Why Benchmarking is King

Allegis Global Solutions

Data analytics. I want to tell you about a secret weapon that will boost your talent acquisition process. It’s a weapon so elusive that only a few companies are unleashing it to ramp up their talent acquisition strategy and win over the best candidates.

How to Prepare for the Next Wave of HR Benchmarking

Visier

HR benchmarking first hit the scene in 1980 , giving organizations a way to assess relative performance for important measures such as turnover. In this first wave of benchmarking, HR had to leverage surveys and other data that was often self-reported, and therefore subject to bias.

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Retaining Managers: New Data Reveals the Impact of People Analytics

Visier

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. Clearly, there is an opportunity to succeed with people analytics: One U.S.

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:

What is HR Data Analytics & How Do We Leverage It?

Ultimate Software

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.

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

Intent Data Industry News: Buyer Intent Data Tools Insight, ABM Benchmarks, 2020 B2B Marketing Predictions, and More

Aberdeen HCM Essentials

What happened in the intent data industry, ABM, and data-driven marketing for the month of October? Buyer Intent Data Tools Market Insights. In October, Acquire Market Research released its 2019 market report on Global Buyer Intent Data Tools.

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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.

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.

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.

Intent Industry News: ABM Benchmarks, Data Strategy, B2B as B2C, and More

Aberdeen HCM Essentials

This week, we’re looking at headlines related to intent data and data-driven marketing from the month of September. Live Webinar: ABM Benchmarks for 2020. In an upcoming webinar on October 16 , Demand Gen Report will share its findings from the latest ABM Benchmark Survey.

Recruitment Operations Statistics and Trends: A 2020 Benchmark Report

Yello

It’s no surprise that measuring recruitment operations success comes down to data. When it comes to recruitment operations benchmarks, understanding what’s going on outside your organization may be key to assessing whether you’re on point or behind the curve.

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 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.

11 HR Analytics Courses Online

Analytics in HR

This article lists the eleven best HR analytics courses in the world today. Getting started with HR analytics – also called People Analytics – is a big step for a lot of people and organizations. An HR analytics course that answers these questions can be invaluable.

Can People Analytics Improve Female Leadership Representation?

Visier

The question is: can people analytics actually help organizations better retain and promote female leaders? People Analytics and the Female Leadership Ratio. To answer this question, we compiled a report aggregating anonymized Visier customer data.

The Future of Business: People Analytics for Everyone

Visier

Over the past decade it has become clear that organizations don’t just need people analytics, but effective people analytics. According DDI’s 2018 Global Leadership Forecast , people analytics efforts were more likely to fail than not. People analytics: Buyer beware.

The Basics of Big Data, HR Analytics & Predictive Analytics

SMD HR

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.,

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.

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.

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.

Why Being Data-Driven Isn’t Enough

Visier

Over the last two decades, we’ve seen almost all corporate functions infuse analytics into their businesses. Even the most qualitative departments, such as Marketing, moved from “art” to “science” through the use of data. . The data hurdles HR faces. Worry less about data.

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People Analytics in SMBs: Small Data, Huge Impact

Littal Shemer

People Analytics in SMBs: Small Data, Huge Impact. Taking the first steps on the journey to data-driven HR is always difficult. The barriers may include a variety of issues, including data integrity , knowledge gaps , and an excessive amount of HR-Tech solutions.

Top 10 People Analytics Difference Makers to Look For

Visier

It’s the place to be for the latest and greatest in HR technology trends–especially analytics. . With the growth in volume and complexity of data , having agile visibility into and use of your people data is more critical than ever. Travelling to HR Tech next week ?

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.

Find Merck KGaA Found the Ideal Span of Control Using People Analytics

Visier

People analytics is critical for business because, at the end of the day, insights into our data enable us to drive better outcomes for my organization, Merck KGaA, Darmstadt, Germany. However, our people analytics showed us that there is, in fact, no magic number.

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.

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.

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?

#WorkTrends: Acing the Metrics: Reading the Data on Engagement

TalentCulture

The January 31, 2020, #WorkTrends podcast quickly went from whether or not we should measure engagement to the best strategies and benchmarks for understanding your workforce like never before.

The Analytics of Human Resources

HSD Metrics

Analytics have always had a place in operations such as marketing and sales, but its use in human resources is not as common. How can you use data to understand people? Here are some of the key components: Demographic data.

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.

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

What to do when the data says you’re wrong

HR Examiner

“As we continue into the era of data analytics, big data, AI, and personal tracking devices every HR professional should be prepared to face data that contradicts their beliefs sooner or later. Make sure your data is clean. Gather more data.

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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.