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INTERVIEW: Dr. Jac Fitz-enz on Human Capital Metrics

HR Bartender

In 1977, you founded the Saratoga Institute (SI), which is well-known for its work in human capital metrics. Lots of talk today about predictive analytics. In fact, you co-authored a book titled “ Predictive Analytics for Human Resources ” with John Mattox.

Employee Retention: Tomorrow’s Recruiting Metric

Lighthouse

Today I want to talk about first year retention, a measure that I believe is going to continue to grow as a recruiting metric, even though many companies wouldn’t consider it even remotely linked to recruiting as of today. The future of recruiting metrics.

Why HR Needs Mid-Level Analytics Projects

Visier

The most exciting stories of people analytics involve big data yielding surprising findings that deliver an enterprise-wide impact. The least exciting stories involve essential, but basic metrics such as dashboards with accurate turnover data.

Increased Use of Metrics, Incentives among 2017 Wellness Program Trends

HR Daily Advisor

An increased use of metrics, incentive and wearables are three trends in wellness programs according to a survey conducted among 8,000 of America’s Healthiest Employers, a leading independent recognition program for U.S.

Futureproof Your Organization with These 8 Manager Effectiveness Metrics

Visier

Whether your organization is ready to adapt these new roles or wishes to coach current managers to be more effective, this updated article provides the key metrics you need to measure their success by. . Here are two distinct sets of metrics for each type of manager.

How To Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. The Era of Workforce Analytics. HR analytics’ or ‘talent analytics’).

It’s About More Than HR: Analytics Learnings from Tom Davenport and Dr. John Sullivan

Visier

The underlying theme tying their two presentations together was that in order for HR to be successful with analytics, it’s necessary to connect HR goals (or your people strategy) to organizational goals (the business strategy). The eras are: Analytics 1.0: Artisanal Analytics.

7 More Fascinating Employee Engagement Trends For 2017

15Five

Here is what the experts are saying we can expect for employee engagement in 2017: 1) Employee Engagement Will Grow…Slowly. While we’re on the topic of technology, let’s talk about people analytics. People analytics ranks among the top ten human capital trends this year.

11 HR Analytics Courses Online

Analytics in HR

This article lists the eleven best HR analytics courses in the world today. Getting started with HR analytics – also called People Analytics – is a big step for a lot of people and organizations. An HR analytics course that answers these questions can be invaluable.

Developing a Talent Analytics Function: Build, Buy, or Borrow

Lighthouse

I’m currently in the midst of a research project examining how some of the best and brightest companies in the world hire people analytics talent. Building a people analytics team for the first time isn’t like hiring a new administrative assistant or a new accountant.

Why Hiring More HR Analysts Won’t Improve Your Analytics Function

Visier

One area where CHROs are focusing on unlocking more value is within their HR analytics function. Traditionally, HR analytics teams are seen as report-generators. While it may sound simple, many HR analytics teams are inundated with requests for reports and cannot keep up with demand.

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.

Using people analytics to get to High-Impact HR

HR Times

Posted by David Fineman on August 3, 2017. People analytics, which is really a subset of business analytics, is a key enabler of High-Impact HR. 1 But it’s not just about HR—people analytics addresses business issues, too. Source: Deloitte Consulting LLP, 2017.

3 HR Metrics That Matter

Zenefits

As a result, business leaders are now using HR analytics t o help guide strategy and boost profits. In fact, according to Deloitte’s 2017 Global Human Capital Trends report, 71 percent of companies report that people analytics – “using digital tools and data to measure, report and understand employee performance” – is a high priority in their company. I asked human resources experts to weigh in on the HR metrics that matter most, and why. #1

How Foot Locker Can Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. The Era of Foot Locker Workforce Analytics. Impact on Business Metrics.

6 Skills Every HR Technology Leader Must Develop Starting in 2017

Visier

HR technology leaders must be a master of analytics , able to tease out the most important details from increasingly bigger and more complex big data in order to make decisions that will have a strategic value to the business.

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Overcoming Internal Communications Metrics Anxiety

Bonfyre

Despite the essential, strategic role internal communications metrics play in their profession, many communicators shudder at the thought of crunching numbers. Although the expansion of digital communications channels and analytics tools has increased access to measurement systems, the truth is, many communicators still struggle to strategically approach data. Even communicators leveraging digital tools are still figuring out how to make internal communications metrics materialize.

How to Hire More Diverse Talent Using Workforce Analytics

Visier

How to fix it using analytics: The first step is to identify where your diversity gaps are. Use analytics to look at your current employee population and examine headcount by gender, race, veteran status, etc.

How to Hire More Diverse Talent Using Workforce Analytics

Visier

How to fix it using analytics: The first step is to identify where your diversity gaps are. Use analytics to look at your current employee population and examine headcount by gender, race, veteran status, etc.

How to Hire More Diverse Talent Using Workforce Analytics

Visier

How to fix it using analytics: The first step is to identify where your diversity gaps are. Use analytics to look at your current employee population and examine headcount by gender, race, veteran status, etc.

4 Key Reporting Metrics for HR Leaders

Motus

This same line of thinking also applies to which metrics HR leaders should focus on to achieve business success and this definition of success will also vary from business to business.

Making Company Culture More Than a Rah Rah Activity

HR Bartender

Having a well-defined company culture is important. In fact, my position about metrics and measurement has really evolved. And that’s true, HR does need to understand metrics, data, analytics, etc. We talk about it a lot.

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

Cornerstone On Demand

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. Every department communicated their achievements, failures, and plans of action based on predictive analytics and created forward-thinking strategies — but HR simply gave a historical recap of what has already happened with little insights into what could occur. Picture this.

People analytics and learning: Driving workforce development by delivering the right solution to the right people at the right time

Bersin with Deloitte

The context for learning analytics. Measuring the effectiveness of solutions in an increasingly social learning model in which content is curated, not created, demands broadening metrics and indicators to include not only learning data, but business data and user behavior data, too.

Using people analytics to get to High-Impact HR

HR Times

Posted by David Fineman on August 3, 2017. People analytics, which is really a subset of business analytics, is a key enabler of High-Impact HR. 1 But it’s not just about HR—people analytics addresses business issues, too. Source: Deloitte Consulting LLP, 2017.

? How HR can get over their love/hate relationship with metrics

Oracle HCM - Modern HR in the Cloud

HR leaders have a love/hate relationship with metrics. Let’s begin with the positive: metrics add structure to the way HR teams work and help guide their decision-making. Andy Campbell, HCM Strategy Director at Oracle.

5 Ways You Can Reduce Attrition Using HR Analytics

Analytics Training

However, with the recent developments in technology, the human resource department can actually now predict attrition and control it through data analytics – or rather HR analytics. Here, we have compiled the 5 best ways to control attrition using HR analytics.

Moneyball Analytics Built for Business

Cangrade

In Moneyball, the scrappy general manager takes his meager resources (well, meager for a major league baseball team) and uses the power of advanced mathematical modeling (and a Yale economics grad) to recruit smarter and make it to the playoffs against all odds.

Become a Competent HR Professional with HR Analytics

Analytics Training

If you are an HR professional wondering how you can grow in your department, workplace, and career, you need to upskill to what is known as HR analytics today. Analytics has been touching diverse aspects of the IT realm and it has now come to HR for optimized efficiencies.

Finance Organizations Transform with Self-Service Analytics

Workday

It’s rare to find someone in a finance organization who doesn’t believe in the value of analytics, where numbers and the stories they tell come first, last, and always. Yet, the practice of deploying an analytics solution can send shivers down the backs of CFOs. They’re looking for answers to important business questions, but they struggle with the amount of time and resources, typical with inflexible legacy systems, needed to do analytics right.

Strategically Managing Manufacturing Skills Gaps With Learning Analytics

Visier

According to Training magazine’s most recent Training Industry Report, “total 2017 U.S. This kind of strategic planning can’t be accomplished with isolated metrics like learning completions or learner satisfaction scores.

15 HR Analytics Case Studies with Business Impact

Analytics in HR

It is time that HR analytics starts to show the value it delivers to the business. This is hard to do as people analytics is still an emerging field. For this article, I have collected 15 of the best HR analytics case studies I’ve come across in the past two years. HR Analytics

The Beginner’s Guide to HR Analytics and Data Powered Talent Management

Analytics Training

As more organizations wake up to the inevitability of data, this is the time businesses also pressurize one of the core departments of any business – the HR – to implement data analytics into its operations as well. What is HR analytics? HR Analytics Analytics Human Resources

6 Steps for Making Smart Decisions With Wearables Data

Visier

As this story shows, wearables can yield some definitively actionable insights for employers, and their potential extends far beyond using fitness trackers as part of wellness programs. This will help you select the right metrics to investigate.

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10 Reasons To Shift To A Data-Driven High Business Impact HR Model

Visier

In order to move from this “list of challenges” to the “corporate asset list,” I have found that HR and its key functions like recruiting, retention and learning must move to dramatically increase their measurable business impacts by adopting analytics and data-driven decision-making.

Data 266