2020 Trend: Insights
Predictive Analytics and Insights
Statistics give managers and leaders in the organisation the insight to be able to make evidence based decisions from collected data. The process of analyzing existing data can enable business leaders to learn from previous experiences, forecast future outcomes and gauge progress.
The Most Important HR Metrics You Should be Measuring
HR metrics is the data used to measure the success of HR initiatives and processes, and to quantify the cost and the impact of talent management programs. Metrics add value to organizations by providing the information required to make the best decisions about their talent:
- Employee Experience & Job Satisfaction; employee disposition, engagement, personal well-being, health, relationships at work. [Confidential, Independent Staff Assessments, Surveys, Audits, Polls]
- Time and attendance management; absence, time off, leave, absenteeism trends, presenteeism*, billable hours per employee.
- Productivity; efficiency, effectiveness, performance, profits.
- Compensation management; benefits, salary, commissions, perks, bonuses…
- Employee profiles and development; on-boarding, performance management, career planning, skills development.
- Staff Turnover; measuring staff turnover helps you understand whether your retention strategies are working.
- ROI; Revenue per employee, life-time value.
- Per capita cost of employees; management/ HR/ c-suite/ executives/ contractors/ temps and other categories.
- Time to hire; recruitment and applicant tracking.
- Cost per hire; understanding how much it costs you to recruit one / each new staff member can be very helpful.
Presenteeism* = present (at work), but go slow, look busy, and do as little as is humanly possible without getting caught out.
Continuous Employee Experience (EX) Improvement Model
The HR scorecard is a visual representation of key measures of human resource department achievements, productivity and other factors important to the organization. Factors measured include costs, hiring, turnover, training, performance management, time management, resource management and alignment with corporate goals and values.
See more here ⇒ 2020 Global Human Capital Trend: Employee Experience
What gets measured gets sorted/ done
HR Analytics is no longer a nice-to-have, but has become an absolute must-have for any HR executive who wants to build a 21st-century HR function
Staff Assessments and Audits
Discover what is going on below surface appearances, what is working and what not… ask your staff.
External Staff Audit is 100 times better
Find out why confidential, external surveys, assessments and audits are 100 times better than internal surveys
For your FREE Report – Click here ⇒ Confidential Staff Audits 100 times better FREE Report
Improve conditions at work for all concerned.
Give Staff a Voice
Staff may be reticent to ‘complain’ in case it counts against them or becomes a career limiting move. Give them a safe and confidential place where they can complain, air grievances or ‘blow the whistle’ without retribution or comebacks.
Here ⇒ Grievance Platform
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In the next few weeks the top 2020 HR trends will be fleshed out.
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Other pages on the Genius Within Website you may wish to visit
- 2020 Major shift in HR = Shifts that differentiate current and legacy HR (Summary)
- 2020 Global Human Capital Trend: Employee Experience – People Power
- 2020 HR Trend: Insights and Analytics = Organizations with predictive analytics outperform peers [Top of this Page]
- Staff Assessments & Audit – Discover what is going on below surface appearances – what’s working & what not
- Creativity Work-Play-Shops – Out-of-the-box Brainstorming Sessions, Think-Tanks, New Product/ Service Incubation, Master-Mind… for radical, revolutionary, elegant, original, smart solutions (or all of the above).
- Grievance Platform – Give staff a voice – Safe & Confidential
- Business Booster Program – Boost People – Boost Profits – Boost Business!
- Genius Within – Expand Minds! Enrich Lives! [Return to HOME Page]
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