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.

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 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

The 4 Elements of Analytics Storytelling

Visier

It’s an approach that allows HR practitioners to get the job done, but makes it more challenging to align HR strategy with business value. By using a number of tools—or one comprehensive people strategy platform —HR data crunchers can extract meaning and insight from multiple data sources.

Compensation 101: A Beginner's Guide to Compensation Management

are focusing more than ever on strategies to retain and hire top employees, compensation being a big one. regard to compensation Define Your Strategy Define your talent market(s) Determine level of competitiveness What do you want to reward? Often analytics are.

The 4 Elements of Analytics Storytelling

Visier

It’s an approach that allows HR practitioners to get the job done, but makes it more challenging to align HR strategy with business value. Here’s how to use those four elements to help tell your analytics story. Workforce Intelligence 101 workforce 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.

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.

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. Reconfiguring HR process & technology to contribute to strategy, adapting traditional HR practice to deliver business through their processes.

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

The 5 Steps of Analytics-Driven Workforce Planning

Analytics in HR

Unfortunately, many companies still base their talent plans on unreliable sources and methods such as using country retirement age instead of actual retirement age data, outdated benchmarks, and financial headcount budgets with no historical trends or link to business strategy, and sadly, gut feel.

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: Analytics 2.0:

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.

5 Ways To Benchmark Your Digital Learning Strategy

SuccessFactors

Based on the company’s experiences, here are five ways to structure a digital learning strategy: Assess your digital skills gap. SAP has identified five primary areas essential for digital transformation: analytics, applications, business, technology, and architecture.

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. 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.

Open the Future of HR – Take the High-Impact HR Survey Now!

Bersin with Deloitte

Analytics Tech HR Operations Tech HR Org. & Governance HR Strategy & Benchmarking Human Resources Tech Strategy & Execution Design Thinking Digital HR employee experience High-Impact HR HR HR Capabilities HR Culture HR Leadership HR Networks HR Strategy HR StructureWe are very excited about our High-Impact HR survey, open now through February 24.

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.” Connection to Analytics: Underlying all the big data talk is the concept of analytics.

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.

Making Sense of BigData in HR (aka Talent Analytics)

Bersin with Deloitte

I'm going to start a series of blogs on the topic of BigData in HR (aka Talent Analytics). The post Making Sense of BigData in HR (aka Talent Analytics) appeared first on Bersin by Deloitte. HR Benchmarking HR Service Delivery Providers Learning Evaluation Strategic Workforce Planning Talent StrategyIn this installment I want to help you make some sense about what is going on.

Why People Leave Their Jobs (and How Their Reasons Should Shape Your Organization’s Talent Strategy)

Something Different

…In some ways this is a healthy line of thinking – focusing on the next milestone and benchmarking your performance is a good way to stay focused on your career and developing yourself. People Analytics Talent Management hr human resources

The Role Of HR Analytics In Workforce Planning

Get Hppy

Workforce planning and HR analytics have become a key focus point for HR professionals around the world, as they confront new challenges in finding and retaining the right employees. Workforce planning tools and strategies. Leveraging HR Analytics.

Be careful! These books can change your career: People Analytics and HR-Tech reading list

Littal Shemer

These books can change your career: People Analytics and HR-Tech reading list. This list of People Analytics books is not exceptional. So here is my People Analytics reading list on Kindle, ordered chronologically, from newest to oldest. People Analytics & Text Mining with R.

The Digital World of Work: How it Has Changed HR (in India)

Bersin with Deloitte

HR & Talent Analytics HR Strategy & Benchmarking Talent Acquisition TechI just finished an amazing week in India, including a speech at the PeopleMatters HR Technology conference in Delhi. As many of you may know, India is now the second largest internet market and the HR community in this country is terrific. I have never met so many passionate, intelligent, focused HR professionals in one […].

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. Gaining A Full View With People Analytics. People analytics can also fold financial data into projections. Analytics News & Blogs

How to Grow Your HR Analytics Budget

Mcbassi & Company

If you’re like many HR professionals, you share two characteristics: You know you should be making more progress on HR analytics. And yet, some organizations – admittedly a minority – report that they have sufficient HR analytics budgets. So we set out to determine what distinguishes those HR functions that report having an ample budget for analytics. To answer this question we analyzed McBassi’s HR analytics maturity benchmarking database. (If

Tucana People Analytics World 2017

Strategic HCM

I’m late in providing my summary of Tucana’s People Analytics World 2017 and have struggled to find a topic that others have not already written about. However I think one useful perspective may be the level of variety within analytics at the moment. Workforce analytics

Is Your Channel Enablement Strategy Strong Enough?

WorkStride

But do you have a formal strategy in place for keeping your team motivated for long-term success? The best enablement strategies empower your partners with knowledge about your brand, a clear understanding of your business goals and a strong sense of support so they know you’re behind them every step of the way. “At What should you include in your overall channel enablement strategy? This overview should include both short- and long-term sales forecasts and benchmarks.

#SEanalytics HR Analytics - part 2

Strategic HCM

In part 1 of this post I described the typical data and technology oriented approach to HR analytics and then ran out of space sharing my personality analysis from IBM Watson. You can do analytics this way, but lots of organisations don’t have the data or technology.

Key takeaways from People Analytics World, London 2018 – Part 1

Littal Shemer

Key takeaways from People Analytics World, London 2018 – Part 1. People Analytics World is a leading European annual conference on HR Analytics, Workforce Planning and Employee Insight, in which I was privileged to attend on April 2018. People Analytics

Talent Analytics: Lessons Learned from Fantasy Football

Oracle HCM - Modern HR in the Cloud

CEOs are looking to HR leaders to move beyond day-to-day operations to become strategic partners in creating the right talent strategy to support overall business success. It’s time to take on the fantasy football analytics mindset. Written by: April Mazon.

3 Ways to Improve How You Measure Employee Engagement

Achievers

It is vital that you accurately measure employee engagement in order to gather insight on your workforce and learn how to improve your engagement strategy moving forward. Continuous Analytics. Start with how often you look at analytics.

Get Onboard the HR Analytics Movement

Brandon Hall

So, managing that cost analytically makes good sense. In fact, 41% of organizations told Brandon Hall Group that the second biggest driver of human capital management (HCM) technology acquisition was to enable better reporting and analytics of HR data. Metrics versus Analytics.

Amazon Coming to Town? Mitigate Talent Shortfalls with People Analytics

HR Daily Advisor

A data-driven process is one smart strategy that business leaders can take to mitigate the risks—and find the opportunities—associated with Amazon’s big move. By using data and analytics, companies can create a tailored and realistic action plan aimed at retaining their employees.

Workforce data integration helps employers uncover valuable insights

Health efx

At Health e(fx), our technology integrates benefits, payroll and HRIS data and transforms these files into unparalleled insights to help employers save money, reduce ACA compliance risks and optimize their workforce strategies. Read our 2018 Insights Report to gain unique insights into benefits, workforce and compliance trends and benchmarks. Workforce Insights: New insights for supporting employee retention and compensation strategies.

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