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Today, HR systems equipped with advanced dataanalytics capabilities enable businesses to make informed, data-driven decisions that enhance workforce efficiency and productivity. One of the most powerful applications of HR analytics in workforce planning is predicting future talent needs.
Turnover Takedown: How Analytics Can Save Your Team Employee turnover can feel like the silent alarm that no one hears until its too late. Although turnover may seem inevitable, modern organizations are discovering that data-driven team management can help them retain top talent more effectively.
Data-driven decision-making: By analyzing KPI progress, for instance, by using an HR dashboard , HR teams can make informed, data-based decisions and choices about policies, resource allocation, and workforce strategies. The insights from these surveys can help reduce employee turnover.
Analytics Unleashed: Practical Applications in HR Analytics can be an intimidating word for many HR professionals, often conjuring images of endless spreadsheets, eye-watering pivot tables, and a level of technical complexity reserved for data scientists alone. So, where do these data-informed use cases come to life?
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. Better understand attrition and identify high-value employees, reducing turnover.
Data Unbound: Breaking Down HR Silos for Smarter Insights The modern workplace thrives on information. Yet, despite todays wealth of HR data insights, many organizations continue to struggle with fragmented systems, incomplete profiles, and scattered analytics. Siloed data undermines that potential.
Data-driven decision-making has become a cornerstone of effective management. In 2025, peopleanalytics has emerged as a transformative force, enabling HR professionals to gain deeper insights into employee behaviour, engagement, and performance. It involves collecting, analysing, and interpreting data to inform HR decisions.
Just hearing the word “turnover” can strike panic into the heart of even the most experienced HR professional right now. ??. With all the resignations, reshuffling, and high-speed hiring you’re probably experiencing, it can be hard to come up with an effective employee retention strategy. Turnover isn’t always bad.
Peopledata is business data, according to reporting from Deloitte. This philosophy has elevated peopleanalytics to an organizational imperative for many companies. Why peopleanalytics? Previously reliant on spreadsheets, Gore Mutual struggled with data consistency.
I’ve always found that the best way to problem-solve and determine the best path forward is with good data. That’s one of the reasons why I decided to pursue the Society for Human Resource Management (SHRM) PeopleAnalytics Specialty Credential (aka the PASC). But, back to my point about using data to solve problems.
As a solution to shorten this process, HR adopts advanced peopleanalytics combined with insights from employee monitoring systems. This article will explore how data-driven strategies are affecting HR decisions and delivering measurable results. What Is Advanced PeopleAnalytics?
Importance of HR analytics HR analytics examples Key HR metrics Dataanalytics in HR: How to get started How to transition from descriptive to predictive and prescriptive analytics in HR HR analytics certification FAQ What is HR analytics? Example: Annual employee turnover rate.)
The process of HR analytics can be broken down into three main components: data, analysis, and reporting. Data (Metrics). You’ll need to start by identifying useful data points, or metrics. The data needs to be quantifiable because numbers are easier to compare on a large scale. Analysis (Analytics).
HR analytics helps HR professionals and their organizations to improve decision-making through data. There are 4 types of HR analytics methods that HR professionals can use, namely, descriptive, diagnostic, predictive, and prescriptive analytics. The 4 types of HR analytics explained.
Today’s best HR strategy leans on people tech to take the focus off the paperwork and put the emphasis on improving culture, employee engagement and retention, and the business’s bottom line. But what tech can you use to support your business’s HR functions and free up the time you need to put your energy into your people?
Workforce analytics Your employee data can offer valuable insights into workplace practices and employee satisfaction. HCM technology and practices aim to help you use this data for everyday HR decision-making. It can also help you evaluate current initiatives, such as boosting engagement or fostering diversity and inclusion.
However, large corporations and businesses experiencing rapid growth may struggle to maintain real-time headcount data. Understanding Headcount Data: Metrics That Matter Avoiding the problems an unclear headcount can bring involves paying attention to the right data. What Is Headcount Monitoring?
For senior human resources leadersparticularly chief human resource officersthe ability to harness data-driven insights has become a distinct competitive advantage. Here is how to move from raw data to decisive action in ways that create tangible, strategic value. These elements create the why behind your people strategy.
Workforce analysis is a process used to collect, analyze, and interpret data to assess the current state of the workforce and turn it into actionable information which organizations can use to plan to meet their future needs. Collect relevant data. Why should you conduct a workforce analysis? How to conduct a workforce analysis.
But when HR and people pros look to cloud, they should see a comprehensive global network of servers storing data and running applications that has empowered the HR function in the new millennium. In the early 2000s, HR had predominantly relied on paper-based processes , outdated legacy systems, and manual data entry.
Navigating DEI Rollbacks: How PeopleAnalytics Can Sustain Inclusive Workplaces The current socio-political landscape is a tough one for companies to navigate. Instead, let the data do the talking. Tracking DEI analyticsdata also helps HR leaders provide data-based justification for DEI programming.
It is time that HR analytics starts to show the value it delivers to the business. This is hard to do as peopleanalytics is still an emerging field. For this article, I have collected 15 of the best HR analytics case studies I’ve come across in the past two years. Turnover at Experian. Flight risk at IBM.
In a post-COVID employee landscape where the accounting industry was seeing high turnover rates across the board, this uncertainty contributed to concern about how to retain the firms top talent. Most importantly, 15Five provided a way to act on employee data rather than just collecting it.
Unlocking HR potential: Peopleanalytics that drive ROI Strategic HR and peopleanalytics have become buzzworthy topics for good reason. Sadly, many organizations still struggle with scattered data and labor-intensive processes. If that sounds a bit like your day-to-day reality, you are not alone.
Organizations that neglect to apply relevant and targeted frontline engagement strategies risk higher turnover, reduced productivity, and lower customer satisfaction. Companies always think, “My problem is I don’t get enough people into my company.” Engagement in the frontline cannot be an afterthought.
For example, deciding to establish a culture that values continuous learning can lead to higher employee engagement and retention. Balancing priorities, managing diverse perspectives, and integrating data-driven insights are now essential, all while ensuring compliance and maintaining organizational culture.
Gathering the right data and information Having a good approach or system for problem solving. One approach to make for better data gathering and problem solving would be to use analytics. DESCRIPTIVE analytics is focused on what’s happened. DIAGNOSTIC analytics answer the question “why did it happen?”.
There are as many reasons for employee turnover as there are people who leave their jobs. This article explores some of the most common reasons for employee turnover and ways to prevent it. Contents What is employee turnover? Let’s get started!
Hiring, vacancies and turnover are critical measures on both the state of the economy and the health of the organization. Some turnover is healthy for organizations, but the danger in such record-setting times is passing a critical threshold of talent loss. For many organizations, voluntary turnover costs millions of dollars.
Below, I outline different ways peopleanalytics can be used to support these processes. Succession planning with data. Analytics can help you evaluate: Strength of your pipeline. Fictional data used. Fictional data used. Fictional data used. Fictional data used. Fictional data used.
PeopleAnalytics is maturing fast. 2017 in particular was a stellar year if the published cases, presentations at various peopleanalytics conferences and interest from the wider HR community is anything to go by. The second area uses peopledata to answer questions such as “How to we sell more widgets?,”
Difference between attrition and turnover Types of attrition Factors impacting attrition How to calculate employee attrition rate The risks of high attrition rate for the business How to identify and analyze a high attrition rate HR strategies for reducing attrition rate What is attrition rate? These include: Employee retention rate.
Human + AI: The New Frontier of PeopleAnalytics and Workforce Intelligence There appears to be an unending chatter in the world of human resources about how artificial intelligence is making the job more efficient, eliminating mundane tasks, and lightening the administrative load.
HR term example: “In France, employees get a minimum of 30 PTO days per year while most people in the US only get 15 paid-off days per year on average.” Payroll audit A payroll audit is an analysis of a company’s payroll data, documents, and processes to ensure accuracy. HR Metrics and PeopleAnalytics terms 33.
Read on to learn how to get started with HR analytics and move toward a more strategic, data-driven people strategy. What is HR analytics? HR analytics or “peopleanalytics” is a set(s) of data related to individual employees and the collective teams in your organization. Learn more > 2.
At the crossroads of the workforce and the business is where HR can have its greatest impact; this is where in-depth knowledge of people dynamics is invaluable in making talent decisions that directly affect the top and bottom line. This is where data-driven HR becomes essential. Improve mergers and acquisitions outcomes.
Analytics is the new buzzword in talent management, but that doesn't mean it's the new reality. For all of the business insights HR data promises to provide—predicting performance, boosting engagement, improving succession—there are as many questions about how to implement a data program in the first place.
The shift however, is now upon using peopleanalytics to measure and gain isight into what truly matters and, how to move it. What is PeopleAnalytics? Think of peopleanalytics as “evidence-based decision making”. These decisions are of course none other than decisions for people management.
That was my first exposure to recruitment and I [saw] there’s this whole world here and I said, ‘I think I can apply that number sense, that analytical sense that I’m interested in, over here to the HR world,” he recalls. And today, he’s doing just that as Aimbridge leans on data-driven innovation to create its post-pandemic workforce.
According to Google Trends, the search term “peopleanalytics” was almost nonexistent until about 2008. It means that peopleanalytics has become part of the conversation for many businesses. Based on Deloitte research, “77% of all organizations believe peopleanalytics is important.” What does that mean?
Peopleanalytics enables organisations to make strategic decisions that positively impact employees, and thereby boost efficiency. According to a recent survey, only 22% of HR professionals believe their organisation is effectively using peopleanalytics. Is it gut feeling or data?
Therefore, HR leaders are very concerned with keeping employee turnover low. That’s why employee turnoverdata analysis is a valuable tool in your HR arsenal. Understanding employee turnover helps you prevent employees from leaving and retain top talent. Contents What is employee turnoverdata analysis?
According to SHRM data, the average cost-per-hire is $4,129 , and that’s just the beginning. The best screening combines multiple data points to build a complete picture. Despite all the data and insights gathered, this stage often trips up even seasoned hiring teams. Build goals from scratch.
Leveraging Business Metrics to Drive Executive Buy-In for PeopleAnalyticsPeopleanalytics has become a non-negotiable part of your human resources strategy. Companies are investing more than ever in HR technology, with a specific focus on analytics, to drive better decision-making and improve overall performance.
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