What Unconventional People Analytics Looks Like?

Shefali Vasave | June 3, 2022 | 248 views

anaytics_Blog.jpg
HR analytics was first conceptualized in 1911 in the book ‘The Principles of Scientific Management’ by Frederick Taylor. Since then, it has become a prominent aspect of people management. Its application in performance optimization, employee retention and employee engagement is unprecedented. However, HR analytics has contributed in a multitude of ways to improving decision-making. Its scope is expanding and spilling into other areas of business. Many organizations are uncovering ways to use their people insights to inform decisions that have nothing to do with hiring.


Applying HR Analytics to Identify a New Office Location

The tech giant Cisco demonstrated that the use of people analytics can take many different shapes and forms. The company used data to guide its decision on choosing a new office building location, optimize space and build a positive culture right off the bat.

Powered by the company’s data from across its 266 offices in 87 countries, the people analytics team got into action to identify usage rates and costs in the organizations. The team took into consideration the neighbourhood and community around them to assess the business outcomes. The team went over and above to examine the availability of talent from nearby universities in relation to the areas their competitors served.


Predicting ROI on an Apprenticeship Training Program

Multinational energy provider, SSE, deployed an in-depth analysis of their trained apprenticeship program to calculate ROI. It not only enabled the company to make a business case for its apprenticeship program to senior management but also see the true value of its initiatives through a financial lens.

SSE discovered that every £1 invested collectively by the individual, society, and employer in a fully trained apprenticeship yields a return of £4.29 to the economy.


Making Diversity More Than Just a Buzzword

The carpool service, BlaBlaCar, used data analytics in HR to review job applications that were comprised of biased language and messaging. The company also structured its interviews in a way that was inclusive, a tactic that helped them convert candidates into employees and increase the diversity on their teams.

London-based survey company Saberr employed HR analytics to explore candidates’ behavioral compatibility, core values, and diversity to identify if a candidate will feel welcome in an organization and the strength of their interpersonal relationships.


Beyond the Hiring Horizon

A 2019 study by Chalutz Ben-Gal discovered that recruitment and workforce planning are the two areas of HR that yielded the highest returns. By using data to fuel insights outside of hiring and people management, some organizations are demonstrating the innovative ways that HR analytics can power business outcomes.

Whether to pinpoint a new regional office, assessing investment decisions or spearheading diversity and inclusion, leveraging people analytics is a matter of thinking outside the proverbial box and maximizing the combined power of people and their behaviors to drive innovation.

Spotlight

summer Group

In SommerGroup® we specialize in identifying the best talent available, both (local and international) labor market and within the organization,

OTHER ARTICLES
HR ANALYTICS, EMPLOYEE EXPERIENCE

Increasing ROI through Digital Recruitment Marketing

Article | June 13, 2022

Marketing and recruitment are two of the most critical functions in a business. However, just as marketing is key to helping a business sustain in a cutthroat market and position itself as a go-to provider, recruitment marketing is key to winning the war for talent and positioning a company as a coveted workplace. Digital recruitment marketing, there are more avenues to recruit top talent than ever before. Not only does it offer a wide reach, but also the ability to keep track of campaigns and measure the return on investment from these efforts. In this way, you can build a talent community that ensures you have a steady supply of qualified candidates. This is why implementing solid recruitment marketing campaigns is so crucial. However, just like marketing, recruitment marketing requires investment, and marketing leaders must be able to justify these investments to their higher-ups. At its core, recruitment marketing shares much of its process with marketing. It helps to take lessons from how marketing leaders convince higher-ups to invest in their strategies to build a talent pipeline. Building a Business Case for Digital Recruitment Marketing Talent acquisition through recruitment marketing is undeniably effective. But it goes without saying that marketing is an expensive endeavour and when done without due diligence, it can cost your company a lot more than necessary and without yielding the results you’re looking for. In addition, with the same principles used to manage marketing campaigns, you have a better chance of justifying investment in digital advertising to recruit talent. By tweaking a few crucial pieces of marketing tools and techniques, you can craft a marketing strategy aligned to your recruitment objectives. Not all companies have the digital presence that large organizations can boast of. This is why reaching and engaging candidates, positioning an employer brand and designing an online candidate experience are so important. Digital advertising can address all of these objectives by helping create reach and awareness. But first, let’s talk about the key recruitment marketing metrics to track when implementing digital recruitment marketing campaigns. Metrics to Map for Tracking Recruitment Marketing ROI Your ability to build a case with recruitment marketing ROI is limited if you are not tracking the ROI from your digital advertising campaigns. Social Media You cannot track word of mouth, but you can track online conversations. No, it doesn’t mean you can hear what people are saying about the company, but social media recruitment marketing can uncover numerous insights. You can see how much of your audience your posts or ads are reaching, whether they are engaging with your posts by commenting, sharing, or liking it, and if it’s converting visitors into applicants. Pay-Per-Click Campaigns PPC campaigns are a common digital recruitment marketing strategy and are especially effective for reaching an intent-based audience looking for specific roles. PPC ensures your ad is at the top of the pile and gets immediate attention. Time to Hire From applying for a position to being hired, time-to-hire substantially demonstrates the success of your campaign. It requires you to track all the dates and stages of an application’s lifecycle. But what does it have to do with recruitment marketing? According to a study by Inc., the best candidates get recruited within 10 days on average, and your recruitment marketing campaign should contribute towards reducing your average time-to-hire for it to be considered effective. To Conclude These are just a few of the critical metrics you need to track in order to build a case for investing in recruitment marketing. A talent shortage and a competitive hiring landscape make it difficult to find the right talent on time. With digital advertising, you can create result-oriented campaigns that accelerate screening and evaluating candidates by reaching the right candidate personas. A recruitment marketing platform can help you actualize your campaign and adopt seasoned marketing strategies as part of your talent acquisition efforts.

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Article | May 4, 2022

As the science behind employee engagement evolves, it’s become clear just how much businesses can gain from a happy and involved workforce. From improved performance, to reduced attrition, increased revenue and even a better customer experience, employee engagement is at the heart of business growth. Given these benefits, it’s no surprise that the role of HR departments is moving beyond just managing people and towards managing experiences.

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5 Things HR Can Do To Improve Employee Output

Article | March 30, 2020

Employees are companies most valuable asset – Without the talent, knowledge and expertise those employed bring to an organisation, it’s safe to say that the business world would be a very different landscape. Human Resources is often held responsible for owning the employee value strategy, where we’re now embracing tremendous improvements in how the value that employees bring, can be achieved. Here we’ll explore how data analysis, learning & development, employee engagement, 360 feedback and flexibility all offer a significant opportunity to improve employee output within every organisation in 2020.

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6 Reasons To Invest In Employee Onboarding In Your Organization

Article | February 10, 2020

You never get a second chance to make a first impression. This holds particularly true when it comes to employee onboarding. It's a new hire's introduction to the organization and the experience has a significant impact on employee retention. Unfortunately, that's why it's rare to see many employees with years of tenure. Research by Future Workplace found that 91% of Millennials expect to stay in a job for less than 3 years. Companies lose 25% of all new employees within the first year, according to SHRM, but almost 70% of employees are more likely to stay with a company for 3 years if they experienced great onboarding.

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summer Group

In SommerGroup® we specialize in identifying the best talent available, both (local and international) labor market and within the organization,

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Paycom Rolls Out Vault Card

Paycom | November 30, 2022

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Crosschq Named Best in Class HR Technology for Recruitment by 2022 HRO Today Association Awards

Crosschq | December 01, 2022

Crosschq, pioneers of the Talent Intelligence Cloud™, which is powering a revolution in data-driven hiring and people analytics, today shared that it was recently named the Best in Class HR Technology for Recruitment in North America by the 2022 HRO Today Association Awards. For more than 15 years, the HRO Today Association has recognized company and individual accomplishments in human resources, technology, and leadership around the world. This year’s North America and EMEA program garnered hundreds of submissions, with 71 selected as finalists. The awards for these regions were presented during the virtual HRO Today Association Conference, which took place on November 16, 2022. Of those named as finalists, 37 companies and individuals, including Crosschq, took home awards during the ceremony. “With the HRO Today Association Awards, we aim to recognize the companies and individuals advancing the HR function. What Crosschq provides improves upon several of the challenges and pain points that talent teams frequently lament. It emphasizes transparency and collaboration while identifying process inefficiencies and delivers critical insights. Crosschq is truly a best-in-class recruitment solution, and we congratulate them on this win.” -Elliot Clark, CEO & Chairman of SharedXpertise, publisher of HRO Crosschq CEO Mike Fitzsimmons shared, As an organization, Crosschq is aligned around a common goal: to redefine hiring success. And we know that to help HR and TA leaders create diverse, winning teams, they need access to actionable data and insights that supports Quality of Hire. The solutions we deliver reflect that, and on behalf of the Crosschq team, I would like to express our gratitude to the HRO Today Association for this tremendous recognition. About Crosschq Crosschq is powering a revolution in data-driven hiring and people analytics to help companies better recruit and retain talent. Crosschq’s Talent Intelligence Cloud™ provides solutions across the new hire lifecycle to help enhance sourcing, screening, and onboarding of new hires while providing a single source of truth for customers to accurately measure Quality of Hire. The company’s AI-driven cloud-based SaaS solutions were built with a talent-first approach, prioritizing trust and transparency, minimizing bias and protecting privacy. Leading innovative companies like Pinterest, HubSpot, Snowflake, Saks Fifth Avenue, Roku, Upwork, and DISH trust Crosschq to help build diverse winning teams. Founded in 2018, Crosschq is backed by Tiger Global Management, GGV Capital, Bessemer Venture Partners, SAP.iO, Okta Ventures, Slack / Salesforce and Rocketship.vc.

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Humantelligence Named Best In Class HR Technology for Culture & Collaboration by HRO Today Association

Humantelligence | November 25, 2022

Humantelligence (HT) won the 2022 HRO Today Association Award for Best In Class HR Technology in the North America region at last week’s HRO Today Association Conference - attended by more than 150 senior HR executives. The award recognized the company’s innovative one-to-one and team collaboration technology for its ease of use, quick implementation, and ability to optimize collaboration on the spot for remote and hybrid teams. For more than 15 years, the Association has recognized company and individual accomplishments in human resources and leadership in North America, EMEA and APAC. The nomination process offers people, teams, partners and companies the opportunity to share best practices and successes so colleagues, and the industry as a whole, can benefit from their experience. The awards recognize leadership, collaboration, innovation, and hard work, as well as a commitment to people and process improvement. This year’s awards garnered hundreds of submissions, and 71 finalists were named. Humantelligence delivers personalized communication insights through the tools organizations use every day: Microsoft Teams®, Outlook®, Gmail®, Zoom®, Webex®, Slack® and calendars. When drafting an email, chatting with a colleague, or joining a meeting, the tool automatically surfaces useful, customized tips for more effective communication and collaboration between team members. With this tool, leaders can create more balanced & diverse teams, reduce friction between team members, and improve productivity. By focusing on collaboration in this way, clients - including BASF, Bank of the West, Honda, AFLAC and others -- have improved team effectiveness and employee engagement while maximizing investment in their current communication technologies. “It’s important to empower employees with the kind of tools that enable more effective collaboration. We know that when people better understand themselves and others, they can better connect with each other, become more deeply engaged in their work and perform better. At the same time, organizations can increase productivity and improve the employee experience - it’s a win-win for everyone. In our work with hundreds of organizations, we’ve seen our collaboration tool change the way companies think about how people work together, and it’s really gratifying to be recognized by HRO Today for this work,” - Humantelligence’s CEO, Juan Betancourt This year, Humantelligence earned top technology honors by RemoteTech Breakthrough and TalentCulture for its team collaboration solution. About HRO Today Association The HRO Today Association is the premier networking and content community for advancing the human resources profession. By engaging in professional development opportunities and connecting with peers, members improve the quality, effectiveness, and efficiency of their HR operations and service delivery. The Association is managed by HRO Today/SharedXpertise Media, whose magazines, web portals, research, e-newsletters, events, and social networks reach over 180,000 senior-level HR decision-makers with rich, game-changing content. About Humantelligence Humantelligence delivers personalized insights for better one-to-one & team collaboration, surfaced in the communication tools you use every day: Microsoft Teams®, Outlook®, Gmail®, Zoom®, Webex®, Slack® & calendars. As a result, companies optimize collaboration and engagement while reducing turnover and can build engaged high-performing teams across the organization.

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Paycom Rolls Out Vault Card

Paycom | November 30, 2022

Paycom Software Inc., a leading provider of comprehensive, cloud-based human capital management software, has announced the launch of the Vault Visa® Payroll Card. With the Vault card and mobile app, employees can get paid up to two days earlier every payroll cycle. It is a financial lifeline for families in a time of high inflation and eliminates the need to spend money on fees for cashing a payroll check. For organizations, offering this convenient option provides a competitive edge to attract and retain employees while helping reduce the administrative burdens related to traditional checks. Offered exclusively to clients of Paycom, Vault provides employees more control over their finances, including access to electronic deposit and 40,000 no-fee Allpoint® ATMs, commonly found at retailers like CVS® and Walgreens®, in the U.S. and Puerto Rico. Vault can also be used as an additional account for paying bills, shopping, vacations, entertainment spending and more. Other advantages for employee Vault card users include: easy access to spending power everywhere Visa debit cards are accepted Visa’s Zero Liability fraud protection simple enrollment through Paycom’s Employee Self-Service® access to numerous exclusive offers and perksfor Visa cardholders, including discounts for hotels, subscriptions, restaurants, retailers, services and more “This is another step to simplify payday and the way consumers spend their hard-earned money,” -Chad Richison, Paycom’s founder and CEO Enrolled employees can enjoy a fully electronic, secure funding experience using all of the security features Paycom and the Vault card have to offer. Upon successful Vault enrollment, employees receive a physical card as well as a digital Vault card to add to their mobile wallet, like Apple Pay® and Google Pay®. It also delivers big wins for employers by: reducing the inconvenience of paper-based payroll providing an edge in hiring and retention with attractive payday options for employees enhancing benefits to combat turbulence in the labor market reducing check fraud with secure electronic funding This latest payroll offering further complements Beti®, the self-service payroll solution from Paycom. Beti guides employees to find and fix payroll errors before submission. By correcting errors in Paycom's easy-to-use app, Beti ensures accurate payroll and eliminates administrative hassles. About Paycom As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment. Its cloud-based software solution is based on a core system of record maintained in a single database for all human capital management functions, providing the functionality that businesses need to manage the complete employment life cycle, from recruitment to retirement. Paycom has the ability to serve businesses of all sizes and in every industry. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country.

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HR ANALYTICS,RECRUITMENT & RETENTION

Crosschq Named Best in Class HR Technology for Recruitment by 2022 HRO Today Association Awards

Crosschq | December 01, 2022

Crosschq, pioneers of the Talent Intelligence Cloud™, which is powering a revolution in data-driven hiring and people analytics, today shared that it was recently named the Best in Class HR Technology for Recruitment in North America by the 2022 HRO Today Association Awards. For more than 15 years, the HRO Today Association has recognized company and individual accomplishments in human resources, technology, and leadership around the world. This year’s North America and EMEA program garnered hundreds of submissions, with 71 selected as finalists. The awards for these regions were presented during the virtual HRO Today Association Conference, which took place on November 16, 2022. Of those named as finalists, 37 companies and individuals, including Crosschq, took home awards during the ceremony. “With the HRO Today Association Awards, we aim to recognize the companies and individuals advancing the HR function. What Crosschq provides improves upon several of the challenges and pain points that talent teams frequently lament. It emphasizes transparency and collaboration while identifying process inefficiencies and delivers critical insights. Crosschq is truly a best-in-class recruitment solution, and we congratulate them on this win.” -Elliot Clark, CEO & Chairman of SharedXpertise, publisher of HRO Crosschq CEO Mike Fitzsimmons shared, As an organization, Crosschq is aligned around a common goal: to redefine hiring success. And we know that to help HR and TA leaders create diverse, winning teams, they need access to actionable data and insights that supports Quality of Hire. The solutions we deliver reflect that, and on behalf of the Crosschq team, I would like to express our gratitude to the HRO Today Association for this tremendous recognition. About Crosschq Crosschq is powering a revolution in data-driven hiring and people analytics to help companies better recruit and retain talent. Crosschq’s Talent Intelligence Cloud™ provides solutions across the new hire lifecycle to help enhance sourcing, screening, and onboarding of new hires while providing a single source of truth for customers to accurately measure Quality of Hire. The company’s AI-driven cloud-based SaaS solutions were built with a talent-first approach, prioritizing trust and transparency, minimizing bias and protecting privacy. Leading innovative companies like Pinterest, HubSpot, Snowflake, Saks Fifth Avenue, Roku, Upwork, and DISH trust Crosschq to help build diverse winning teams. Founded in 2018, Crosschq is backed by Tiger Global Management, GGV Capital, Bessemer Venture Partners, SAP.iO, Okta Ventures, Slack / Salesforce and Rocketship.vc.

Read More

HR ANALYTICS,HR STRATEGY

Humantelligence Named Best In Class HR Technology for Culture & Collaboration by HRO Today Association

Humantelligence | November 25, 2022

Humantelligence (HT) won the 2022 HRO Today Association Award for Best In Class HR Technology in the North America region at last week’s HRO Today Association Conference - attended by more than 150 senior HR executives. The award recognized the company’s innovative one-to-one and team collaboration technology for its ease of use, quick implementation, and ability to optimize collaboration on the spot for remote and hybrid teams. For more than 15 years, the Association has recognized company and individual accomplishments in human resources and leadership in North America, EMEA and APAC. The nomination process offers people, teams, partners and companies the opportunity to share best practices and successes so colleagues, and the industry as a whole, can benefit from their experience. The awards recognize leadership, collaboration, innovation, and hard work, as well as a commitment to people and process improvement. This year’s awards garnered hundreds of submissions, and 71 finalists were named. Humantelligence delivers personalized communication insights through the tools organizations use every day: Microsoft Teams®, Outlook®, Gmail®, Zoom®, Webex®, Slack® and calendars. When drafting an email, chatting with a colleague, or joining a meeting, the tool automatically surfaces useful, customized tips for more effective communication and collaboration between team members. With this tool, leaders can create more balanced & diverse teams, reduce friction between team members, and improve productivity. By focusing on collaboration in this way, clients - including BASF, Bank of the West, Honda, AFLAC and others -- have improved team effectiveness and employee engagement while maximizing investment in their current communication technologies. “It’s important to empower employees with the kind of tools that enable more effective collaboration. We know that when people better understand themselves and others, they can better connect with each other, become more deeply engaged in their work and perform better. At the same time, organizations can increase productivity and improve the employee experience - it’s a win-win for everyone. In our work with hundreds of organizations, we’ve seen our collaboration tool change the way companies think about how people work together, and it’s really gratifying to be recognized by HRO Today for this work,” - Humantelligence’s CEO, Juan Betancourt This year, Humantelligence earned top technology honors by RemoteTech Breakthrough and TalentCulture for its team collaboration solution. About HRO Today Association The HRO Today Association is the premier networking and content community for advancing the human resources profession. By engaging in professional development opportunities and connecting with peers, members improve the quality, effectiveness, and efficiency of their HR operations and service delivery. The Association is managed by HRO Today/SharedXpertise Media, whose magazines, web portals, research, e-newsletters, events, and social networks reach over 180,000 senior-level HR decision-makers with rich, game-changing content. About Humantelligence Humantelligence delivers personalized insights for better one-to-one & team collaboration, surfaced in the communication tools you use every day: Microsoft Teams®, Outlook®, Gmail®, Zoom®, Webex®, Slack® & calendars. As a result, companies optimize collaboration and engagement while reducing turnover and can build engaged high-performing teams across the organization.

Read More

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