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9 Best Workforce Analytics Software for 2024

Terryberry

RELATED: Talent Development: 7 Ways to Secure and Retain Top Talent Talent Acquisition and Retention Workforce analytics software provides insight into recruitment effectiveness, candidate quality, and employee turnover. Visier Visier touts itself as a people analytics solution.

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What’s the best HR analytics software?

Best Of HR

It provides our team with powerful insights into employee engagement and retention, as well as a comprehensive view of our workforce data. There is no better HR analytics software than Visier , a cloud-based platform that analyzes and optimizes workforce data. ” Hibob. Sisense HR. ADP Workforce Now. ADP Workforce Now.

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Five key HR technologies that should be on your shopping list

LACE Partners

But an HRIS needs to be appropriate to the size of the business – there are giants that offer tech that will ‘do it all’ such as Workday , SAP and Oracle , but these might be overkill for medium-sized businesses or smaller ( you can also find a range of other providers here ).

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‘The Great Resignation’

Thrive Global

As companies realize that back to work might not work, they are scrambling to come up with strategies to mitigate high turnover rates. Visier analyzed its anonymous and standardized database of workforce data from 11 million employee records at more than 11,000 companies. Salary and benefit increases were also cited as job keepers.

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Redefining HRIS Migration Success

Visier

Businesses may end up with faster payroll times, easier bonus payment processes, and quicker scheduling, but can still face the same retention problems, diversity issues, and talent shortfalls. Let’s say that your organization tends to experience a spike in turnover following annual bonus time.

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Why a Data Warehouse is Not the Analytics Cure-All

Visier

Chances are good that your organization has a CRM from a vendor like Salesforce, an ERP from a different vendor like SAP, and an HRIS from another vendor like Workday. HR leaders need to understand and leverage this metric to optimize retention initiatives and recruitment processes. Consider a common HR metric like “Time to Fill.”

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Analytics Leaders Discuss New Trends

Bersin with Deloitte

Predictive retention models: Coming to a desktop near you. With their advanced analytics capabilities, most of the roundtable participants have built their own predictive retention models and are using these to understand and help prevent turnover. Here is a recap of a few key themes from the discussion.