HR Analytics

What if your company’s superpower has been hiding in plain sight? HR data and analytics can be the kryptonite to business challenges such as capacity planning, personnel costs, skill gaps, productivity issues, etc. But just like superheroes, you’ll need to develop abilities to reach your true power. Check out our ebook and start your hero journey!

Most people would agree that employees are key to any business success, and a superior performance & learning management is the road towards improved employee engagement and performance. So, the question that comes to mind is: how can we combine these two statements and have happy employees driving a successful business?  

Already a key concern since the beginning of COVID-19, operational efficiency stays top of mind. Understandable, but don’t just concentrate on doing things right. Doing the right things is just as important. And HR analytics could well be the glue between efficiency and effectiveness. Check the opportunities in 3 HR domains.

Business leaders are always searching for dynamic new ways to improve their business strategy, but there's one source of data which still remains largely untapped. There is a wealth of potential strategy ideas to be found in a place businesses already have unrestricted access to - their payroll system.

Running global payroll for an organisation operating in multiple countries can, at times, become somewhat overwhelming. With various rules and regulations to comply with and huge data sets to handle, many payroll professionals would welcome a helping hand.

Human Resources is a data driven industry. With so much company and employee information available, the challenge for many HR professionals is how to utilise it most effectively. No organisation can survive without data, and its importance within the overall business strategy only continues to grow as we enter a new decade.

The data accessible to HR and payroll professionals has the potential to inform areas of the business beyond its basic necessities. There are several types of reports that can help your organisation work more efficiently, each with its specific purpose. When utilised to its maximum potential, HR & payroll data can provide useful insights such as opening up a detailed understanding of the organisation’s workforce.

We often talk about how payroll technology can improve the efficiency of the HR and payroll department itself, but what about the efficiency of the organization as a whole? With easy access to employee data, the HR and payroll department can help the organization’s better control staffing costs and improve efficiency across the business as a whole.

Today, in a data focused business landscape, the HR and payroll departments have a more important role to play within the organization than ever before. Payroll data alone has the power to inform global business strategy as it provides insights into staff turnover as well as statistics to inform the recruitment process based on how staff across the organization are performing.

It is often said today that data is the new oil – it’s extremely valuable, especially in international business. But, as organisations expand, their databases grow and this can impact the workload of the HR and payroll professionals, distracting them from their vital roles and left to drown in never ending streams of data.

Is your HR and payroll team feeling the heat this summer? With the weather heating up, most of us want to get out and enjoy the sun or escape on a holiday. However, with more staff members out of the office, this can mean that the payroll team might be running on reduced numbers.

Despite many HR and payroll providers now using big data as part of their services, the industry has predominately been slow on the data uptake, in comparison to adoption within others. HR and payroll is largely an industry that relies on human intuition.