Raising the bar in benchmarking

Analytics in HR

Even the legendary Chinese general Sun Tzu was a sucker for benchmarking. In this article I’ll explore the origins, future, flaws, and benefits of benchmarking. . The origins of benchmarking. The term benchmarking (in its current meaning) originated in the eighties.

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:

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

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.

Dice 2018 Tech Salary Report

and employers discover salary data to align. include Cloud, Big Data and Process Management. salaries based on more than 600,000 data points. benchmarks for tech pay across the U.S., For instance, what is a competitive salary for a Data. Big Data $ 115,884 3.0%

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. Few departments are exempt from regularly analyzing and reporting metrics to the C-suite, and long-term tracking of this data is invaluable.

How Workday is Doubling Down on Data and Analytics

Workday

We’re living at a time when we’re awash in data, but short on ways to quickly turn that data into information we can act on with confidence. Much like the sailor in the classic Samuel Taylor Coleridge poem who laments, “Water, water, everywhere, nor any drop to drink,” the problem isn’t the quantity of data. We’re extending this visibility with two new products, Workday Benchmarking and Workday Prism Analytics.

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.

How technology can democratize people analytics

Bersin with Deloitte

”” Organizations have an abundance of people data, and many understand they need to use that information for improved performance and productivity. Our research shows that the typical people analytics team is small, with less than five members.

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. For others, it is the place where data science takes root in the HR department.

Compensation 101: A Beginner's Guide to Compensation Management

A common misstep with market data is to think of it as only right or wrong. Market data should be. opportunity to examine market data and consider how it is applicable to your organization, and when you. Types of Data Sources The types of sources are varied and vast.

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.

The Basics of Big Data, HR Analytics & Predictive Analytics

SMD

There are lots of words and concepts floating around the HR world these days that are new or different from the traditional approach – ones like “big data,” “HR analytics,” and “predictive analytics.” Big Data. HR Application : HR has tons of data in various systems (e.g.,

The 4 Elements of Analytics Storytelling

Visier

Thanks to the digital revolution, it’s now easier for HR departments to make workforce decisions based on concrete data. By using a number of tools—or one comprehensive people strategy platform —HR data crunchers can extract meaning and insight from multiple data sources.

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.

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.

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. For others, it is the place where data science takes root in the HR department. Ranging from templated reports and dashboards to automated data-cleaning services, they are the advance guard in HR’s move toward data and quantification.

The 4 Elements of Analytics Storytelling

Visier

Thanks to the digital revolution, it’s now easier for HR departments to make workforce decisions based on concrete data. By using a number of tools—or one comprehensive workforce solution —HR data crunchers can extract meaning and insight from multiple data sources.

How to Use Engagement and Performance Data in Talent Acquisition

Visier

When it comes to finding and retaining the right talent for your organization, there are many inputs and sources of data that can help inform the recruitment and retention process. We asked ourselves: How can you use engagement and performance data in the talent acquisition process?

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.

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

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. In the interview, we spoke about how to establish a data-driven mindset, skill management, and various other initiatives at Bosch. HR Analytics

Inspire Data-Driven Change: Key Takeaways from Outsmart 2019

Visier

From the very beginning of Outsmart 2019 –our annual people analytics and workforce planning conference–the data-driven leaders were told to: “Inspire change, together.”. Think of analytics in the context of news and media: Content, Context, and Cadence.

Data 220

Making Use of HR Data

HR Ringleader

The 2018 Gallagher Benefits Strategy & Benchmarking Survey. As HR and business professionals, you know that one of the best tools to have is data. And when it comes time to make a decision, having the right, current data is of key importance. How to use data?

Data 130

Data Journalism for HR: The Beginner’s Guide

Visier

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.

Data 256

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

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.

10 Reasons To Shift To A Data-Driven High Business Impact HR Model

Visier

In order to move from this “list of challenges” to the “corporate asset list,” I have found that HR and its key functions like recruiting, retention and learning must move to dramatically increase their measurable business impacts by adopting analytics and data-driven decision-making.

Data 238

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.

SVB Data Analytics Director: HR needs to know how to turn data into a solution

MapHR

HR continues to be more data-focused than ever before and it’s even using it to drive decision making. In fact, 84% of executives consider people analytics to be a high priority for their organizations. How do you choose the appropriate data to achieve the goal?

Data 52

Make informed decisions with analytics in Spoke

Spoke

Early-access customers are already making data-driven decisions based on this new data. “We We show you team-level performance to give you the ability to capture cross-team insights for benchmarking and collaboration.

Product Update: Pay Equity Benchmarking and New Analytics Dashboards

Namely

That’s why people decisions matter and why you need data to make the right call. HR MainPost HR Data Product UpdatesEmployees are the heart of your company—they help shape your culture, drive innovation, and contribute to the business’ overall success.

Advanced Analytics for Agile Organization Design: 5 Principles

Analytics in HR

Analytics are central to understanding the organization and designing its future. But organizations often end up with the wrong data and ineffective analysis in preparation for organization design. Historically, personality data has been slow to collect and unreliable to use.

From HR Data to Business Insights: People Analytics in Tel Aviv

Littal Shemer

From HR Data to Business Insights: People Analytics in Tel Aviv. This summer, we definitely witness the change in HR leaders’ mindset, here in Tel Aviv, in regards to HR data and business insights. – Combing new data sources, technologies, and good old practices.

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