Human Capital Management (HCM) Technology 101

Paycor

What does Human Capital Management (HCM) Technology Offer? As human resource professional, where do you spend most of your time? Reporting & Data Analytics. Learning Management. Working with colleagues to solve big business problems?

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.

5 analytics trends making a big impact in the HCM world

Ceridian

The rise of mobile, cloud and other new innovations are all conspiring to give us more of one precious resource – data – that’s having a profound impact on how we can manage talent. Focus on actionable metrics.

Recruiting metrics every HR department needs to know

PeopleStrategy

When it comes to Human Resources, your goals often are a numbers game. As a hiring manager, you need to know the metrics of your company. Here are the numbers and averages you need to know as a HR manager. Contributed by Wendy Dressler, Outreach Manager for The Blog Frog.

The Means To The Ultimate End – Decision Analytics

Compensation Cafe

In an almost hour-long conversation, I reiterated some of the now familiar topics of big data, predictive analytics, applied behavioral science, data visualization and leveraging machine learning, artificial intelligence and other algorithm-driven techniques. Beyond Human Decision-Making.

Can your People Analytics do this?

Analytics in HR

Supercharging People Analytics with Graph Technology. In a previous article, I made the case for Graphs in People Analytics. I’ll also explain how graphs move organisations towards a higher level of HCM capability, towards advanced and predictive analytics.

10 Ways HR Can Create a Positive Employee Experience during a Digital Transformation

SocialChorus

Do you feel supported by your manager or supervisor? . Combine this qualitative way to measure the happiness and engagement level of your workers with quantitative communications metrics. Invest in your managers. Managers have a huge impact on the employee experience.

INSIGHTS Thursday Wrap-Up: Lessons in Leadership

Ceridian

Day two of INSIGHTS began with a keynote from Billy Beane, Executive Vice President of Baseball Operations, and minority owner of the Oakland Athletics, who highlighted the importance of making data-driven decision to build teams and manage the workforce. Missed the Day one wrap-up?

Using Analytics to Create a Bridge Between HR & Finance

Mcbassi & Company

Entitled “Balancing Effective People Management and Profitable People Management,” the webinar focuses on how CFOs and HR are partnering to drive a more profitable and strategic business. Laurie will be discussing how to use analytics to bridge the HR/Finance gap by doing the following: Focusing on measuring the “human drivers” of value creation (not just employee engagement). ” Analytics is the language of finance.

How to make effective HR decisions with HR Analytics

MiHCM

In contrary to all misinterpreted ways of sourcing and selling consumer-driven data, utilizing HR analytics to make confident workforce decisions has been a profound Human Resources best practice for ages. Let’s take a look at the powerful insights gleaned from the following metrics.

Staying compliant as a global workforce

Ceridian

Managing compliance on a global scale could prove to be the greatest challenge for HR and payroll professionals in 2016. Managing data effectively. The first step to improving data management practices is understanding which types of data are being tracked.

The Human Capital Balance Sheet

Bersin with Deloitte

Considering how much company spend and risk is tied to employees, it’s surprising that organizations seldom use the same rigor for human capital investments as they do for business investments. Navigating the Human Capital Efficient Frontier .

3 strategies in the retailer’s bull’s-eye through 2017

Ceridian

While the research placed technological approaches, such as network and IT systems security, high on the list of retailers’ major strategies, I want to focus on three specific strategies that were also in the top ten: increasing customer engagement; adding predictive analytic capabilities; and advancing mobile store/enterprise capabilities. Predictive analytics can help retailers build out a positive customer experience. By John Orr, SVP of Retail, Ceridian.

Radically Human: Redefining HCM

Waggl

As defined by Gartner , Human Capital Management (HCM) is a set of practices focused on the organizational need to provide specific competencies in three categories: workforce acquisition, workforce management and workforce optimization. HCM is evolving with the times.

Value-added trends in workforce management

HR Times

Today’s workforce management tools can do more than simply track time and attendance: they’re helping to guide management to make more informed workforce decisions and connect with employees in more meaningful ways. Tools for engagement and metrics.

Big, Bad Data: How Talent Analytics Will Make It Work In HR

SAP Innovation

This past spring, I welcomed the Industry Trends in Human Resources Technology and Service Delivery Survey , conducted by the Information Services Group (ISG), a leading technology insights, market intelligence, and advisory services company.

What’s New in Workday Analytics: A Q&A With Pete Schlampp

Workday

Fact-based decision making has become an imperative for successful organizations, and it isn’t possible without data and analytics. There’s often a scarcity of specialized data and analytics talent, and many corporate cultures lack the necessary skill sets and change management practices to be data driven. What’s changing in the world of analytics? Augmented analytics. How do Workday products support the most advanced approach, augmented analytics? .

The Human Capital Balance Sheet

HR Times

Considering how much company spend and risk is tied to employees, it’s surprising that organizations seldom use the same rigor for human capital investments as they do for business investments. Navigating the Human Capital Efficient Frontier .

It’s Time to Modernize Your Learning and Development (L&D) Ecosystem

Aberdeen HCM Essentials

Traditional Learning Management Systems Don’t Bring Enough Value. more likely than All Others to use a traditional learning management system (LMS). 46% of managers and HR professionals think that the traditional LMS contributes the most value toward developing the skills they need from the workforce. Let’s just stop and contemplate this for a moment: If the LMS is so functional, then why is the workforce metric case is so bad?

Analyzing Amazon: Was Talent the Tipping Point for HQ2?

Burning Glass Technologies

Since analyzing hiring is a key tactic in workforce development, strategic human resource planning, and corporate competitive intelligence, we thought we’d go into more detail about Amazon’s hiring here. You can conduct this kind of analysis using our Labor Insight analytics dashboard.

Get Onboard the HR Analytics Movement

Brandon Hall

On average, human capital costs come close to 60 percent of all corporate variable costs. So, managing that cost analytically makes good sense. The benefit of analytics is the ability to make predictive fact-based decisions that influence business goals. Analytics.

Rise of the HR Technology (HRtech) Pro

ConnecTeam

The upcoming year, 2017 is dubbed by many “the year human resource technology will break its glass ceiling”. Not to worry though, the industry has already traversed the hardest part of this change and given it a name – Human Resource Information Systems (HRIS). IT departments are not measured by employee recruiting, retention, and engagement metrics. So it doesn’t matter how much, or what kind of technology gets implemented into the human resource management processes.

Value-added trends in workforce management

HR Times

Today’s workforce management tools can do more than simply track time and attendance: they’re helping to guide management to make more informed workforce decisions and connect with employees in more meaningful ways. Tools for engagement and metrics.

How to master internal communications? Think of it as Your Internal Facebook

ConnecTeam

which comprised systems of record like document management, transactional applications, and of course email. Their biggest obstacles for those priorities are line management’s lack of communication skills and internal technology’s misfit with purpose. Understand your audience segments, i.e. C-suite, managers, frontline workers, volunteers, remote employees, contractors, and other stakeholders.

How to master internal communications? Think of it as Your Internal Facebook

ConnecTeam

which comprised systems of record like document management, transactional applications, and of course email. Their biggest obstacles for those priorities are line management’s lack of communication skills and internal technology’s misfit with purpose.

What it Means to Provide Value in HCM Technology

SumTotal

Several providers named in past reports have been eliminated, as they have chosen to focus on talent management, rather than developing a full HCM suite. Featured 2 HCM Human Capital Management

Looking for HR – Or Any – Job Security? Try Analytics

SuccessFactors

It’s never been more important for human capital management professionals to take a good, hard look around and ask themselves whether they are truly preparing for the future. But which humans? A key first step is understanding what’s keeping HR from embracing analytics.

Shelter Insurance Brings HR, Financials, and Analytics Together, part 2

Workday

In part one of this blog series, Mark Stinson, director of corporate accounting at Shelter Insurance, shared how the company has transformed its HR processes with Workday Workday Human Capital Management and gained new insights into its business by having both finance and HR on a single, cloud-based system. Your team has embraced Workday Prism Analytics. In addition, our goal reports looked at 12-month moving metrics versus our true year-to-date actuals.

Bypass Navigating the HCM Application Roadmap: Go Directly to Workforce Optimization and Business Value

Visier

A 40-year HR veteran, Lexy Martin was Vice President, Research and Analytics at Sierra-Cedar and lead author of the Sierra-Cedar Human Resources Systems Survey, the longest running and most acclaimed Human Resources technology survey.

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Analytics Must Triumph Over Subjectivity in Developing Talent

Brandon Hall

Organizations must take aggressive steps to dramatically reduce human subjectivity and bias embedded in talent practices. They must rely much more heavily on AI and data analytics to drive talent decisions. The talent-development process must be a mastery of both the art and science of people analytics to properly serve the needs of the business. This is a tall order that cannot be achieved unless and until sophisticated talent analytics are part of an organization’s DNA.

Go Beyond “Just Numbers” and People Analytics to Gain Buy-In for HR Programs

Acendre

As advocates for strategic excellence in HR planning and execution, federal agency Chief Human Capital Officers (CHCOs) and their teams work hard in assembling the metrics required to justify increased budget investments for recruitment, onboarding, training, engagement and succession initiatives. At the recent Human Capital Management for Government (HCMG) Conference in Alexandria, Va.,

Bypass Navigating the HCM Application Roadmap: Go Directly to Workforce Optimization and Business Value

Visier

A 40-year HR veteran, Lexy Martin was Vice President, Research and Analytics at Sierra-Cedar and lead author of the Sierra-Cedar Human Resources Systems Survey, the longest running and most acclaimed Human Resources technology survey.

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Why HR Should Go Above and Beyond the New ISO Standards

Visier

Businesses worldwide will soon be experiencing more pressure to openly share metrics related to areas such as ethics, total workforce costs, and workforce diversity. The goal is to increase transparency around an organization’s human capital contributions.

Employees Become Successful When They Know What Success Looks Like

HR Bartender

(Editor’s Note: Today’s post is brought to you by our friends at Kronos , a leading provider of workforce management and human capital management cloud solutions. It also means that managers can both articulate and evaluate those standards. Managers want that too.

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Announcing Workday People Analytics Leveraging the Strength of AI, Machine Learning, and Augmented Analytics

Workday

Starting with our built-in reporting and analytics, and then with the introduction of Workday Prism Analytics and Workday Data-as-a-Service , as the sheer volume, velocity, and variety of data grows, we’ve expanded our offerings to help our customers take full advantage of their data. Geared toward openness and bringing non-Workday data into the system , Workday Prism Analytics is the data hub for your finance and HR teams.