Analytics in HR

FEBRUARY 23, 2024

With a good command of HR analytics and a data-driven mindset, you’re better prepared to navigate today’s business challenges and ready to unlock insights for strategic decision-making, optimizing workforce planning, and enhancing employee engagement and productivity.

Compliance Training 72

Compliance Training Course Analytics Background screening 72

HR Lineup

FEBRUARY 9, 2024

These KPIs will serve as benchmarks for measuring the effectiveness and efficiency of your payroll processes. Additionally, automation can save time and resources, allowing payroll professionals to focus on more strategic tasks such as data analysis and reporting.

Metrics 52

Metrics Payroll Staffing Software Wage and Hour Training 52

cipHR

MARCH 6, 2023

HR software has the potential to capture more HR data than ever. People were either guessing, or they had data which enabled them to make better choices.” For many HR departments, however, the pandemic represented a shock to the system in terms of the data they had available and their capability to deal with it.

Hiring Software 52

Hiring Software HR Software Analytics Recruiting Software 52

Runzheimer

DECEMBER 14, 2023

December 14 , 2023 The Internal Revenue Service (IRS) has unveiled the 2024 business mileage standard rate of 67 cents, leveraging data provided by Motus, the leader in mobile workforce reimbursement solutions. cents from the 2023 mid-year adjustment of 65.5 cents and will go into effect January 1, 2024.

Analysis 98

Analysis Data Benchmarking Trends 98

Professional Alternatives

NOVEMBER 30, 2023

With their proficiency in financial analysis and reporting, they provide accurate and timely information that enables informed decision-making. Seasoned CPAs possess a deep understanding of financial trends and can decode complex financial data to provide valuable insights.

Staffing Software 52

Staffing Software Analysis Recruiting Software Team Building 52

Insperity

JUNE 8, 2023

The answer: Compensation benchmarking. What is compensation benchmarking? Compensation benchmarking is the process by which compensation professionals on your human resources (HR) team analyze salary data in the marketplace for each specific job at your company. The compensation benchmarking process 1.

Benchmarking 95

Benchmarking Compensation Hiring Software Survey 95

Homebase

JANUARY 19, 2024

For your business, this would mean keeping track of things like time tracking data to understand how long tasks take. Here are some commonly tracked data points in time logs: Task details Understanding the intricacies of each task performed is vital for effective resource allocation.

Planning Tools 52

Planning Tools Staffing Software Assessment Software Wage and Hour Training 52

Visier

JUNE 24, 2020

Succession planning with data. Based on the analytics for this fictitious organization, it’s easy to see the size of the bench by position and the number of candidates ready now and over the next couple of years: This analysis shows the size of the succession candidate pool by position and candidate readiness. Fictional data used.

Succession Planning 372

Succession Planning Planning Tools Data Talent Experience 372

Visier

JUNE 22, 2021

Today, more data exists about how we work than ever before. If analyzed properly, this data provides valuable insights about the trends, forces, and inequalities shaping today’s workforce—from gender pay disparities to the remote work revolution hastened by COVID-19. This is why data privacy is a high priority at Visier.

Visier 242

Visier Data Benchmarking Analysis 242

Analytics in HR

MARCH 6, 2018

It feels like these companies are looking for professionals with knowledge about Excel who want to work in HR, instead of HR professionals who want to analyze data. However, this one is labeled differently: Data scientist junior analyst. Research, analyze, and present data as assigned. Troubleshoot data and reports.

Analysis 49

Analysis HR Software HR Planning Staffing Software 49

Vantage Circle

JUNE 9, 2023

You can establish what a ‘competitive’ salary is through a process called ‘salary benchmarking’ Let’s take a look at what salary benchmarking is and how you can use it to bring the best of the best to your business. What is Salary Benchmarking? How to do Salary Benchmarking 1.

Benchmarking 98

Benchmarking Employer Branding Recruiting Software Talent Experience 98

Visier

NOVEMBER 7, 2017

Jac Fitz-enz — now celebrated as the father of human capital strategic analysis and measurement — founded the Saratoga Institute , and developed the first international HR benchmarking service. In this first wave of benchmarking, HR was provided with static comparison data that was typically 24 months old.

Benchmarking 218

Benchmarking HR Software Visier Comparison 218

U-Next

DECEMBER 22, 2017

You have to consider several factors and criteria to explore the possibilities of executing your plan and this requires a lot of data. From having no idea of how to go about planning your workforce to getting the most optimized direction for workforce analysis, data will help you get comprehensive insights.

Analysis 45

Analysis HR Planning HR Software Benchmarking 45

Analytics in HR

JULY 31, 2023

Staffing planning versus workforce planning: The difference How to develop a staffing planning Checklist: Conducting a staffing analysis An example of a staffing plan What is a staffing plan? The role of HR in staffing planning and analysis HR professionals have a crucial role to play here. Contents What is a staffing plan?

Staffing Software 81

Staffing Software Staffing HR Planning Planning Tools 81

Empuls

FEBRUARY 29, 2024

Salary benchmarking is when HR compares the organization's pay levels with market rates for similar jobs. According to HRforecast, 63% of organizations utilizing benchmarking practices are more likely to retain and attract top talent.   Salary benchmarking ensures that employees are paid fairly for their work. 

Benchmarking 40

Benchmarking Trends Hiring Software Planning Tools 40

Homebase

MARCH 6, 2024

Mastering concepts like cash flow analysis probably wasn’t what sparked that entrepreneurial passion. Homebase offers a unified, easy-to-understand view of your cash flow by integrating your sales, expenses, and financial transactions data. As a new small business owner, financial terminology can feel like a foreign language.

Staffing Software 52

Staffing Software Planning Tools Wage and Hour Training Benchmarking 52

HR Shelf

SEPTEMBER 4, 2023

This is where salary benchmarking comes in, enabling businesses to gauge their own salaries and benefits against competitors within their industry and across the broader market. However, first of all we need to know how salary benchmarking works ? How does salary benchmarking work? Why is salary benchmarking important?

Benchmarking 52

Benchmarking Assessment Software Planning Tools HR Software 52

Visier

NOVEMBER 7, 2017

Jac Fitz-enz — now celebrated as the father of modern HR — founded the Saratoga Institute , and developed the first international HR benchmarking service. In this first wave of benchmarking, HR was provided with static comparison data that was typically 24 months old. Enter HR Benchmarking 2.0:

Benchmarking 162

Benchmarking HR Software Visier Comparison 162

Hppy

JULY 5, 2023

In HR, data plays a crucial role in understanding employee trends, improving performance, and optimizing workforce management. However, the accuracy and reliability of HR analytics are heavily dependent on the quality of the data being used. This is where data cleansing comes into play. What is Data Cleansing?

Analytics 91

Analytics HR Software Data Planning Tools 91

HRExecutive

DECEMBER 21, 2023

And now, leveraging data is the sharpest tool we have to tackle this mission head-on. Why companies need data to combat bias Like any group culture, those within organizations include collective assumptions and ways of interpreting things that have evolved internally over time. This requires the use of data analytics.

Data 87

Data Hiring Software Benchmarking Diversity 87

Trusaic

APRIL 23, 2024

Part I focused on Compensation Philosophy Review and Pay Analysis Group formation and testing. Part III focused on Tainted Variable Analysis and Root Cause Assessment. A common question I hear is, how often should I conduct a pay equity analysis? One way to do this is to take advantage of your pay equity analysis.

Hiring Software 130

Hiring Software Analysis Assessment Software Compensation 130

Acendre

MAY 19, 2023

“83 percent of 924 companies surveyed globally have low people analytics maturity, as compared to the high maturity organizations which have graduated to more advanced practices,” according to Deloitte’s Global Human Capital Practice leader Art Mazor, in his recent analysis of talent acquisition analytics. And measuring recruitment success.

Talent Acquisition 52

Talent Acquisition Recruiting Software Hiring Software Recruitment 52

15Five

APRIL 16, 2024

Large enterprises (500+ employees): A robust and scalable solution that integrates with an HRIS to help manage high levels of employee data and information while remaining flexible and secure. Ensure that key data is readily accessible on a dashboard and that the interface is user-friendly and easy to navigate.

Onboarding Software 207

Onboarding Software Assessment Software HR Software Planning Tools 207

Decusoft

MAY 20, 2021

It is important to conduct compensation data audits frequently in order to produce an equitable and appropriate compensation plan. The aim of this guide is to give you a clear overview of total compensation analysis and the incentives that come with it. . What Are The Benefits of Compensation Analysis ?

Analysis 96

Analysis Compensation HR Planning Bonuses and Incentives 96

Analytics in HR

AUGUST 24, 2021

Conducting a thorough employee engagement survey analysis is essential for improving engagement and the employee experience at your organization and driving the business forward. Creating and distributing a survey requires valuable resources, which is why data must be meticulously analyzed, reported on, and acted upon.

Analysis 73

Analysis Employee Engagement Survey Hiring Software 73

Precheck

AUGUST 9, 2021

How to Use a SWOT Analysis to Audit Your HR Department Aug. The SWOT analysis is a simple but useful framework for analyzing your organization's strengths, weaknesses, opportunities, and threats. SWOT Analysis. However, the process of a SWOT analysis on its own is a great excuse to analyze and identify weaknesses based on data.

Analysis 111

Analysis HR Software Hiring Software HR Planning 111

Cisive

AUGUST 9, 2021

The SWOT analysis is a simple but useful framework for analyzing your organization’s strengths, weaknesses, opportunities, and threats. The PEST analysis is a useful tool for understanding market growth or decline, and as such the position, potential and direction for a business – and includes environmental factors.

Analysis 104

Analysis HR Software Hiring Software Assessment Software 104

Zalaris

APRIL 12, 2024

In our modern era, where data is the currency of insight, Generative AI emerges as a pivotal force in this transformative odyssey. Join us as we explore the implications and the boundless potential that Generative AI promises in data interpretation and decision-making within SAP Analytics Cloud. What is Generative AI?

Planning Tools 52

Planning Tools Analytics Data Analysis 52

HR Bartender

FEBRUARY 8, 2022

Continuous analysis to identify hidden costs and illuminate hidden opportunities is what takes compliance from that “accepted” cost of doing business to “strategic strategy”. Organizations can use technology to access the right data and industry benchmarks. If you want to learn more, check out ADP’s Smarter Compliance site.

Compliance 335

Compliance HR Software ADP Recruiting Software 335

HR Lineup

OCTOBER 11, 2021

Compensation in HRM, especially planning and analysis, is a crucial procedure that should be handled effectively to determine every employee’s compensation. Do not fret, though, because this article lists the best compensation planning and analysis tools 2021 to maximize the effectiveness of employee management. .

Planning Tools 79

Planning Tools Recruiting Software HR Software Analysis 79

EngagementMultiplier

JULY 29, 2021

Engagement Multiplier, a leading SaaS employee engagement platform for small and medium businesses, today announced a new version of the company’s flagship Benchmark Assessment employee engagement survey, as well as a number of new platform capabilities and enhanced privacy protections.

Assessment Software 52

Assessment Software Benchmarking Survey Employee Engagement 52

Littal Shemer

APRIL 12, 2023

(Reading Time: 8 minutes) Are HR professionals capable of deriving meaningful information and actionable insights from their organization’s data about its people? Are the data literacy assessment tools valid to measure such capabilities among HR? Do HR professionals speak data?

HR Software 104

HR Software Data Assessment Software Analytics 104

Vantage Circle

OCTOBER 14, 2021

But, to understand what you are missing out on, you must conduct a gap analysis as soon as possible. This article will walk you through the basics of gap analysis and the steps required to carry it out. This article will walk you through the basics of gap analysis and the steps required to carry it out. What Is Gap Analysis?

Analysis 59

Analysis Assessment Software Planning Tools How To 59

Thrive TRM

MARCH 1, 2022

Download Thrive’s 2021 Executive Compensation & Talent Benchmarks Report. In our latest report, the 2021 Executive Compensation & Talent Benchmarks Report , we analyzed all of this and more…. The post 2021 Executive Compensation & Talent Benchmarks Report: A Recap appeared first on Thrive TRM.

Benchmarking 52

Benchmarking Compensation Report Trends 52

Visier

APRIL 17, 2018

For the average person, data without a narrative is like a trip into the wilderness without a compass: overwhelming and disorienting. That’s why data journalism — a kind of factual storytelling based on data — has become a big trend. Why HR Needs Data Journalism. That’s a lot of data.

HR Software 214

HR Software Data Hiring Software Retention and Turnover 214

EmployeeConnect

JULY 18, 2023

To facilitate this, data needs to be consolidated, integrated across all HR modules, and delivered with a user-friendly experience. This is where visualisation comes into play, as it brings clarity and immediacy to the complex data within an HR Information System (HRIS) , making it actionable.

HR Software 130

HR Software Hiring Software Recruiting Software Analysis 130

SocialChorus

SEPTEMBER 28, 2018

How to think like a data scientist. In today’s world, your team is at a disadvantage if they are not data savvy. You don’t need to become a statistician, but you do need to have the mindset to run a data-driven communications practice. Establish a methodology and workflow for performing a continuous analysis.

Analysis 83

Analysis Planning Tools Assessment Software Interview Software 83