Why Benchmarking 2.0 is a Must-Have for Influential HR Leaders

Visier

This all changed in 1980, when Dr. Jac Fitz-enz — now celebrated as the father of modern HR — founded the Saratoga Institute , and developed the first international HR benchmarking service. Enter HR Benchmarking 2.0: The post Why Benchmarking 2.0

Why Benchmarking 2.0 is a Must-Have for Influential HR Leaders

Visier

This all changed in 1980, when Dr. 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. Enter HR Benchmarking 2.0:

Solidifying a Competitive Advantage with Engagement Benchmarking

Ultimate Software

As our exposure to Big Data progresses exponentially, analytics and BI are playing an increasing role in overall corporate strategy. Benchmarking enables companies to compare organizational metrics with their peers and competitors, confirming strengths and opportunities for improvement.

Industry Verticals, Organizational Cultures, and Benchmarking

ClaimVantage

These groups are so large that they often self-insure many of their insurance coverages, and soon terms like “benefits administration,” “workflow” and “benchmarking” become a regular part of your vocabulary.

Just Released – Our 2018 Third-Party Recruiting Benchmark Report

2018 THIRD-PARTY RECRUITING BENCHMARK REPORT THE DEFINITIVE COLLECTION OF. INDUSTRY TRENDS IN CRITICAL. HIRING FROM THE WORLD’S LEADING. RECRUITER ENGAGEMENT PLATFORM FOREWORD / 2 FOREWORD. We’re dedicated to solving the challenges of third-party search.

People Analytics Has Arrived

HRExecutive

When I asked, “Who has a people-analytics team?”, Indeed, people analytics is coming to a theater near you. People-analytics teams range in size from 2 percent to 7 percent of the total HR workforce. Prebuilt Reports, Dashboards and Benchmarking.

People analytics for SMEs

Analytics in HR

However, we’re getting the question more and more whether people analytics also applies to small and medium enterprises. Is People Analytics relevant for SMEs? Each of the three essential building blocks for people analytics help to manage Human Resources in a better way.

People Analytics Has Arrived

Analytics in HR

When I asked, “Who has a people-analytics team?”, Indeed, people analytics is coming to a theater near you. People-analytics teams range in size from 2 percent to 7 percent of the total HR workforce. The most primitive tools are essentially the latest form of benchmarking, while the most sophisticated offer the capacity to fine tune HR delivery to optimize organizational performance. They often provide industry-wide data for benchmarking purposes.

The 4 Elements of Analytics Storytelling

Visier

Here’s how to use those four elements to help tell your analytics story. Communicate the right context—for instance, previously established goals, historical data, KPIs, or industry benchmarks—to your audience so they understand why the data is important.

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.

Dice 2018 Tech Salary Report

benchmarks for tech pay across the U.S., HANA (High Performance Analytical Application) $ 118,569 -8.1% Dice 2018 Tech Salary Report Released January 22, 2018 WHILE TECH SALARIES. REMAIN FLAT, EMPLOYERS. OFFER OTHER INCENTIVES.

Benchmarking & What-If Analysis

Vemo

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.

HR Analytics – The “GPS” of True HR Transformation

Visier

The same could be said – most recently – for the terms, “workforce analytics,” “talent analytics,” and other variants of this. These include: Setting the global HR strategy: requires change analytics capabilities. Numbers behind HR – benchmarking & analytics.

Product Update: Industry Benchmarks Make Insights Even More Accurate

Hireology

Insights – Hireology’s analytics platform –just received an update to make our benchmarks even more accurate. Industry benchmarks make it easy to measure and compare aspects of your hiring process to other businesses like yours to see how you stack against the competition.

It’s About More Than HR: Analytics Learnings from Tom Davenport and Dr. John Sullivan

Visier

The underlying theme tying their two presentations together was that in order for HR to be successful with analytics, it’s necessary to connect HR goals (or your people strategy) to organizational goals (the business strategy). The eras are: Analytics 1.0: Artisanal Analytics.

Compensation 101: A Beginner's Guide to Compensation Management

Often analytics are. Match to Find Your Job in Your Data Source The definition of a benchmark job is that it is a job that regularly exists in the market. (To 1 www.payscale.com A beginner’s guide to.

Benchmarking Talent Acquisition: Increasing Spend, Cost Per Hire, and Time to Fill

Bersin with Deloitte

I’m excited to announce that the highly-anticipated Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing, and Key Recruiting Metrics was published today.[1] Hiring & Onboarding HR & Talent Analytics HR Strategy & Benchmarking Human Resources Sourcing & Recruiting Talent Acquisition Strategy Talent Acquisition Tech Tools & Technology

People Analytics in SMBs: Small Data, Huge Impact

Littal Shemer

People Analytics in SMBs: Small Data, Huge Impact. Furthermore, a small or medium business may lack the appropriate volume of data, the resources for shiny Analytics tools, and the right talent to lead initiatives and projects. Analytics tools. Analytics in SMBs.

People Analytics at Bosch

Analytics in HR

At UNLEASH Amsterdam, I had the pleasure of interviewing Rainer Schlienkamp and Jasmin Wölke from the People Analytics team at Bosch. We’re sitting here at UNLEASH and I’m here with Rainier and Jasmine from the people analytics team at Bosch. HR Analytics

Humans of HR: Company Trends in Benchmarking and Analytics

ADP

In this second installment of "Humans of HR", HR Manager Melanie Weigert shares her experience with adapting company trends in data and analytics

Why Benchmarking Sucks

SAP Innovation

Benchmarking has its roots in the Total Quality Management philosophy. The benchmarking process is simple: Determine who is best in class at something and copy them. Benchmarking is usually aimed at a business process or operations.

How Workday is Doubling Down on Data and Analytics

Workday

We’re extending this visibility with two new products, Workday Benchmarking and Workday Prism Analytics. In other words, the metrics you have about your business may be robust and informative, but without deeper analytical insights—achieved with greater context and direct comparison with similar companies—the “why” remains more elusive. Workday Benchmarking, our first Data-as-a-Service (DaaS) offering, is now generally available.

Will HR Lose the Battle Over Analytics?

Bersin with Deloitte

Most HR organizations have been slow to adopt analytics – too slow, in fact, in the minds of many impatient business leaders. are using advanced or predictive analytics to make talent decisions. These companies have created strong analytics teams with […]. HR Benchmarking People AnalyticsOur research conducted last year showed that just 14% of HR organizations in the U.S

Advanced Analytics for Agile Organization Design: 5 Principles

Analytics in HR

Analytics are central to understanding the organization and designing its future. In this article, I propose a number of solutions, including: New data models, better analytics, non-defined space and feedback loops are needed for organizations to get organization design right.

A Look Ahead at HR 2016 / 2017: Becoming Digital

Bersin with Deloitte

Engagement HR & Talent Analytics HR Org. Governance HR Strategy & Benchmarking Human Resources Rewards & Recognition Services & Programs Communities of Expertise Data-driven HR Design Thinking Digital HR High-Impact HR High-Impact Human Resources HR HR Culture HR Digital HR Networks Networks of Expertise People Analytics SMAC Talent Analytics the Culture of HR Workforce managementHR is in a defining moment.

15 HR Analytics Case Studies with Business Impact

Analytics in HR

It is time that HR analytics starts to show the value it delivers to the business. This is hard to do as people analytics is still an emerging field. For this article, I have collected 15 of the best HR analytics case studies I’ve come across in the past two years. HR Analytics

Demand for HR Analytics Roles Strong, but Slowing

Bersin with Deloitte

Talent analytics presents the second largest capability gap for organizations, trailing only the need to build better leadership. Three in four companies (75 percent) in a recent Deloitte study believe that using analytics in HR is “important,” but just 8 percent believe their organization is “strong” in this area. HR Benchmarking People Analytics Talent Acquisition Strategy Talent Strategy

Snag the Best Candidates by Tapping Talent Analytics

ADP

Talent analytics has entered the scene and is diversifying and enhancing HR leaders' ability to benchmark

Benchmark Myopia and the Need for Business Drivers

SMD

It is a typical practice in many industries to be curious about, and focus on, benchmarks to get an idea of “where you stand” on a particular metric. To be clear, benchmarks are a good piece of information to know when examining your performance—but when leaders, particularly in HR, live and die (i.e., When you stop and think about it, a benchmark is just a pursuit to achieve somewhat better-than-average against a number that may not even reflect a true reality. Benchmarkin

Top 5 Trending HR analytics Articles of October 2018

Analytics in HR

Here at Analytics in HR, we’re definitely noticing the weather changes. Enjoy the following top articles in the HR Analytics space of October 2018! #5: 5: 3 common mistakes that can derail your team’s predictive analytics efforts. Next, you need to hire for analytical capability.

HR Analytics: Automation, Unification & Executive Oversight

DATIS

We have written plenty about the emergence of an increased reliance on technology for HR analytics. With so much raw data available, HR analytics are now the vanguard of the HRIS industry. Though many applicant tracking systems do offer analytics, the emphasis on data analytics and results just hasn’t made it into the mainstream. Removing information silos is key to unifying the benchmarks of each department to achieve the goals of the organization at large.

The Rise of Talent Intelligence: People Analytics Accelerates

Analytics in HR

People Analytics is a big deal. In our last study ( Deloitte Human Capital Trends 2018 ) we found that 71% of companies believe people analytics is an urgent priority, and this year, as the job market gets even tougher, CEOs are asking for more data than ever.

How Workforce Analytics Can Take You Beyond The Clock

nettime solutions

Workforce analytics help businesses define, predict, and enhance their performance. When applied to the HR world, workforce analytics help HR staff analyze data relating to productivity levels, performance, if training is effective, and can even predict turnover.

3 Key Questions to Consider Before Beginning Your People Analytics Journey

Cognisess

Cognisess’ Chief Scientific Officer, Dr Boris Altemeyer answers three key questions addressing what companies who are thinking about embracing People Analytics need to consider. Why should companies put their faith in People Analytics? Blog HR analytics IHG people analytics

Namely Releases New People Analytics Offering

Namely

The Namely team is thrilled to announce our new Benchmarking Package, empowering you to gain deeper insight into employee turnover, internal mobility, diversity, and more—all presented alongside data from companies just like yours.

Getting to the Analytics Crystal Ball: SAP to Acquire KXEN

Bersin with Deloitte

Enter “predictive analytics.” ” Predictive analytics applies statistical algorithms to prescribe or recommend actions based on patterns in data that […]. HR Benchmarking HR Service Delivery ProvidersAnalyzing score of data for its own sake is not so interesting – but what if you could predict future trends and behaviors with the data you have today? The business implications are huge. But how?

Identify Your HR Needs To Determine The Appropriate Analytics Solution

Analytics in HR

Last year, analyst Josh Bersin noted in a Forbes article that his studies have shown 69% of companies are embarking on a people analytics strategy. However, many human resource (HR) leaders constantly intermingle people analytics with workforce analytics and talent analytics. And although the applications can provide some primitive analytics for each cycle, most of what is provided does not go across all the various cycles to capture a complete and holistic view.