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Retaining Managers: New Data Reveals the Impact of People Analytics

Visier

Not only are the direct costs of hiring replacements expensive, but there are costs associated with lost productivity while new managers are coming up to speed, as well as the lost revenue while a position is vacant. Reducing Manager Turnover: Does People Analytics Drive Results?

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

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.

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.

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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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.

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. At Workday, we’ve designed all of our products to give customers more visibility—into their workforces, financials, recruiting pipeline, and more.

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 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.

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 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.,

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.

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.

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.

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.

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.

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. With a series of product updates this month, we’re following through on that promise. HR MainPost HR Data Product Updates

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.

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.

Keeping it Simple: Driving HR analytics Value in 1 week

Analytics in HR

I attended an HR analytics conference in 2014, and was very impressed by the HR analytics work done in excel by Elouise Leonard-Cross, then of Home Group, in the North-East of England. Driving HR analytics value in 1 week. Wednesday: The existing analytics landscape.

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.

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Benchmark Myopia and the Need for Business Drivers

SMD HR

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

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. Workplace Support Announcements Product Design IT HR

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

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. Customers demand new products, service offerings and activities. HR Analytics

Products & Services

HRExecutive

PandoLogic has released a predictive-analytics portal for job advertising, which is available with pandoIQ, the company’s programmatic job-advertising platform for enterprise recruiting. The post Products & Services appeared first on HRExecutive.com. Charting a Path for Job Boards.

Five Powerful Ways Your HR Team Can Leverage Big Data

SuccessFactors

The term “Big Data” seems mysterious to many HR organizations. Big Data describes the huge amount of data, both structured and unstructured, that people and systems are using. But only the data that affects business greatly on daily basis counts.

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Products & Services

HRExecutive

The app offers real-time attendance tracking, including scheduling, leave management, work accountability, client-project management and data collection. Employers can review and analyze productivity and show clients billable hours. Google on the Move.

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. HR Product Updates MainPost

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.

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?

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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.

Workday Unveils Data-as-a-Service Based on Customer Demand

Workday

During today’s Workday Rising Executive Keynote, Workday leaders unveiled plans to deliver Data-as-a-Service (DaaS). They explained how the time is right to deliver a service that extends the analytical power of Workday in an innovative new way—and most importantly, our customers have been asking us for this service. With DaaS, customers will have the option to contribute their Workday data, which we will anonymize and aggregate. What sort of benchmarks are Workday exploring?

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

Talent Data ” I explained how you can impress your CEO by converting your Talent Acquisition results into dollars. And it is easily compared between firms in the same industry to demonstrate that your workforce is more productive than your competitor’s.