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Analytics Must Be HR’s Top Priority To Be Strategic

Visier

Unfortunately, HR leaders are frequently so busy that most haven’t found the time to realize that “The War For The Future of HR” is already over, and “data analytics” has won! This new vanguard of firms prospers not because of their physical facilities or a century of storied corporate history, but because they have increased their innovation rates, speed, and adaptiveness, almost exclusively with the use of data analytics.

How To Reduce Employee Turnover with Workforce Analytics

Visier

The Era of Workforce Analytics. The desire to explore the relationships between metrics and know with certainty what levers are pulling workforce trends has ushered in the era of Workforce Analytics (a.k.a. ‘HR HR analytics’ or ‘talent analytics’). Workforce analytics is the art and science of connecting data to discover and share insights about your workforce that will lead to better business decisions. Analytics In Action: The Employee Resignation Conundrum.

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93% of Workers Are Least Productive… At Work?

UpstartHR

If this sounds intriguing, I’ve written fairly extensively on the topic if you want to explore: How to Implement a ROWE Flexible Schedule Policy vs Core Business Hours Analytics and Business Accountability Employee Productivity Management (Video) People Least Productive in the Office The title for this post reflects the latest FlexJobs survey , which shows that just 7% of workers think they are most productive in the office. General Productivity ROWE

Competency analytics

Analytics in HR

To move from the pain of needing better skills to the pleasure of getting value from competency analytics, four steps are vital: (1) knowing what competencies your organisation needs, (2) knowing what competencies your organisation has, (3) placing people in the right roles and (4) building their ability to express their competencies. What challenges will you face for competency analytics to be both practical and worthwhile? HR Analytics

How Workforce Analytics Helps Prevent Another Bad Hire

Visier

A bad hire can cost as high as five times the annual salary for that role — not just from the turnover, but also lower productivity, a damaged employer brand, lower employee engagement, and higher manager time spent on mitigating underperformance. However, the opposite proved to be true: when the organization started using Visier’s workforce intelligence solution , the analytics revealed that the so-called “high scoring” candidates (who were hired!)

Technology Trends: Nir Eyal Discusses the Future of Habit Forming Products

15Five

How can you build a great habit-forming product that customers will return to repeatedly? What does the future of product design look like? This is the second installment of my interview with Nir Eyal , author of the Wall Street Journal bestseller, Hooked: How To Build Habit Forming Products. Great products closely couple external and internal triggers. What’s interesting is that while all physical products depreciate, habit forming technology appreciates !

The Role Of HR Analytics In Workforce Planning

Get Hppy

Workforce planning and HR analytics have become a key focus point for HR professionals around the world, as they confront new challenges in finding and retaining the right employees. Many companies struggle with this process, as it involves aligning talent management with business objectives, so that a company can meet its regulatory, service and production requirements. Leveraging HR Analytics.

What Employee Analytics Won't Tell You

nettime solutions

Many businesses are reaping the benefits from employee data analytics. Metrics are often what motivate and drive companies to target and pursue new audiences, products, and services. What many businesses are beginning to focus on in addition to performance is employee analytics. If you could predict an employee’s performance over time to help increase productivity , why would you limit your forecasting analysis to external trends or internal financial results?

Everything #HR Needs to Know About ERP

HR Bartender

Sommer] Many ERP products were created when everything ran on-premises (i.e., Today, you can get: On-premises products on a subscription basis or license. Cloud products (mostly) on a subscription basis with deeper discounts for longer-term subscriptions. Unfortunately, many vendors create an ERP suite via a mix of self-developed applications and acquired products. Improved efficiencies and productivity of the existing internal workforce.

6 Things HR Should Expect To Happen In 2016

cipHR

Here's 6 things HR should expect to happen in 2016: 1. Employers who are not amending and aligning their recruiting strategies to cater for such trend changes in 2016 are at risk of missing out on the top talent. Researching your target audience's behavior could be carried out via online analytics (when does your web site receive referral traffic from certain networking sites?), Turnover rates decrease, while productivity increases.

Working Remotely: Ideal Work Environment Or Threat To Culture And Employee Productivity?

15Five

Gallup reports that employees working remotely at least part-time grew from 39% in 2012 to 43% in 2016. In fact, Softchoice found Millennials twice as likely to feel more productive and better equipped working at home than Baby Boomers. These world-traveling workers are often inspired by the changing landscape, inspiration that pours over into their work product. According to BambooHR , 79% of workers still believe they accomplish their best work at the office as of 2016.

Meet Greg Moran, President and CEO

Outmatch

Specifically, I enjoy the product vision, sales, and marketing aspects. We need to provide them with meaningful analytics. The post Meet Greg Moran, President and CEO appeared first on OutMatch. As President and CEO of OutMatch, Greg is responsible for the strategy, culture, and execution of its operating plan. He leads a great team of executives and drives overall performance and growth of the company. Where did you grow up? Troy, New York, just outside of Albany. Married?

The New workforce Analytics and Business Performance

New to HR

Analytic data is allowing the human resources function to more accurately measure their successes, formulate effective strategies for future human capital development and justify the implementations of new policies and practices. Despite its advantages, many organizations are still yet to incorporate analytic technology into their business model. An IBM study into workforce analytics outlined the key benefits for a business that uses data analysis as: 1.

Why Millennials Matter and 7 Ways we are Motivated

Pomello

We have particular expectations when it comes to opportunities to grow through learning and development and you can meet these by facilitating continuous challenges to us. In return your employees will give you higher productivity and increased revenue. So, allow us work/life balance by allowing us to telecommute, work from abroad, furniture the office with creative zones for a more open and relaxed atmosphere, or the client meeting at a café. Why Millenials Matter.

Affordable Care Act (ACA): The “burning platform” for workforce analytics

HR Times

Posted by Michael Gretczko and Bob Kaunert on July 08, 2016. Moving forward in 2016 and beyond, however, you may want to consider the ACA’s evolving reporting requirements as a strategic “opportunity” to view your workforce (and the ACA requirements) from a more comprehensive labor cost optimization approach, rather than the task of manually reconciling data from multiple disintegrated systems. Burning platform for workforce analytics.

Affordable Care Act (ACA): The “burning platform” for workforce analytics

HR Times

Posted by Michael Gretczko and Bob Kaunert on July 08, 2016. Moving forward in 2016 and beyond, however, you may want to consider the ACA’s evolving reporting requirements as a strategic “opportunity” to view your workforce (and the ACA requirements) from a more comprehensive labor cost optimization approach, rather than the task of manually reconciling data from multiple disintegrated systems. Burning platform for workforce analytics.

The 7 pillars of Employee Engagement

EmployeeConnect

Large numbers of HR tech vendors and service providers roam the HR domain offering a smorgasbord of engagement-related products and services. From A to Z, employee engagement offerings include software products, engagement-related swag, trinkets & trash, engagement surveys, engagement consultancy, and training. Indeed, any product or service one could possibly imagine related to employee engagement is a couple of clicks away.

Technology Trends: Is Pokémon GO Signaling The Attention Deficit Apocalypse?

15Five

SaaS startups are always seeking ways to improve the product experience for their customers. They want their products to be best-in-class solutions that their customers can’t live without and use habitually. Since we want our customers to build great companies by regularly checking in with employees , we sought some advice to understand the phenomenon of creating habit-forming products. Can you talk about that in the context of a habit forming product?

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How to Meet the New Overtime Regulation Using People Analytics

Visier - Talent Acquisition

In 2016, I shared how organizations could use people analytics to prepare for the changes to overtime pay that were set to take effect later that year. Read on to learn how people analytics enables HR to quickly action on the regulatory shocks that have become part of the world of work. ” The pressure is on HR to find the delicate balance between productivity, employee engagement, and the workforce budget, while staying compliant.

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3 HR Analytics Pitfalls to Avoid

Oracle HCM - Modern HR in the Cloud

In a video interview with Oracle customer Dow Chemical, Don Gaertner, the company’s global director of HR systems, spoke about a prior struggle with “spot solution” analytics that led to inaccurate reporting. At Oracle HCM World this April, HR leaders from American Express will share the company’s journey to finding meaning behind HR analytics. Challenge 3: HR Analytics Lack an Enterprise View. Workforce Analytics Track at Oracle HCM World 2016.

For those who love to learn and lead, consult!

HRchitect

I meet people on the way to my engagement that always have an interesting story to tell. Meet new people, work with varied teams. About Cheryl Tyson : Cheryl Tyson has more than 20 years of experience in the HR software industry as a Project Manager, Implementation Consultant, Product Manager and Management Consultant. Her areas of expertise in the HCM market include HRIS, Payroll, Workforce Management, Benefits and Analytics. Written by: Cheryl Tyson.

How People Analytics Reinvented Employee Engagement Surveys at Google

Impraise

Ever since the term employee engagement first became widely used in the 1990s it has been hailed as the key to high productivity, low retention, profit increase and better customer satisfaction. Many companies are now using employee surveys to generate their own People Analytics, allowing them to gain deeper insights into their company’s culture and better inform how they design their employee experience. In fact, they found that to executives, effectiveness meant productivity.

What Happens When Design Thinking Meets Data? Better HR

Namely

A study by economists at the University of Warwick found that employee happiness led to a 12% spike in productivity and unhappy workers were 10% less productive. Take design thinking and data analytics. Dean Malmgren, co-founder of Datascope Analytics , says it is a constant process of integration when applied to a business—finding what skills from what departments can help others, or finding even more uses for newfound data.

The End of Busy Work

Get Hppy

Employees click away, race around from meeting to meeting, making multiple demands on their time and energy. But are we productive? Because the words “busy” and “productive” can — and quite often are — mutually exclusive. Because the old corporate importance around people looking busy vs. actual productivity needs to be addressed, particularly when the excess of time and details included is eating into your productivity and profitability.

Meet Namely: Emmett Swan

Namely

The Meet Namely series spotlights real Namely employees across the company. Emmett joined Namely in 2016 as a Product Manager but his role quickly evolved to incorporate more of his payroll expertise, ultimately earning him the title of Senior Payroll Compliance Manager. I get to work with so many stakeholders like our product, engineering, and client success departments. Throughout the day, I handle any issues that pop up and I usually have a few meetings to attend.

Why HR Needs to Be More Like Marketing

EmployeeConnect

Seeking employee input on new products and services. Turning your most satisfied workers into cheerleaders for the company and its products and services facilitates and enhances both recruitment and retention. People can meet and interact with like-minded individuals based on attitudes, politics, education and other characteristics. However, encouraging HR departments to meet predefined goals through measurable KPIs can empower them to work more effectively.

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HR Tech 2016: 10 Epic Presentations You Won't Want to Miss

Bonusly

The 2016 HR Technology Conference & Exposition is shaping up to be an exciting event, packed with innovative presentations from the world's leading experts in business and human resources. This event is the public's opportunity to turn great ideas into real products -- all within 48 hours. Managing Workforce Retention and Identifying High Performers With Predictive Analytics. Enter, predictive analytics.

CHRO 50

Breaking Borders: 5 Ways Analytics Can Help Drive ROI of Global Benefits

HR Daily Advisor

While analytics have become popular in the world of HR, the ability to analyze and gain actionable insights into global benefits and reward data has remained largely unexplored. The price of benefits globally averages 31 percent of an employee’s salary, according to the upcoming 2016 Global Employee Benefits Watch report from Thomsons Online Benefits ( last year it was 20-22 percent).

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

Visier

The race to adopt workforce intelligence is heating up: according to the Deloitte Human Capital Trends 2016 report , “companies are no longer ‘stuck in neutral’ in their deployment of people analytics… Indeed, analytics capabilities will be a fundamental requirement for the effective HR business partner.”. But, as more and more HR organizations grow their analytics function, I’ve noticed that not all journeys are the same. Product updates.

Technology Is Changing Human Resource Management – But Where Will It Go?

Get Hppy

This type of technology is primed for disrupting talent management and productivity. Machine learning is automated data analysis through algorithms that automatically create analytical models. Find out how you can use people analytics to predict, manage and measure the impact of HR operations by downloading our new white paper. But moving besides health, wearable devices are also enhancing other areas of productivity and employee management.

New Research: Changing business structure, dynamic roles, and new models of leadership top the Global Human Capital Trends for 2016

HR Times

Posted by Josh Bersin on March 02, 2016. This month we are launching our largest-ever study of talent challenges in business, the Deloitte Global Human Capital Trends 2016. 1 topic on people’s minds is now “how do I organize my company to effectively meet the digital demands of today?”. Global Human Capital Trends 2016. The research also shows some other exciting things: the world of people analytics is now on the move.

6 Traits That Every Successful Project Manager Must Possess

15Five

And, just to be perfectly clear about how important this profession is, here’s another fact: In 2013, companies were only able to meet the deadline and stay within their budget on less than one in every three projects undertaken. More accurately, they are a must have for any ambitious and productive project manager: 1) Ability to Organize and Delegate. A mind analytical enough to discern even the subtlest and least obvious of mechanisms behind the picture frame (risk assessment).

How Foot Locker Can Reduce Employee Turnover with Workforce Analytics

Visier

The Era of Foot Locker Workforce Analytics. The desire to explore the relationships between metrics and know with certainty what levers are pulling workforce trends has ushered in the era of Workforce Analytics (a.k.a. ‘HR HR analytics’ or ‘talent analytics’). Workforce analytics is the art and science of connecting data to discover and share insights about your workforce that will lead to better business decisions.

The Fascinating Evolution Of A Building Products Knowledge Worker

SuccessFactors

Building products employees have seen a dynamic shift in their industry compared to just a few years ago. Today’s building products employee is becoming a strategic knowledge worker. This creates the opportunity for faster production with smarter decisions. The fascinating evolution of a b uilding products knowledge worker. Traditionally, the production worker has dealt in repetitive tasks. Learn more about Digital Transformation in Building Products.

3 Questions Small Businesses Should Ask Before Investing in HR Tech

Cornerstone On Demand

Here are three things to think about before investing in a new product or tool. Analytics and reporting are an integrated part of nearly every talent management software product. Read up on Bersin by Deloitte's latest reports, keep tabs on the best industry blogs (hint: ReWork ), and attend meet-ups and conferences. When we talk about talent strategy, we're talking about a responsibility full of moving parts.

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

While the race to out-innovate with new ideas and products fuels the technology industry at large, the competition between companies is fought most pervasively as on the talent front lines. 90% of technology CEOs are confident about their revenue growth in 2016 , according to PWC’s 19th Annual Global CEO Survey. When turnover numbers are high, the talent shortage can lead to productivity lags, increased stress on the staff that remains, and lower employee morale.

Analytics Is a Key Ingredient in HR’s Business Impact—But It's Not the Whole Recipe

Cornerstone On Demand

It's a Friday morning, and five senior executives walk into a conference room to meet with the CEO: Operations, Sales, Finance, Marketing and Human Resources. The Operations VP starts with a dashboard clearly indicating improved operational efficiency, productivity gains and cost savings for the quarter, as well as projections for the remainder of the year. In addition, 77 percent of organizations around the world believe people analytics is important. Picture this.

Why HR Needs Data-Driven Workforce Planning to Avoid Talent Shortfalls

Visier

Although the threat of talent shortages is looming large across many industries, a recent Harvard Business Review Analytic Services report found that almost half (44 percent) of executives consider their workforce plans to be driven by finance and do not take talent dynamics into consideration. Who are your customers, and why do they select your product? Do you beat the competition because you provide the broadest range of financial products, or the most innovative?

Using people analytics to improve health care performance

HR Times

Health care providers tend to lag other industries in the adoption of new business processes and technologies, and we find this to be consistent in the industry’s use of big data and analytics to improve organization performance. Yet, the successful use of data analytics in other industries could indicate that it’s time for health care systems to up their game. A case in point: People analytics uncovers hidden drivers of employee turnover. March 2016, [link].

6 Learning Benefit Ideas That Won’t Break the Bank in 2017

ExactHire HR Trends

And if you’re like me, you might be reminded of all the things you endeavored to accomplish in 2016…but just didn’t get around to starting/doing/finishing. And while I failed at some endeavors, but succeeded to form other productive habits, one thing is clear: my ideas with the best chance of success are the ones that take just a little bit of time, not a ton of money and can be easily turned into a healthy long-term habit. It’s the end of the year once again.