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Human capital management: How to improve employee engagement

Business Management Daily

Human capital management (HCM) is a term that’s been rising in popularity within the technology and everyday HR spaces. Narrowing down exactly what it means can be confusing, as, at first glance, it may seem like a fancy word for human resource management. What is human capital management?

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24 metrics your C-suite expects your human resource management software to report on

cipHR

One of the benefits of human resource management software is the control and visibility it gives over your people data. Rewind 10 years or so, and many organisations still relied on pen-and-paper or Excel-based systems for managing HR. Here are 24 metrics we typically see C-suites asking for most.

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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

These are all questions that measure the effectiveness of your human resources department, and the best way to answer them is by paying attention to essential HR KPIs (key performance indicators). Yet, there’s no shortage of human resources KPIs out there, so how do you know which you should track? How is that?

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8 Questions to Ask for Effective HR Reports

EmployeeConnect

It’s quite common for HR departments to accept and use only the generic reports that their software applications deliver instead of crafting customised HR reporting based on each department’s needs. The ability to generate custom HR reports is critical because the benchmarking process varies widely among departments and company stakeholders.

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What is HR Analytics? All You Need to Know to Get Started

AIHR

In other words, HR analytics is a data-driven approach to Human Resources Management. HR analytics originates from data housed within Human Resources and is aimed at optimizing HR functions. The popularity of using the phrase Strategic Human Resource Management exemplifies this.

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Headcount Planning: An HR Practitioner’s Guide

AIHR

Headcount planning involves setting hiring targets, creating reskilling and upskilling plans for current employees, decreasing employee turnover, and analyzing worksite occupancy and company-specific objectives and strategies. HR and management can collaborate to make financial decisions based on accurate headcount data and future plans.

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9 Best Workforce Analytics Software for 2024

Terryberry

That's where workforce analytics software comes in. Workforce analytics software compiles all of your data in a central location, where you can evaluate and compare a variety of metrics. In this article, we're covering the benefits of workforce analytics and some of the most powerful software options you can choose from.