “). Analytics News & Blogs

Is Your Time and Attendance Data Relevant to Your HR Objectives?

nettime solutions

Your managers can quantify that time and attendance and make performance reviews more objective, tying pay raises to metrics. labor analytics business growth Remember when your personnel file was an actual manila folder inside someone’s desk?

In the Face of Big Data, Interviews Are Obsolete

Cornerstone On Demand

Pre-employment tests add objective and predictive metrics to the sea of subjectivity upon which managers now base hiring decisions. Talent Acquisition Talent Acquisition Recruiting Selection Predictive Analytics

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HR Leaders: The Value of Climbing the Analytics Ladder


The Metrics Trap. For HR teams to climb out of the metrics trap and realize their full strategic potential, they need to get past the first rung of the analytics ladder — descriptive analytics — and move up to exploratory, predictive, and guided analytics.

How Wearable Sensors Measure Employee Happiness and Productivity

Cornerstone On Demand

It's just one example of how the nascent field of people analytics can allow managers to use facts — not gut feelings — to make decisions. Even if companies believe the metrics, it doesn’t tell them why — or how to change anything.

HR’s Most Controversial Articles of 2015

marenated HR

2015 was a year for uncovering some faulty practices and making some pretty clever, yet controversial analogies. I’ve put together the top posts (IMHO) that stuck out to me in 2015. See more controversial posts from 2015 here: Click To Tweet.

The HR Leadership Revolution — Will You Thrive?


A February 2015 study — conducted by Harris Poll on behalf of Visier — surveyed 301 corporate executives at companies with revenue of $1 billion or more across America and asked about sought-after HR leadership skills.

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How Do Analytics Benefit the Hiring Process?

Berkshire Associates

By using analytics, you can uncover meaningful, actionable, and valuable insights about your hiring practices. In the recruiting world, these data and metrics can change the way you find and hire excellent candidates.

Outdated Hiring Measurements Should Be Augmented With State-of-the-Art Metrics


Reproduced with permission from Human Resources Report , 33 HRR 633 (June 15, 2015). Copyright 2015 by The Bureau of National Affairs, Inc. June 9 — Measuring speed of hire and cost of hire is outdated, as those metrics no longer define an effective hiring process, Greg Moran, CEO of software firm , told Bloomberg BNA June 5. Identify Metrics That Drive Performance. 800-372-1033 ) [link] By Caryn Freeman.

The Riveting Headcount Story That Can’t Be Ignored: Bringing HR Numbers to Life, Part 2


Ultimately, telling the right story with data-driven visuals helps communicate the overall impact of key metrics within any critical part of a business. Tech Insights data visualization mergers & acquisitions talent management workforce analytics