Reports vs Analytics: What’s the Difference?

Visier

In today’s competitive business landscape, organizations are increasingly turning to analytics to give them the answers they need to make decisions with greater confidence. So, what are analytics and how are they different from reports? Reports provide data; analytics provide insight”.

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

Ultimate Software

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. HR Data Analytics Definition. Last year’s annual employee turnover.

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Workforce Analytics is Reinventing HR

Analytics Training

Introduction to Workforce Analytics Today, the need to understand what attracts skillful individuals to join an organization, stay motivated, and deliver outstanding results has become more important than ever.

How to Make the Most of HR Analytics?

Analytics Training

It’s time that organizations realize great skillsets like HR Analytics, are the key to bigger businesses. But the bigger question is: Is the HR department really working towards improving the business metrics with data-driven decisions? The post How to Make the Most of HR Analytics?

How Modifying HR Analytics Can Improve Remote Operations

LaborSoft

Workaround: How Modifying HR Analytics Can Improve Remote Operations. Even more important, however, is the long-term implications of a robust HR analytics program. To first address the short-term importance of HR analytics , we need to understand workforce planning. HR Analytic

The Importance of Analytical Thinking Ability in HR

Something Different

Said competencies (along with the nature of HRG/employee relations roles) tend to position talented HR pros well to facilitate cross-functional dialogues between leaders and individual contributors alike.

Workplace Fairness Insights Revealed by Your Reports

HRIS Payroll Software

Many employees beg to differ, however, believing that there are favoritism, wage gaps, and other symptoms of unfairness abundant in their workplace. Reports and metrics can help you to litmus test the fairness in your workplace, revealing inequities that you may not have spotted and unearthing dissatisfaction that could be eroding your productivity levels and prosperity. Pulling up salary metrics and examining them for fairness can help you to spot wage gaps.

How to Get Started with People Analytics

Namely

People analytics continues to be one of the hottest topics in the world of HR. When it comes to driving business insight, employees may be your most valuable source of information—matched only by customer data. That’s why companies everywhere are focused on getting a better understanding of their people data and how it relates to day-to-day operations and long-term strategy. We’re using technology to manage every step of the employee lifecycle.

Secure the Right HR Business Partner Manager for the Future

Visier

Last week, I shared the job description for the People Analytics Leader (you can download the job description template for your use here). One who, in addition to having responsibilities for the HR aspects of their job, is successful at enabling people analytics within their organizations.

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Effective Use of People Analytics Strongly Improves Talent and Business Outcomes

HR Daily Advisor

New research by Deloitte Consulting LLP’s Bersin shows that people analytics, the use of employee data to help optimize business and management decisions, is strongly related to improved talent outcomes and an organization’s profitability.

People Analytics and Driving Growth: Part III : Performance and Organizational Network Analysis

MapHR

HR Exchange Network editor Mason Stevenson continues his series on people analytics and driving growth. People Analytics Are Growing Performance Data and the analysis around it can be used for more than finding problems and preventing them. Some 73,000 employees respond.

8 Ways to Promote Employee Value Proposition to Your Organization

Career Metis

Employees are an integral part of any organization- small or large. Therefore, it’s imperative to promote employee value proposition to an organization. And the only way to ensure these three elements to a great extent is when you promote employee value proposition to an organization.

Opinion: Why ‘bad’ data can be good news for your organisation

cipHR

When HR professionals talk about data analytics , generally they focus on the good stuff. But every employer is at a different point in their data journey; some we work with have very little or even no people data to draw on at all, while others use a balanced scorecard to identify their financial, internal, customer, learning and growth metrics. For example, in our field of dispute resolution, a commonly cited financial metric is staff turnover.

How Johnson & Johnson unlocks the power of people with data

Qualtrics HR

As the global head of workforce analytics at Johnson & Johnson, Piyush Mathur is passionate about improving business outcomes through better people decisions for J&J’s 140,000 employees worldwide. Why any organization is ready for people analytics. See Employee XM Track.

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Why your HR data doesn’t have to be 100% accurate

Analytics in HR

As HR professionals and executives are trying to move the workforce analytics agenda forward, we are still facing challenges. Although the urgency for data-driven decision making in HR is increasing, the maturity of workforce analytics is still quite low in most organizations.

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Do You Know the Difference Between Analyzing and Reporting?

Analytics in HR

What are analytics and how are they different from reports? Simply summed up: “Reports provide data; analytics provide insight,” which is true, but not really helpful if you don’t know how, or why, this happens to be the case. Reports provide data; analytics provide insight”.

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. Analytics Big Data Data Editorial Advisory Board HR Technology HRExaminer Stacey Harris

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ICYMI: HR Developments Through the Decades

SMD HR

Executives want to believe in the value of their employees, but often struggle to understand how the HR function drives value through the organization’s people. Analytics Employee Surveys

5 HR Analyst Job Descriptions – A Brief Analysis

Analytics in HR

Most job focus on administrative tasks and basic reporting, very much in line with what van de Heuvel and Bondarouk noticed in 2016: HR analytics is focusing on very basic tasks. Your responsibilities will include: Develop standard and ad hoc reports, templates, dashboards, scorecards, and metrics. Prepare all letters or contracts for any changes to employee terms and conditions e.g. flexible working. Pepsico: HR Analytics / Data Scientist Junior Analyst. HR Analytic

7 HRM Books that Every HR Professional Should Read

Digital HR Tech

These are defined in five parts: recruitment, placement & talent management, training & development, compensation, and employee relations. Predictive HR Analytics: Mastering the HR Metric. The book explores metrics and analytics in much more detail.

#MeToo and the Workplace: HR and Sexual Harassment Policy

LaborSoft

In the wake of the #MeToo movement, HR and employee relations managers were sent scrambling. A major directive that became clear for HR was that extensive employee training is a key area that has to be beefed up. #MeToo and the Workplace.

What Will HR Look Like in 2021?

Namely

The results suggest that HR is more metrics-driven than ever, and increasingly willing to embrace technology to deliver measurable insights on HR initiatives and strategies. Data Matters More Than Ever The future continues to look bright for HR analytics. Data and analytics” was voted the top trend to keep an eye on in 2018, beating out “AI and automation,” “design thinking,” and “Blockchain.” What does the future hold for HR?

How HR Can Impact Business Outcomes 100% of the Time

HR Daily Advisor

Instead, human resource (HR) departments need to focus on employee experiences. Shifting the focus from typical HR outcomes of interest such as employee engagement or job satisfaction, to business outcomes such as customer satisfaction or financial performance is the first step.

What Your Company Can Learn by Tracking Employee Turnover

LaborSoft

HR departments stand to gain a lot by tracking employee turnover. This key HR metric can help companies assess and prioritize changes or adjustments to their culture or practices in order to decrease attrition and ensure retention of employees in the future. Ultimately, employee turnover can result in the wasting of resources and training , as well as put a drain on your company’s bottom line. Tracking Employee Turnover

2020 and Beyond

HRO Today

From helping employees navigate their careers to delivering data and analytics about business performance, their contributions are numerous and multi-faceted. Employees demand to be placed at the center of talent strategy.

The Role of the HR Business Partner

EmployeeConnect

The Human Resources (HR) as a domain is unfortunately still not very clear even to CEOs, employees, and hiring managers from a perspective in terms of its role in the overall business, compliance, and from an employee perspective. What is a HR Business Partner HR Business Partner – This role is an exempt level position which is relatively less of a manager and more of a consultant. They are relatively much less focussed on administration and compliance.

Creating a Talent Management Strategy – the Full Guide

Digital HR Tech

Talent management is the full scope of HR processes to attract, onboard, develop, engage, and retain high-performing employees. Productive and engaged employees are what makes a business profitable. A talent management strategy is the plan of action to optimize employee performance.

The Importance of Creating a Gender Inclusive Workforce

LaborSoft

By many metrics, this is still an ongoing struggle - by recent studies, women still only hold around 21% of executive roles. Even without overt gender discrimination protection, LGBT+ employees are still protected from hostile workplace environments.

Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

Employee Engagement. Employee Experience. Exempt Vs Non-Exempt Employees? Employee leave of absence: Everything you need to know. Employee recognition ideas: 52 epic ways to give rewards. Employee handbook: 6 must-have policies for your manual. HR Analytics.

What is HR Reporting and Which Suites Do It Best?

TrustRadius HR

The HR department of an organization manages anything employee-related such as recruitment, hiring, retainage, payroll, benefits, leave and termination. HR Reporting is an analytical tool designed to compile data, statistics, and metrics on employees.

Everything to know about Human Resource Management

CuteHR

It is designed to maximize employee performance in the service of an employer’s strategic objectives. It is aimed at synergizing the entire spectrum of creating, managing, and cultivating the employer-employee relationship. Utilization and Maintenance of Employee Workforce.

Hire a Marketer for Your HR Department

TalentCulture

In a way, the HR department plays an integral role in shaping the company culture, from the way the employer brand is represented during the recruiting process, to the how employees perceive the company. In-house marketing can help HR improve employee morale.

The HR Business Partner is (Still) the Hottest Job in HR (i4cp login required)

i4cp

Another powerhouse discipline affecting jobs in HR is the application of sophisticated people analytics. The April 2019 HBR article Is HR the Most Analytics-Driven Function? by Tom Davenport, Distinguished Professor of Management and Information Technology at Babson College, highlights the accelerated rate of improvement in HR’s analytical maturity. b) delivering multiple appropriate interventions that help leaders provide an employee experience that attracts, ?retains

2020 and Beyond

HRO Today

From helping employees navigate their careers to delivering data and analytics about business performance, their contributions are numerous and multi-faceted. Employees demand to be placed at the center of talent strategy.

Experts Predict the Future of HR

Namely

Today, online software and tools have made paper obsolete, and the profession is more metric-driven than ever before. Debra Squyres (Namely): My first job in HR was in the employee relations department of a financial services company. When I started as an Employee Relations Specialist, women weren’t allowed to wear pants at work. We’re more invested in our employees than ever before. Employees now know what their options are.