INTERVIEW: Dr. Jac Fitz-enz on Human Capital Metrics

HR Bartender

In 1977, you founded the Saratoga Institute (SI), which is well-known for its work in human capital metrics. Lots of talk today about predictive analytics. In fact, you co-authored a book titled “ Predictive Analytics for Human Resources ” with John Mattox.

HR Metrics to Follow / Implement in 2019

CakeHR

Our goal is to make your job simpler by presenting HR metrics to follow in 2019. To cut the long story short, you have to follow key HR metrics because: Only 20% of employees strongly agree that their performance is managed in a way that motivates them to do outstanding work.

Employee Retention: Tomorrow’s Recruiting Metric

Lighthouse

Today I want to talk about first year retention, a measure that I believe is going to continue to grow as a recruiting metric, even though many companies wouldn’t consider it even remotely linked to recruiting as of today. The future of recruiting metrics.

HR metrics and Analytics: How both can add value

Analytics in HR

There’s a lot of confusion about the difference between HR metrics and analytics. Definitions of HR metrics and Analytics. HR metrics are measurements used to determine the effectiveness and efficiency of HR policies. Metrics help compare different data points.

13 Signs of Inefficient Recruiting

Leadership loves metrics. by high activity and readily measurable outcomes, metrics often run rampant. 13 SIGNS THAT YOU NEED A NEW APPLICANT TRACKING SYSTEM newtonsoftware.com 11 07 Newton’s Remedy With Newton’s robust reporting and analytics suite, there’s a better way.

Three Ways Metrics Can Help Avoid Common Compliance Mistakes

Cornerstone On Demand

Too many firms treat compliance as a box-checking exercise, making employees sit through training to attest that they understand the rules, but failing to assess the effectiveness of their compliance programs, or doing so with faulty metrics," the HBR report states.

What is HR Analytics?

Analytics in HR

The question “what is HR analytics?” is asked by a lot of HR professionals who want to get started with people analytics. In this post, we will explain what HR analytics is and how it will shape businesses in the future. HR analytics holds a promise to change all of this.

Reports vs Analytics: Technology Deep Dive

Visier

In an earlier blog post called Reports vs Analytics: What’s the Difference? , I showed how “reports provide data; analytics provide insight.” This will allow you to understand how analytics are produced and why transactional solutions can only support reports.

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Steal this People Analytics Leader Job Description!

Visier

You need the right People Analytics Leader in order to build an effective and strategic people analytics function. This person is the key evangelist and visionary for data-driven decision making, and ensures the use of people analytics always delivers values to the business.

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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The Complete Guide to Buying an Applicant Tracking System

Analytics and Reporting A robust analytics engine with pre-built and customizable reports that help you identify. including in your checklist as well. How well does it help you interview candidates & collaborate with your team?

21 Employee Performance Metrics

Analytics in HR

Employee performance metrics are key to tracking how well employees are performing. However, when done right, employee performance metrics benefit both the organization and the employee. We listed the most important ones below and included some practical examples of each metric. There are various kinds of employee performance metrics. Work quality metrics. Work quantity metrics. Work efficiency metrics. Organizational performance metrics.

Why HR Needs Mid-Level Analytics Projects

Visier

The most exciting stories of people analytics involve big data yielding surprising findings that deliver an enterprise-wide impact. The least exciting stories involve essential, but basic metrics such as dashboards with accurate turnover data.

How to Turn HRBPs into People Analytics Evangelists

Visier

But to do this, HRBPs must manifest superb data and analytical skills. Early last year, I embarked on a research effort to determine critical practices to succeed with people analytics. I also looked into key roles that contribute to the success of analytics.

Human Resources KPIs: An In-depth Explanation with Metrics & Examples

Analytics in HR

If you do not define what ‘good performance’ looks like and how you can measure it, how will you find out if you’re doing well? KPIs are strategic metrics. Only metrics that have a direct link with the organizational strategy can be called KPIs. HR Analytics

People, HR & Analytics

Speaker: Rodney B. Bolton SPHR, CEO, HR BIZZ

HR analytics empower organizations to use employee data to make better working decisions and improve performance in areas such as attracting top talent, accurately forecasting future staffing needs, and improving employee satisfaction.

Competency analytics

Analytics in HR

What challenges will you face for competency analytics to be both practical and worthwhile? So the second challenge for competency analytics is this: if not fun, at least how do you make it no effort for employees who are busy with many other things? A few metrics (5-10) may be enough.

People Analytics for Employees with Multiple “Jobs”

Visier

But traditionally, analytics has continued to count people. And therefore, any analysis we do on our people fail as well. The Analytics Challenges of Project-Based Management. Assignment records contain their own metrics, independent from each other.

Seven People Analytics Responsibilities of the Future CHRO

Visier

In previous weeks, I shared job descriptions for the Leader of the People Analytics function and the HR Business Partner Manager of the future. As promised here is the people analytics-focused responsibilities for the CHRO role. The CHRO’s Role in Ensuring People Analytics Success.

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How Metrics Drive Strategic Growth & Profit

HR C-Suite

Let’s start with a critical question: How well do your company’s metrics (or KPIs – key performance indicators) help employees stay focused on delivering your company’s unique customer value? The strategy map below shows the relationships between strategy (Product Leaders / Efficient Operations / Customer Intimate), Focus areas for Metrics (Financial / Customer / Processes / People, […].

Recruiting Science - The Truth Behind Analytics and AI for Talent Attraction

Speaker: Andrew Gadomski, Managing Director, Aspen Analytics

In this webinar, Data and Analytics Expert Andrew Gadomski will share the truth about Artificial Intelligence Today, where we can expect it to be tomorrow and and how it impacts talent attraction, recruiting, and employee retention.

Increased Use of Metrics, Incentives among 2017 Wellness Program Trends

HR Daily Advisor

An increased use of metrics, incentive and wearables are three trends in wellness programs according to a survey conducted among 8,000 of America’s Healthiest Employers, a leading independent recognition program for U.S.

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.

Developing a Talent Analytics Function: Build, Buy, or Borrow

Lighthouse

I’m currently in the midst of a research project examining how some of the best and brightest companies in the world hire people analytics talent. Building a people analytics team for the first time isn’t like hiring a new administrative assistant or a new accountant.

Futureproof Your Organization with These 8 Manager Effectiveness Metrics

Visier

Whether your organization is ready to adapt these new roles or wishes to coach current managers to be more effective, this updated article provides the key metrics you need to measure their success by. . Here are two distinct sets of metrics for each type of manager.

The Secret To Selecting and Measuring Key Employee Performance Metrics

EmployeeConnect

Measuring critical employee performance metrics offers organisations key benefits for attracting and retaining top talent while meeting operational imperatives. The primary benefits of employee performance metrics are tied to fostering better employee engagement, which enhances productivity, innovation, creativity, employee loyalty and longevity. That’s why today’s software applications for measuring key performance metrics are so valuable. Analytics Performance

What the Union of ONA and People Analytics Means

Visier

They take these data points and transforms them into meaningful visualizations of the networks that form between people, as well as scores summarizing an individual’s influence on that network. Now that this individual is gone, you may find your top employees are at risk of leaving as well.

4 Ways to Build Agile Teams Using People Analytics

Visier

Here are four ways that people analytics helps HR leaders go beyond traditional methods so they can rapidly deploy high-performing teams: #1. In particular, analytics-driven workforce planning can enable you to understand and manage employee movement –how people move within teams.

Employee Training Metrics: 7 Ways HR Experts Use Them

Kitaboo - Employee Training

But there has to be other means for tracking employee training metrics. Metrics are a standard of measurement which is used to assess the performance of your employees based on what they have learned and their ability to apply it skillfully.

Predictive Analytics in HR: The Game Changer

CakeHR

Predictive analytics in HR is one of the most recent key trends to follow in 2018 and there’s good reason for it – businesses need it, especially if they want to keep up with their competition! For those of you that are still asking the question ‘What is HR Analytics?’ HR analytics.

What Metrics Predict Candidate Success?

Eightfold

What Are Recruiting Metrics and Why Track Them? Tracking metrics that are relevant to your company’s hiring goals can help companies better understand and improve their hiring processes, says Erik van Vulpen , founder of the Analytics in HR blog.

How to Measure the Value of People Analytics

Reflektive

According to Google Trends, the search term “people analytics” was almost nonexistent until about 2008. It means that people analytics has become part of the conversation for many businesses. Based on Deloitte research, “77% of all organizations believe people analytics is important.” More than half (52%) of organizations that use people analytics rate themselves as excellent at conducting multi-year workforce planning, while an additional 38% rate themselves as adequate.

Wellness: The Next Generation

HRO Today

Investing in a holistic well-being benefits strategy is a win-win for employees and employers alike. Wellness has become a popular catchphrase. Employers are now truly seeing how well-being is contributing to organizational effectiveness and the bottom line, if only indirectly.

Analytics Must Be HR’s Top Priority To Be Strategic

Visier

Unfortunately, HR leaders are frequently so busy that most haven’t found the time to realize that “The War For The Future of HR” is already over, and “data analytics” has won! And that approach served HR executives well.

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.

Deloitte Research: How Successful Organizations Use People Analytics to Drive Decision-Making

Visier

Whether you are examining your sales pipeline, the success of a marketing campaign, or employee retention, data and analytics are essential for business decision-making. Despite this, many companies still overlook people analytics when it comes to solving complex business problems.

How To Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. The Era of Workforce Analytics. HR analytics’ or ‘talent analytics’).

Analytics Leaders: What You Can Learn from the BI Community’s Mistakes

Visier

This poses a dilemma for analytics leaders because, while it is difficult for both drives to coexist, both are what’s needed to make analytics successful. This is true for all types of analytics, and people analytics in particular. The Analytical Storage Cycle–Scale First.

Here’s How Analytics & Funnel Metrics Drive Serious Conversion at Booking.com

HIRED

Well, let’s not belabor the point, there are certainly some commonalities, but typically when someone says recruiting is like marketing, they aren’t talking about something as technical as localization of career page copy or getting knee deep in Google Analytics.

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. Demonstrating the business value that HR provides by putting metrics in place. Numbers behind HR – benchmarking & analytics.