It's time to bust these myths and misconceptions so that HR can harness the full power of statistics in their people analytics function — functions which – by the way – have grown by 43% since 2020. Therefore, in this article, we're going to answer the top six common questions we hear about the basics of statistics in HR.
Read MoreWith 70% of surveyed respondents agreeing that business leaders have shown more interest in employee experience since the COVID-19 pandemic, it indeed is no surprise that employee experience has come to the forefront of improving business goals. Yet many companies are struggling with how to reach their goals with their EX efforts. Connecting analytic teams with business goals is a helpful way to overcome this challenge.
Read MoreOne of the most exciting trends in people analytics is the rapid growth of Organisational Network Analysis (ONA), which whilst not new is witnessing a resurgence thanks to developments in technology, new ways of working and changing business requirements. When I meet with people analytics leaders, ONA regularly crops up in the conversation as one of the techniques that they have either already begun to use or plan to deploy within their organisations.
Read MoreWhat are Leading Companies doing differently with people analytics to impact more business value? We often hear this question from CHROs and senior HR executives looking to add greater business value to their organisations with people analytics. As a result, Insight222 focused its People Analytics Trends research this year on investigating what “the best of the best” in people analytics are doing. These organisations are called “Leading Companies” and the aim of this year’s research was to identify key characteristics that allow them to deliver more value and create more impact in their businesses, than others.
Read MoreWith the growing awareness of people analytics and how it delivers actionable value to their organisations, business leaders are turning their attention to implementing it into the most profitable sectors of their company. Understandably, there is a desire to gain the most return on investment from the performance. To accomplish this, it is essential to know where people analytics contributes the highest value and focus energy in that direction.
Read MoreAI and technology are becoming more and more intertwined with the duties of HR. With the realisation from C-suites and business leaders that HR plays a large part in business success, CHROs, HRBPS and analytic teams have a new responsibility to become more aware of recent advancements. Moreover, understanding how it improves all aspects of people management, including learning and development, is essential.
Read MoreEmployee listening is an area within employee experience and talent management that presents companies with significant opportunities for adding business value. In today's complex labour market, employees are demanding more and initiating listening strategies, and taking action from employee feedback can result in highly positive and impactful results. That's why more leading companies are investing in people analytics and strategies for employee listening.
Read MoreEmployee burnout is a major issue within HR and business and its impact continues to grow. On average, 76% of employees report a feeling of work stress and burnout at some time during their employment. Employee burnout costs companies billions annually due to high turnover rates and health care costs. When an employee experiences burnout, companies suffer. That's why taking measures to prevent employee burnout through creating a positive employee experience is not only a smart step but is a strategic step that data can back.
Read MoreHR practitioners at all levels wear many hats in the context of initiating a digital transformation of the workplace; they are the first users of the technology within the organisation and are data-driven researchers of new technologies that enable the People strategy. They are the storytellers to the decision makers, motivating them to invest in the tech. And they are the champions of change, educating and encouraging the employees to adopt the new systems, thus impacting the employee experience.
Read MoreIt is challenging to bring staff back after a long stretch of remote work. And it is not necessarily the most popular thing to do. Just look at the news backlash when Elon Musk and Goldman Sachs requested that their employees return to the office. So, it is essential to take the proper steps with return-to-work programs before sending out that mass email telling everyone in the organisation that they will be commuting back to the office and returning to their workstations within the week.
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