5 Advanced Data Analysis Techniques Applied to People Analytics

Analytics in HR

In previous articles, I have given multiple examples of how employees can benefit from data analytics. In this article, I would like to explore a set of different, advanced data analysis techniques to see how they can be used to analyze people data for improved organization success.

Steal this People Analytics Leader Job Description!

Visier

You need the right People Analytics Leader in order to build an effective and strategic people analytics function. This person is the key evangelist and visionary for data-driven decision making, and ensures the use of people analytics always delivers values to the business.

Reports vs Analytics: What’s the Difference?

Visier

In today’s competitive business landscape, organizations are increasingly turning to analytics to give them the answers they need to make decisions with greater confidence. So, what are analytics and how are they different from reports? Reports provide data; analytics provide insight”.

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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.

Moving from Reports to Analytics: Data-driven Onboarding

Silkroad

The key to strategic onboarding is a data-driven approach. Onboarding analytics can be used to define, manage and measure your onboarding effectiveness. When using analytics, you have numerous advantages. Some areas to focus on are: Increasing onboarding efficiency.

Implementing a Skills Gap Analysis within the Talent Management Process

InfinityHR

The skills gap analysis process helps employers identify which skills they have available to them within their workforce currently, while also pinpointing the skill areas they are missing. The Gap Analysis Process. Benefits of a Gap Analysis. Onboarding.

People Analytics and Driving Growth: Part III : Performance and Organizational Network Analysis

MapHR

HR Exchange Network editor Mason Stevenson continues his series on people analytics and driving growth. This week he focuses specifically on performance and organizational network analysis. We’re talking about people centric analytics. It’s a complex and challenging time in HR.

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

Visier

“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 Reduce Employee Turnover with Workforce Analytics

Visier

To achieve true insight, a more in-depth analysis of what’s causing turnover in different parts of the organization is required. The Era of Workforce Analytics. HR analytics’ or ‘talent analytics’). Analytics In Action: The Employee Resignation Conundrum.

How Predictive Analytics Have Revolutionized Performance Management

Rallyware for Human Resources

“Information is the oil of the 21st century, and analytics is the combustion engine,” said Peter Sondergaard, former Senior Vice President at Gartner. So, once you have a clear picture of a goal you want to reach and have prepared relevant data sets for the analysis, AI and ML algorithms will come into play. As ML and AI evolve, predictive analytics is finding its way into various business use cases. Predictive analytics for efficient onboarding.

HR Analytics for Beginners

Recruiters Lineup

To ensure your organization reaps all the benefits of your expertise, it’s crucial to prioritize analytics. Why HR Analytics is Important. Motivating yourself to embrace HR analytics is easier when you know why this task is so essential. How to Simplify HR Analytics.

Six Sigma in HR: Implications for HR Processes, Analytics & Automation

Digital HR Tech

Six Sigma unearths the cause of the variation via a single-pronged attack, “the root cause analysis (RCA)” RCA is simply a cocktail of basic statistical analytics, problem-solving and brainstorming techniques. Does this mean HR analytics and Six Sigma are different entities?

How To Reduce Employee Turnover with Workforce Analytics

Visier

To achieve true insight, a more in-depth analysis of what’s causing turnover in different parts of the organization is required. The Era of Workforce Analytics. HR analytics’ or ‘talent analytics’). Analytics In Action: The Employee Resignation Conundrum.

Putting big data to work

Bersin with Deloitte

Organizational Network Analysis helps reveal insights “hiding in plain sight” in untapped email data. An analytical approach. For example, the analysis determined that: Within the organization, 10 sub-organizations or working communities exist, both within and across functions.

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Using people analytics to get to High-Impact HR

HR Times

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. Getting to high-impact analytics relies first and foremost on accurate, believable data.

Podcast: Moving from Reports to Analytics

Silkroad

Management wants information that can help move the organization forward and understand how new hire onboarding impacts the organization’s business goals. What management wants is analytics. So how do we help HR move from reports to analytics? Analytics

3 Ways People Analytics Ends Employee Retention Guesswork

Visier

This requires businesses to be far more sophisticated in uncovering the root causes of turnover, and to adopt more analytical approaches that increase their ability to identify flight risk factors and arm business partners with the data to drive action.

Greta Roberts, Talent Analytics Corp, to Instruct Predictive HR and Workforce Analytics Course

Talent Analytics

Predictive HR and Workforce Analytics Course at UCI Division of Continuing Education. Additional topics include how to insure key goals from the entire organization (performance and tenure) can be integrated to typical HR goals (flight risk, engagement, diversity, onboarding efficiency etc.)

How People Analytics Helps Prevent Another Bad Hire

Visier

The cost of a poor hire can be based on the cost of recruiting, hiring, and onboarding a new employee– which can be up to $240,000. What led to improvements was a proper people analytics solution that showed the end-to-end results of the hiring process.

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.

Strategically Managing Manufacturing Skills Gaps With Learning Analytics

Visier

Instead, it requires a rich analysis of data from within and outside of the learning function, combined with a razor sharp focus on business goals and an eye towards the future. The post Strategically Managing Manufacturing Skills Gaps With Learning Analytics appeared first on Visier Inc.

The role of technology in the evolution of People Analytics

Littal Shemer

The role of technology in the evolution of People Analytics. Another cycle of the introductory course, The People Analytics Journey, is about to end. LSH: The People Analytics function at Microsoft is considered to be one of the leaders in the field. People Analytics

Five myths about People Analytics that inhibit your progress

Littal Shemer

Five myths about People Analytics that inhibit your progress. So how can we describe the status of People Analytics, better than a single number in survey results? Looking back at my list, I realize now that each point I made implies a myth about People Analytics.

We’re Taking Off! A New Era Of People Analytics

SAP Innovation

To support this shift, we need to advance our knowledge in people analytics. The same is true for the HR function: by leveraging people analytics, HR can bring more clarity and support into our volatile, uncertain, complex, and ambiguous (VUCA) world.

We’re Taking Off! A New Era Of People Analytics

SuccessFactors

To support this shift, we need to advance our knowledge in people analytics. The same is true for the HR function: by leveraging people analytics, HR can bring more clarity and support into our volatile, uncertain, complex, and ambiguous (VUCA) world. Think future: Advanced analytics to predict, simulate, and optimize. Example questions that can be answered with advanced analytics are: Which candidate profiles lead to greater success?

Workforce Analytics Move Beyond HR

Analytics in HR

Workforce analytics have traditionally focused on HR’s use of them when their value can actually have significant overall business impacts. For example, in Deloitte Consulting’s 2018 Global Human Capital Trends report , 71% of survey participants said their companies consider people analytics a high priority, but only 10% are “very ready” to deal with it. The post Workforce Analytics Move Beyond HR appeared first on Analytics in HR.

How Foot Locker Can Reduce Employee Turnover with Workforce Analytics

Visier

To achieve true insight, a more in-depth analysis of what’s causing turnover in different parts of the organization is required. The Era of Foot Locker Workforce Analytics. HR analytics’ or ‘talent analytics’). Analytics In Action: The Employee Resignation Conundrum.

The importance of HR analytics

Bayzat

Whilst departments such as sales, marketing, and operations have actively been using data analytics to optimize performance, HR experts within a business have been relatively slow to integrate analytics to influence their decision making. Let’s dive a little deeper into the benefits of HR analytics and see how it can help your company. What is HR analytics? Simply put, HR analytics is all about analyzing an organization’s ‘people problem’ through data.

HR TechStack – Onboarding Software

WhoKnows

HR Onboarding Software Definition. New employee onboarding is the process of getting new hires adjusted to the social and performance aspects of their new jobs quickly and smoothly. Why Your Organization Needs a Solid Onboarding Software. The HR TechStack for Onboarding Software.

Here’s What You Need In a People Analytics Leader

Analytics in HR

You need the right People Analytics Leader in order to build an effective and strategic people analytics function. This person is the key evangelist and visionary for data-driven decision making, and ensures the use of people analytics always delivers values to the business. In people analytics organizations with mature people analytics processes, the People Analytics Leader may also go by the title of vice president, senior director or director.

Using people analytics to get to High-Impact HR

HR Times

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. Getting to high-impact analytics relies first and foremost on accurate, believable data.

6 Features that Will Optimize Your Employee Onboarding Software

HR Daily Advisor

New employee onboarding used to be a one-size-fits-all affair. Onboarding written under torn paper. Optimize Onboarding with eLearning. LMS tools help streamline the new hire onboarding process for employers, too. Advanced reporting and analytics.

HR TechStack – Onboarding Softwares

WhoKnows

HR Onboarding Software Definition. New employee onboarding is the process of getting new hires adjusted to the social and performance aspects of their new jobs quickly and smoothly. Why Your Organization Needs a Solid Onboarding Software. The HR TechStack for Onboarding Software.

How Talent Analytics Can Help Grow Your Small Business

InfoMart

How Talent Analytics Can Help Grow Your Small Business. People analytics, also called talent analytics, is the secret weapon your company might need. Wondering how your company can streamline its onboarding practices? The Talent Analytics Your Small or Midsized.

Workday Podcast: How CFOs Can Forge an Analytics-Driven Culture

Workday

As a CFO, how can you create an analytics-driven culture? Take a listen here: Workday Podcast: CFOs Forge an Analytics-Driven Culture. That processing increasingly takes the form of analytics and the predictions that come from it. Today on the Workday Podcast we’ll talk about finance analytics. How can CFOs create an analytics-driven culture, and what are the barriers standing in the way? Why are analytics so important to where CFOs want to go?

Are Freelancers Your Best Performers? Applying Organizational Network Analysis to the Gig Economy

i4cp

In that article, we also introduced a tool called “organizational network analysis” (ONA) that can map the social networks, often hidden beneath formal hierarchies.

Shelter Insurance Brings HR, Financials, and Analytics Together, part 1

Workday

So when Shelter Insurance went on to deploy Workday Human Capital Management (HCM) and Workday Prism Analytics we were thrilled, knowing they would gain even greater value from Workday. Initially, we tied HCM, recruiting, and compensation together for employee onboarding. Today, we can perform a lot of analysis ourselves with a series of clicks, as opposed to going into 14 different systems, running reports, and getting numbers. “I