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How Synchrony is Using Data to Increase Workplace Diversity

Great Place to Work

25 on the Fortune 100 Best Companies to Work For® List , the answers lie in the data. Perception is not necessarily reality; it really does take looking at the data,” says Michael Matthews, chief diversity, inclusion, and corporate responsibility officer. We use data to assess where we’re at and where we want to go.”.

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Why pay transparency is turning CHROs into ‘chief human financial officers’

HRExecutive

As more states pass pay transparency laws and the financial metrics of computing total rewards become increasingly challenging, CHROs soon may find a new twist on their job titles on the horizon: chief human financial officer, or CHFO. Promotion: This data will not only help inform your DEI efforts but can also shed light on equity issues.

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CHROs want to develop ‘greater HR tech depth’ 

HRExecutive

To produce its 2023 Voice of the CHRO report, Mercer asked 100 CHROs and chief people officers what they wished they’d known before starting in their positions. The most common answer was “greater depth in HR data analytics and insights.” ” Another top 10 answer was “greater HR technology depth.”

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What Is Human Resources?

Analytics in HR

For example, your HR would look into hiring people who are a good culture fit for the organization so they stay longer and be more productive. Let’s go over the 12 key HR functions : Human Resources planning – The systematic and data-driven practice of optimizing the company’s workforce.

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Performance Management in 2020: Key Tech Industry Insights

Reflektive

Based on our 2020 Performance Management Benchmark Report , we identified interesting insights on how the tech industry has compared to financial services, health care, and other sectors. Tech firms also take a different approach to performance management, and incorporate more data into their decision-making and planning.

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Performance Management in 2020: Key Finance Industry Insights

Reflektive

This summer, Reflektive launched a Performance Management Benchmark Report to identify both consistencies and changes in how companies run their performance programs. Where finance leaders have responded differently is in their emphasis on employee productivity. Finance Sector Places Higher Value on Productivity.

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How to Fail at HR Analytics in 7 Easy Steps

Data Solutions International

Fortunately, this is a problem that analytics can play a real role in solving—by providing benchmarks to show how we compare to competitors, identifying reasons for attrition and using our metrics to measure the impact of appropriate interventions. In my current role, the challenge is retention, especially with more-junior talent.