The market for people analytics (PA) technology is growing quickly. In fact, RedThread Research reports that there were 121 PA technology vendors in 2020, with a 35% growth rate from 2019 and a 55% compound annual growth rate (CAGR) over the last 4 years. Forward-thinking companies are helping drive this growth as they increasingly realize […]
Tag: people analytics
Hourly-based organizations can collect more data than ever before, but many lack the tools to leverage that information and proactively manage workforce concerns. Although decisions about hours, pay, safety, and performance are critical to the workforce, too many have been left to “I think” rather than “the data tell me.”
Great managers are turbochargers for team and business performance. So, when good managers leave an organization, the impact is significant. Not only are the direct costs of hiring replacements expensive, but there are also costs associated with lost productivity while new managers are coming up to speed, as well as the lost revenue while a […]
Most of us spend 40 or more hours each week at work. In the Knowledge Economy, with its digital nature, our work and daily lives tend to converge. It’s a yin and yang scenario, one most employees appreciate in order to make work/life balance manifest.
Most of us spend 40 or more hours each week at work. In the Knowledge Economy, with its digital nature, our work and daily lives tend to converge. It’s a yin and yang scenario, one most employees appreciate in order to make work-life balance manifest.
Intuition—a mental “shortcut”—is the result of two hardwired processes (pattern recognition and emotional tagging), which frequently lead to cognitive errors. As a result of “going with your gut,” even the best, most experienced business leaders can make poor judgment calls about individuals.
New research from Bersin by Deloitte, the research-based HR arm of Deloitte Consulting LLP, finds that people analytics, the use of employee data to help optimize business and management decisions, is strongly related to improved talent outcomes and an organization’s profitability. In fact, high-maturity organizations, or those using people analytics in a sophisticated and insightful […]
After a number of very challenging years for recruiters, things are finally looking up.