Expert insights. Personalized for you.
Even the most qualitative departments, such as Marketing, moved from “art” to “science” through the use of data. . Indeed, the “art” of modern business is that everything can be quantified and measured, and data is now the single most important type of capital that an enterprise can own. MORE
As our exposure to Big Data progresses exponentially, analytics and BI are playing an increasing role in overall corporate strategy. Few departments are exempt from regularly analyzing and reporting metrics to the C-suite, and long-term tracking of this data is invaluable. MORE
Benchmarking Metric Benchmarking can be a great way to compare your metrics to industry best practices, however accessing relevant benchmarking data for you industry is not always easy to obtain or broadly available for every industry. MORE
Data-driven Insights for Employee Retention. ExitRight ® recently updated its ExitRight norms based upon responses to benchmarked questions from all clients during 2016 and 2017. In most industries, pay ranked third in importance out of the top 12 turnover causes. MORE
Lower employee turnover. The factors that affect employee turnover vary by industry and job role, but excessive workload is a top culprit across the board. Starbucks enjoys an annual employee turnover of only 65%, in an industry that averages 150% to 400%. MORE
A wealth of data has been at the fingertips of HR professionals itching to delve into it for valuable insight. Today’s HR professional is beginning to reap the benefits of the data collected from every step of the employee experience, from recruitment to retirement. Using big data and AI , professionals are measuring HR efficiencies, project outcomes, boost culture, and more. Data analytics has the potential to turn information held into actionable processes and outcomes. MORE
Data is now the most valuable currency in the world. But in contrast to the murky ethics of sourcing and selling consumer-driven data , leveraging internal HR data analytics to make better workforce decisions has been a key Human Resources best practice for decades. MORE
They are varied, but we are seeing HR focus on critical areas such as retention, recruiting, diversity requirements, and generational divides. Here are our top 5 trends for the not-so-distant future: Trend #1: Companies will double-down on retention and recruiting. MORE
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. MORE
Exit interview facilitation and analysis. Create custom online questionnaires, take notes on exit interviews, and track results against third-party benchmark data. Use these direct insights to start reducing unwanted turnover and strengthen your organization’s team. MORE
Data-driven Insights for Employee Retention. ExitRight ® recently updated its ExitRight norms based upon responses to benchmarked questions from all clients during 2016 and 2017. In most industries, pay ranked third in importance out of the top 12 turnover causes. MORE
The term “Big Data” seems mysterious to many HR organizations. Big Data describes the huge amount of data, both structured and unstructured, that people and systems are using. But only the data that affects business greatly on daily basis counts. MORE
Succession planning with data. Fictional data used. Digging deeper can also show if the succession pool is viable over the long-term based on employees proximity to retirement: This analysis shows how close to retirement employees in the succession pool might be. MORE
High turnover is a major concern for many organizations. But how do you know if your turnover really is an issue? Let’s take an analytical approach to retention. Turnover is a key HR metric and tends to be understood by leadership as a serious risk. Pre-turnover red flags. MORE
Adopt a data-driven approach. Data and analytics can offer insight into talent pipelines, helping organizations recruit best-fit talent. His company leverages both internal and external data to build a talent plan that can support the business. MORE
HR departments stand to gain a lot by tracking employee turnover. Valuable data can be collected and deeper insights drawn to reveal the potential source of the turnover, whether it be job dissatisfaction or other more personal reasons. This key HR metric can help companies assess and prioritize changes or adjustments to their culture or practices in order to decrease attrition and ensure retention of employees in the future. Collect a Wide Range of Data. MORE
The most recent JOLTS , or Job Openings and Labor Turnover Survey published by the US Bureau of Labor Statistics , puts the the latest job openings level registered in November 2015 at 5,431,000(p). The latest data shows that it’s not. MORE
Instead, companies should consider taking a data-driven, consumer-grade approach to making rewards decisions and consider employee preferences and needs as an additional input into the design of future programs. Posted by Stacey Philpot and Joan Goodwin on September 1 3 , 2019. MORE
AI talent acquisition harnesses the ability of artificial intelligence to derive insights from large amounts of data and automate much of the labor-intensive, repetitive work that goes into hiring talent. All these aspects of onboarding contribute to employee satisfaction and retention. MORE
While their findings were statistically significant and turnover is expensive, it’s probably not enough to convince a boss to give someone a 10 percent raise. Research shows that both distributive fairness and procedural fairness lead to higher employee retention. MORE
Tony will provide expertise in all aspects of exit interview services from marketing through setup and delivery of ExitRight turnover data. Additionally, she will provide analysis and client support as HSD Metrics continues to build innovative offerings. MORE
Employee turnover was around 4%, most of it involuntary or driven by economics. Today, educated and skilled people are in short supply, with an average turnover above 10%. This comes at a time when Big Data and mobile apps are causing a major disruption in how HR monitors engagement. MORE
When you consider the fact that millennials now make up the majority of the workforce and are defining the new age organizational culture, we realize that they are setting the benchmark of all change drivers. These are the following pointers to keep in mind while doing workforce analysis. MORE
Performance and retention: Organizations with engaged workers may have employees who are 57 percent more effective and 87 percent less likely to leave than organizations with low engagement. This retention aspect is particularly pertinent. MORE
According to Bersin by Deloitte Research, in 2016, companies experienced a massive 120 percent increase in correlating their people data to business performance. Obviously, merely mining HR data is no longer enough; your clients are expected to actually do something with it. MORE
SEPTEMBER 25, 2019
With the growth in volume and complexity of data , having agile visibility into and use of your people data is more critical than ever. Visier has the pre-built questions and data flows already mapped out to guide your analysis and turn data into action. . MORE
Employee turnover was around 4%, most of it involuntary or driven by economics. Today, educated and skilled people are in short supply, with an average turnover above 10%. This comes at a time when Big Data and mobile apps are causing a major disruption in how HR monitors engagement. MORE
One of the best places to start is with salary benchmarking. What Are Salary Benchmarking and Compensation Management? Compensation management is an important component of employee retention. It is a process for attracting new talent, reducing turnover, and boosting performance by offering competitive salaries and non-monetary benefits. People who work in compensation management utilize a pool of data. Why Bring Data Analytics Into Your Payroll Process? MORE
The planning and headcount tracking processes that run on annual cycles and require weeks just to establish baseline data from the HRIS will not be good enough to handle this situation. This analysis shows the projected headcount trend by location. Fictional data used. MORE
This information was provided anonymously to managers so they could reduce turnover risk factors and retain their people better. Turnover at Experian. The company was facing levels of turnover that were 3-4% higher than they wanted it to be. Employee retention. MORE
Culling data from employee engagement surveys can drive strategic business decisions. One problem holding companies back is the ineffective collection and use of engagement data. By taking heed of employee engagement data, HR can lead the way in fostering a productive workforce. MORE
Reducing Manager Turnover: Does People Analytics Drive Results? In terms of addressing manager turnover, a big question for many HR leaders is whether people analytics actually delivers value. Insight #2: Visier customers lowered manager turnover by 17%. MORE
By building a family-friendly workplace, employers can do more than just lift the burden off their employees: They can improve productivity, employee engagement, loyalty, retention, diversity, and ultimately, business performance. Historical enrollment data. Benchmark. MORE
When HR professionals talk about data analytics , generally they focus on the good stuff. But every employer is at a different point in their data journey; some we work with have very little or even no people data to draw on at all, while others use a balanced scorecard to identify their financial, internal, customer, learning and growth metrics. For example, in our field of dispute resolution, a commonly cited financial metric is staff turnover. MORE
In today’s increasingly competitive talent market , what if there was a way to improve retention of top employees? Companies are embracing technology to take an innovative employee-experience approach versus the age old employee data management method of onboarding. Better Retention. MORE
Insights that come from analyzing data and can be immediately translated into action. For instance, in an absenteeism analysis we saw that the chance of a long absence strongly increased after the second instance of absenteeism. Data-driven. Data-driven is a way of working. MORE
Cigna’s CHRO John Murabito leverages a data-rich people strategy to drive proactive business decisions. He also shares two enablers of Cigna’s talent strategy: data and unique employee benefits. How does the data you have help advise and guide the business? MORE
And when it comes to business objectives, KPIs are our go-to benchmark. We know bias in business undermines employee commitment, performance, and retention. We also take a data-driven approach to the analysis of pay discrepancy. MORE
That’s why staff members complain and protest about inaccurate assessments, data-driven errors and unpopular decisions – HR reporting fails to deliver unless the HR reports dig down into the databases to get the most accurate and relevant performance information, employee profile data and business intelligence. Data-driven decision management , or DDDM, is an approach that uses verifiable data to assist in decision-making processes. MORE
Performance and retention: Organizations with engaged workers may have employees who are 57 percent more effective and 87 percent less likely to leave than organizations with low engagement. This retention aspect is particularly pertinent. MORE
Califano will provide expertise in all aspects of exit interview services from marketing through set up and delivery of ExitRight turnover data. Additionally, she will provide analysis and client support as HSD Metrics continues to build innovative offerings. MORE
Analysis Benchmarking Data Retention and Turnover Vemo
SEPTEMBER 9, 2016
Benchmarking Metric Benchmarking can be a great way to compare your metrics to industry best practices, however accessing relevant benchmarking data for you industry is not always easy to obtain or broadly available for every industry.
Ultimate Software
APRIL 24, 2018
As our exposure to Big Data progresses exponentially, analytics and BI are playing an increasing role in overall corporate strategy. Few departments are exempt from regularly analyzing and reporting metrics to the C-suite, and long-term tracking of this data is invaluable.
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Bonusly
APRIL 10, 2019
High turnover is a major concern for many organizations. But how do you know if your turnover really is an issue? Let’s take an analytical approach to retention. Turnover is a key HR metric and tends to be understood by leadership as a serious risk. Pre-turnover red flags.
HSD Metrics
MAY 17, 2018
Data-driven Insights for Employee Retention. ExitRight ® recently updated its ExitRight norms based upon responses to benchmarked questions from all clients during 2016 and 2017. In most industries, pay ranked third in importance out of the top 12 turnover causes.
HSD Metrics
MAY 17, 2018
Data-driven Insights for Employee Retention. ExitRight ® recently updated its ExitRight norms based upon responses to benchmarked questions from all clients during 2016 and 2017. In most industries, pay ranked third in importance out of the top 12 turnover causes.
Ultimate Software
AUGUST 2, 2019
Data is now the most valuable currency in the world. But in contrast to the murky ethics of sourcing and selling consumer-driven data , leveraging internal HR data analytics to make better workforce decisions has been a key Human Resources best practice for decades.
|
LaborSoft
JULY 12, 2018
HR departments stand to gain a lot by tracking employee turnover. Valuable data can be collected and deeper insights drawn to reveal the potential source of the turnover, whether it be job dissatisfaction or other more personal reasons. This key HR metric can help companies assess and prioritize changes or adjustments to their culture or practices in order to decrease attrition and ensure retention of employees in the future. Collect a Wide Range of Data.
Visier - Talent Acquisition
JULY 25, 2019
Reducing Manager Turnover: Does People Analytics Drive Results? In terms of addressing manager turnover, a big question for many HR leaders is whether people analytics actually delivers value. Insight #2: Visier customers lowered manager turnover by 17%.
Visier - Talent Acquisition
JUNE 24, 2020
Succession planning with data. Fictional data used. Digging deeper can also show if the succession pool is viable over the long-term based on employees proximity to retirement: This analysis shows how close to retirement employees in the succession pool might be.
SuccessFactors
AUGUST 31, 2017
The term “Big Data” seems mysterious to many HR organizations. Big Data describes the huge amount of data, both structured and unstructured, that people and systems are using. But only the data that affects business greatly on daily basis counts.
Visier - Talent Acquisition
NOVEMBER 5, 2019
Even the most qualitative departments, such as Marketing, moved from “art” to “science” through the use of data. . Indeed, the “art” of modern business is that everything can be quantified and measured, and data is now the single most important type of capital that an enterprise can own.
|
Paycor
MARCH 22, 2018
According to Bersin by Deloitte Research, in 2016, companies experienced a massive 120 percent increase in correlating their people data to business performance. Obviously, merely mining HR data is no longer enough; your clients are expected to actually do something with it.
HRO Today
OCTOBER 21, 2019
Cigna’s CHRO John Murabito leverages a data-rich people strategy to drive proactive business decisions. He also shares two enablers of Cigna’s talent strategy: data and unique employee benefits. How does the data you have help advise and guide the business?
HSD Metrics
JANUARY 1, 2020
Tony will provide expertise in all aspects of exit interview services from marketing through setup and delivery of ExitRight turnover data. Additionally, she will provide analysis and client support as HSD Metrics continues to build innovative offerings.
HSD Metrics
JULY 3, 2019
Califano will provide expertise in all aspects of exit interview services from marketing through set up and delivery of ExitRight turnover data. Additionally, she will provide analysis and client support as HSD Metrics continues to build innovative offerings.
Zenefits
FEBRUARY 21, 2019
One of the best places to start is with salary benchmarking. What Are Salary Benchmarking and Compensation Management? Compensation management is an important component of employee retention. It is a process for attracting new talent, reducing turnover, and boosting performance by offering competitive salaries and non-monetary benefits. People who work in compensation management utilize a pool of data. Why Bring Data Analytics Into Your Payroll Process?
cipHR
MARCH 27, 2018
When HR professionals talk about data analytics , generally they focus on the good stuff. But every employer is at a different point in their data journey; some we work with have very little or even no people data to draw on at all, while others use a balanced scorecard to identify their financial, internal, customer, learning and growth metrics. For example, in our field of dispute resolution, a commonly cited financial metric is staff turnover.
HRO Today
OCTOBER 23, 2018
Culling data from employee engagement surveys can drive strategic business decisions. One problem holding companies back is the ineffective collection and use of engagement data. By taking heed of employee engagement data, HR can lead the way in fostering a productive workforce.
Visier
OCTOBER 19, 2015
Employee turnover was around 4%, most of it involuntary or driven by economics. Today, educated and skilled people are in short supply, with an average turnover above 10%. This comes at a time when Big Data and mobile apps are causing a major disruption in how HR monitors engagement.
CuteHR
DECEMBER 7, 2019
When you consider the fact that millennials now make up the majority of the workforce and are defining the new age organizational culture, we realize that they are setting the benchmark of all change drivers. These are the following pointers to keep in mind while doing workforce analysis.
EmployeeConnect
DECEMBER 20, 2016
That’s why staff members complain and protest about inaccurate assessments, data-driven errors and unpopular decisions – HR reporting fails to deliver unless the HR reports dig down into the databases to get the most accurate and relevant performance information, employee profile data and business intelligence. Data-driven decision management , or DDDM, is an approach that uses verifiable data to assist in decision-making processes.
Visier - Talent Acquisition
SEPTEMBER 25, 2019
With the growth in volume and complexity of data , having agile visibility into and use of your people data is more critical than ever. Visier has the pre-built questions and data flows already mapped out to guide your analysis and turn data into action. .
Bersin
SEPTEMBER 13, 2019
Instead, companies should consider taking a data-driven, consumer-grade approach to making rewards decisions and consider employee preferences and needs as an additional input into the design of future programs. Posted by Stacey Philpot and Joan Goodwin on September 1 3 , 2019.
Analytics in HR
NOVEMBER 5, 2018
This information was provided anonymously to managers so they could reduce turnover risk factors and retain their people better. Turnover at Experian. The company was facing levels of turnover that were 3-4% higher than they wanted it to be. Employee retention.
Visier - Talent Acquisition
APRIL 27, 2020
The planning and headcount tracking processes that run on annual cycles and require weeks just to establish baseline data from the HRIS will not be good enough to handle this situation. This analysis shows the projected headcount trend by location. Fictional data used.
Ultimate Software
MAY 31, 2018
Lower employee turnover. The factors that affect employee turnover vary by industry and job role, but excessive workload is a top culprit across the board. Starbucks enjoys an annual employee turnover of only 65%, in an industry that averages 150% to 400%.
Visier
OCTOBER 19, 2015
Employee turnover was around 4%, most of it involuntary or driven by economics. Today, educated and skilled people are in short supply, with an average turnover above 10%. This comes at a time when Big Data and mobile apps are causing a major disruption in how HR monitors engagement.
HRO Today
MAY 5, 2020
Adopt a data-driven approach. Data and analytics can offer insight into talent pipelines, helping organizations recruit best-fit talent. His company leverages both internal and external data to build a talent plan that can support the business.
Get Hppy
APRIL 14, 2016
The most recent JOLTS , or Job Openings and Labor Turnover Survey published by the US Bureau of Labor Statistics , puts the the latest job openings level registered in November 2015 at 5,431,000(p). The latest data shows that it’s not.
Visier
OCTOBER 15, 2014
They are varied, but we are seeing HR focus on critical areas such as retention, recruiting, diversity requirements, and generational divides. Here are our top 5 trends for the not-so-distant future: Trend #1: Companies will double-down on retention and recruiting.
AllyO
JUNE 28, 2019
AI talent acquisition harnesses the ability of artificial intelligence to derive insights from large amounts of data and automate much of the labor-intensive, repetitive work that goes into hiring talent. All these aspects of onboarding contribute to employee satisfaction and retention.
Analytics in HR
MAY 11, 2020
Insights that come from analyzing data and can be immediately translated into action. For instance, in an absenteeism analysis we saw that the chance of a long absence strongly increased after the second instance of absenteeism. Data-driven. Data-driven is a way of working.
Digital HR Tech
NOVEMBER 11, 2019
While their findings were statistically significant and turnover is expensive, it’s probably not enough to convince a boss to give someone a 10 percent raise. Research shows that both distributive fairness and procedural fairness lead to higher employee retention.
HRO Today
OCTOBER 21, 2019
By building a family-friendly workplace, employers can do more than just lift the burden off their employees: They can improve productivity, employee engagement, loyalty, retention, diversity, and ultimately, business performance. Historical enrollment data. Benchmark.
Zenefits
JANUARY 7, 2019
A wealth of data has been at the fingertips of HR professionals itching to delve into it for valuable insight. Today’s HR professional is beginning to reap the benefits of the data collected from every step of the employee experience, from recruitment to retirement. Using big data and AI , professionals are measuring HR efficiencies, project outcomes, boost culture, and more. Data analytics has the potential to turn information held into actionable processes and outcomes.
SuccessFactors
JULY 23, 2018
And when it comes to business objectives, KPIs are our go-to benchmark. We know bias in business undermines employee commitment, performance, and retention. We also take a data-driven approach to the analysis of pay discrepancy.
HR Times
SEPTEMBER 15, 2016
Performance and retention: Organizations with engaged workers may have employees who are 57 percent more effective and 87 percent less likely to leave than organizations with low engagement. This retention aspect is particularly pertinent.
HR Times
SEPTEMBER 15, 2016
Performance and retention: Organizations with engaged workers may have employees who are 57 percent more effective and 87 percent less likely to leave than organizations with low engagement. This retention aspect is particularly pertinent.
Everwise
AUGUST 15, 2017
In today’s increasingly competitive talent market , what if there was a way to improve retention of top employees? Companies are embracing technology to take an innovative employee-experience approach versus the age old employee data management method of onboarding. Better Retention.
Astron Solutions
OCTOBER 25, 2019
Exit interview facilitation and analysis. Create custom online questionnaires, take notes on exit interviews, and track results against third-party benchmark data. Use these direct insights to start reducing unwanted turnover and strengthen your organization’s team.
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