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How To Use Cohort Analysis for Better Workforce Decisions

Visier

Instead of accepting an intuition-based decision, consider performing a data-driven cohort analysis, where you look at each employee’s detailed work records and perform comparisons against similar employees and employee groups. This comparison helps you determine how well she is being compensated within her existing pay band.

Analysis 201
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Competitor Analysis 101: Strategies and Tools for Success

Xoxoday

In this blog, we offer you an understanding of the strategies that can help with effective competitor analysis. What is competitor analysis? Competitor analysis is the process of assessing and evaluating the strengths and weaknesses of rival businesses in a particular industry. What is the need for competitor analysis?

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What Is Competency Mapping? The Ultimate 2024 Guide for HR Managers in UAE

Bayzat

When hiring new employees, every role within an organization calls for a unique blend of different competencies. That’s why many HR managers are now turning to competency mapping to help identify skill sets and gaps in individuals or teams. Competency mapping also helps in reducing the risk of hiring the wrong person.

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Brokers: How to Compete Against Online Health Insurance Companies

Extensis

In addition to competing against other advisers and insurance groups, brokers are now facing competition from a totally new source: technology companies. As a broker, here’s how you can compete against the rising threat of online health insurance companies to protect your book of business and build stronger client relationships.

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How to conduct Skill Gap Analysis in 2023

PSB

What is Skill Gap Analysis in 2023? The HR and L&D teams conduct a Skill gap analysis in 2023 to analyze if the workforce’s existing skills are sufficient to satisfy the needs of the business. Why Is Conducting a Skills Gap Analysis Important in 2023?

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How To Use Cohort Analysis for Better Workforce Decisions

Visier

Instead of accepting an intuition-based decision, consider performing a data-driven cohort analysis, where you look at each employee’s detailed work records and perform comparisons against similar employees and employee groups. This comparison helps you determine how well she is being compensated within her existing pay band.

Analysis 105
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How to Shift from a Competency Model to a Skills Strategy in 5 Steps

Degreed

Competency models are complicated. The list of competencies is often never-ending, bloated with dozens of buzzwords, and each one typically includes several repetitive paragraphs to describe various levels of performance. Competency models were not designed for agility or big data. Follow these five steps to get started.