If we look back at the history of the world of work, we will see that there have been significant changes in how organisations manage their workforce.
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Insight222’s People Analytics Trends study for 2023 finds that people analytics continues to grow despite a challenging global economy. Our research has substantially increased in size over the years, and this year is no exception. Over 270 companies provided data for this study.
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People analytics work that leads to a clear return on investment excites senior business leaders. It also provides the climate to elevate the function and create more investment. Leading Companies in people analytics measure the financial impact of the team's solutions. However, not every people analytics project is about financial return – people analytics creates impact and delivers value for business performance, workforce experiences, analytics culture and societal benefits. So, what do we mean by the 'value' of people analytics work? Why is it important? And why should we have metrics to measure the value of different people analytics projects?
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2023 is officially here! And with each New Year, comes a whole host of exciting HR trends and predictions. These include trends and predictions that may have been rolled over from the previous year, or brand new ones that may take the HR and people analytics world by storm. And each year we recap on the successes and failures of the past twelve months, and look ahead to the new opportunities that await us. But this year feels particularly momentous, as the world faces a complex set of challenges, including economic downturns, skyrocketing cost-of-living, and a widening skills gap.
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