Analytics in HR

FEBRUARY 23, 2024

There are numerous Human Resources analytics courses available that range from basic statistical knowledge to HR data and metrics and more. All subjects are illustrated by real-life examples of how various organizations tap into HR analytics techniques to help them flourish. We hope you’ll find one that’s just right for you.

Compliance Training 72

Compliance Training Course Analytics Background screening 72

Visier

SEPTEMBER 29, 2020

Here is a challenge that many of our People Analytics prospects faced: despite making changes to improve diversity and inclusion , their overall diversity metrics had remained relatively stable. For example, you can see how many Latino women, who became managers three years ago are still with the business. How is this possible?

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Analysis Visier Diversity Analytics 422

ExactHire

APRIL 11, 2014

But sometimes having that much information at our fingertips can be disabling and intimidating if we aren’t sure which metrics are worth our attention for our specific company. And let’s say you do know which KPIs will serve you well…how do you then decide on appropriate benchmarks for each metric for your business?

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Metrics Background screening Recruiting Software Hiring Software 130

Hire Road

JANUARY 22, 2024

Authentic, data-driven people analytics goes beyond the basic metrics you might pull from your ATS, HCM, or HRIS systems. Workforce planning breaks down into four main elements: Supply Analysis Demand Analysis Gap Analysis Solution Analysis Let’s dive in. So how does it work? Who are your key players?

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Planning Tools Workforce Planning HR Software Staffing Software 64

Bullhorn Blog

APRIL 18, 2024

Track the right metrics After you’ve implemented a data-driven strategy, ensure that you proactively measure its performance by tracking metrics for both individual and organizational levels. For example, you can measure metrics like time-to-fill and cost-per-hire to assess the effectiveness of your recruiting strategy.

Bullhorn 52

Bullhorn Recruiting Software Staffing Software Hiring Software 52

Bullhorn Blog

APRIL 18, 2024

Track the right metrics After you’ve implemented a data-driven strategy, ensure that you proactively measure its performance by tracking metrics for both individual and organizational levels. For example, you can measure metrics like time-to-fill and cost-per-hire to assess the effectiveness of your recruiting strategy.

Bullhorn 52

Bullhorn Recruiting Software Staffing Software Hiring Software 52

HR Digest

APRIL 13, 2023

HR metrics and analytics have emerged as a powerful tool to help organizations make better HR decisions and embrace workforce planning. In this article, we explore the benefits of data-driven analytics and metrics and how they can be used to improve HR outcomes. What are HR metrics and analytics?

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Metrics Analytics HR Planning HR Software 105

Trusaic

NOVEMBER 30, 2021

One of the most important criteria for choosing a pay equity solution is ensuring that the software doesn’t encourage gamifying the metrics. Below is an example of what we mean by that. Applying such “convenient” factor controls (as Division and City above) gamifies the pay equity analysis results. Eliminate pay disparities.

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Analysis Recruiting Software HR Software Compensation 130

Synergita

MARCH 18, 2024

For example, the objective could be to “boost brand awareness among millennial consumers in urban areas”. Enhance Competitor Analysis and Benchmarking Objective: Improve competitor analysis and benchmarking to identify opportunities and stay ahead of industry trends.

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Examples Objectives & Key Results Onboarding Software Interview Software 96

Analytics in HR

NOVEMBER 2, 2022

If you’d like to read some examples of HR analytics and dive deeper into all that it entails, our article on What is HR Analytics written by AIHR co-founder Erik van Vulpen provides a great starting place. Descriptive analytics advantages Descriptive analytics disadvantages – The simplest form of data analysis.

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Analytics HR Planning HR Software Staffing Software 115

Hppy

MAY 15, 2023

SWOT analysis is a strategic planning tool that helps organizations to identify and analyze their internal strengths and weaknesses, as well as external opportunities and threats. In particular, the human resources (HR) department plays a critical role in conducting a SWOT analysis for organizational development.

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Analysis HR Planning HR Software Recruiting Software 91

Analytics in HR

AUGUST 8, 2023

Talent acquisition team structure Examples of organizations’ talent acquisition team structures 7 Steps for building a talent acquisition team How to measure the success of a talent acquisition team Case study: Netflix’s talent acquisition team What is a talent acquisition team? Contents What is a talent acquisition team?

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Talent Acquisition Case Study Hiring Software Recruiting Software 86

Analytics in HR

OCTOBER 11, 2023

Contents ChatGPT for people analytics: 9 use cases The dos and don’ts of ChatGPT data analysis How to use ChatGPT for people analytics ChatGPT for people analytics: 9 use cases Data analysts are using ChatGPT to quickly process large quantities of unstructured data. Let’s get into it!

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Analytics Examples HR Software Hiring Software 117

Business Management Daily

FEBRUARY 28, 2023

With that in mind, how do you know which KPIs and HR metrics to track at your organization? After all, there are tons of HR metrics that you can track by analyzing employee data, including turnover rate, absenteeism , employee turnover, retention rate, and many others. Why are HR metrics important?

Metrics 111

Metrics HR Software Hiring Software HR Planning 111

Engagedly

NOVEMBER 23, 2023

To accelerate progress and drive meaningful change, organizations must focus on setting and tracking meaningful DEI metrics. These metrics can help identify gaps, measure the effectiveness of DEI initiatives, and ensure accountability. What are DEI metrics?

Metrics 40

Metrics How To Diversity Assessment Software 40

Analytics in HR

JANUARY 11, 2023

Carrying out resource analysis: An organization’s financial statements come in handy when analyzing and interpreting its financial health. For example, when a company pays a wage for a service rendered, the amount is recorded in the wages payable account of the balance sheet. Liability. Owner’s equity.

HR Planning 117

HR Planning HR Software Hiring Software Planning Tools 117

Analytics in HR

MAY 10, 2022

Let’s have a look at employee retention metrics that help improve employee retention at your organization. Why you need to measure employee retention Common employee retention metrics. Employee retention metrics help you assess that. Common employee retention metrics. Contents What is employee retention?

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Metrics Retention and Turnover Hiring Software HR Planning 136

UKG

AUGUST 1, 2023

This second part will provide a sample process to guide you and unit leadership through reconciling budget metrics and making the needed changes in Clinical Scheduling Extensions. Help! Use the Unit Profile or Staffing Analysis reports as a baseline report to share the HPPD configured currently in Extensions.

Staffing Software 52

Staffing Software UKG Tools Background screening 52

Engagedly

JANUARY 4, 2024

They provide systematic monitoring, analysis, and reporting of key performance indicators (KPIs) within an organization. This allows for direct data analysis, enabling HR departments to uncover valuable insights that can enhance hiring practices, workplace management, and employee performance.

HR Software 52

HR Software HR Planning Hiring Software Examples 52

Analytics in HR

JUNE 7, 2022

Let’s have a look at all you need to know about employee wellbeing metrics. Contents What are employee wellbeing metrics? Useful employee wellbeing metrics. What are employee wellbeing metrics? Proving the impact of wellbeing in the workplace is possible with employee wellbeing metrics.

Metrics 130

Metrics Retention and Turnover Assessment Software Hiring Software 130

Analytics in HR

DECEMBER 13, 2022

Exit interview data analysis is the key to making the most of your exit interview process. The exit interview data analysis process. The exit interview data analysis process. Here is an overview of the 7 steps involved in conducting a data analysis with your exit interview data: 1. Contents What is an exit interview?

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Interview Software Analysis Hiring Software Data 97

15Five

APRIL 16, 2024

However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover. For example, if your feedback finds that employees feel like the feedback loop is broken, you can address this concern to improve engagement when onboarding new software.

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Onboarding Software Assessment Software HR Software Planning Tools 207

Analytics in HR

JUNE 19, 2023

For example, this could involve identifying a future skill the business needs and organizing training to nurture that skill within the workforce or recruiting more staff. A member of staff might decide to leave the business, for example. Workforce analysis One of the most crucial aspects of talent planning is workforce analysis.

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Planning Tools Talent Experience Hiring Software Recruiting Software 100

Homebase

JANUARY 19, 2024

If employees know they’re spending too much time on less important tasks, for example, it’s useful for them to know so they can better prioritize. By analyzing historical data, you can identify patterns in employee productivity, work hours, and other key metrics that can inform your future business decisions.

Planning Tools 52

Planning Tools Staffing Software Assessment Software Wage and Hour Training 52

Engagedly

NOVEMBER 14, 2023

To accelerate progress and drive meaningful change, organizations must focus on setting and tracking meaningful DEI metrics. These metrics can help identify gaps, measure the effectiveness of DEI initiatives, and ensure accountability. What are DEI metrics?

Metrics 40

Metrics How To Diversity Assessment Software 40

Analytics in HR

NOVEMBER 28, 2022

Microsoft Excel is the market leader when it comes to data analysis, both in HR and other business functions. While it is no substitute for an HR Information System and does not offer the most advanced people analytics capabilities, it is the all-time favorite for quick analysis and data visualization. HR data analysis process.

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Analysis HR Software Data Assessment Software 91

Decusoft

MAY 20, 2021

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 ? Compensation analysis reviews look at both internal and external data to see whether an employer is paying workers equally for the job they do.

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Analysis Compensation HR Planning Bonuses and Incentives 96

Bob

AUGUST 21, 2023

It should also describe the diversity and inclusion metrics you’ll use to measure your performance. Whether these are qualitative or quantitative, including these metrics is important to underpin your policy with effective action and results. Outline your policy scope and purpose To whom does your DE&I policy apply?

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Policies Diversity Examples Recruiting Software 78

Bob

NOVEMBER 15, 2023

For example, this workforce planning might include supply forecasting—checking whether your current workforce can meet business demands—and demand forecasting—choosing the types and quantity of employees needed to match your future business goals. Carry out gap analysis. After forecasting, the next step is gap analysis.

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HR Planning Planning Tools Hiring Software Resources 78

Analytics in HR

FEBRUARY 3, 2023

Training needs analysis is a key tool in the arsenal of any L&D professional, trainer, or training consultant. In this article, we will explain what a training needs analysis is, provide a guide for conducting this analysis, and helpful examples. Contents What is a training needs analysis? Let’s dive in!

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Analysis Harassment Compliance Training Training 70

Visier

AUGUST 8, 2017

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. 5 Manager Effectiveness Metrics for Administrative Managers.

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Metrics Hiring Software HR Planning Planning Tools 193

Analytics in HR

MAY 24, 2022

For example, an efficiently designed and executed recruitment and onboarding strategy can help bring top talent on board, leading to increased productivity and, therefore, revenue. We discuss HR effectiveness metrics in more detail below. To measure the effectiveness of your HR function, you need to establish relevant metrics.

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Metrics HR Planning HR Software Hiring Software 83

Hire Talent

MAY 24, 2023

In-house recruiters and HR managers increasingly utilize various metrics to assess their hiring processes, such as time to hire, fill, and offer acceptance rates. Organizations can effectively channel their resources and initiate targeted enhancements to expedite the hiring process by using the time to hire as the guiding hiring metric.

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Video Recruiting Metrics Hiring Software Hiring 74

Xoxoday

JULY 14, 2023

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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Analysis Assessment Software Planning Tools Tools 52

Degreed

JANUARY 6, 2021

Telling your workforce development story — in fresh ways with new metrics — can capture the attention of your business leaders and make your learning program an important business priority. Where We’ve Been: Metrics Important to Learning. Maybe your program’s already a priority. Details Make a Good Narrative Great.

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Metrics Compliance Training Video Recruiting Talent Experience 134

Trusaic

SEPTEMBER 2, 2020

When monitored over time, pay audits provide richer metrics, including tracking the diversity of new hires, flagging disparities in starting salaries, and measuring disparate impacts of promotions, lateral transfers, and separations. The post DEI Measurement, Analysis, & Implementation During COVID-19 first appeared on Trusaic.

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Analysis Hiring Software Diversity Assessment Software 130

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. Shannon Shoemaker Vice President, Solutions, Marketing and Partnerships. Back to HR Basics to Audit HR.

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Analysis HR Software Hiring Software HR Planning 111