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The Use of Workforce Analytics Solutions
In February of 2012, HRmarketer Services Group surveyed over 150 U.S.-based employers regarding their workforce analytics practices, preferences and future plans. The respondents who participated in the survey represented a wide variety of organizations that use workforce analytics to varying degree [...]



The Use of Workforce Analytics Solutions


Posted by Aizer, Melanie at Wednesday, 08/15/2012 2:01 pm
 
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In February of 2012, HRmarketer Services Group surveyed over 150 U.S.-based employers regarding their workforce analytics practices, preferences and future plans. The respondents who participated in the survey represented a wide variety of organizations that use workforce analytics to varying degrees.

These organizations ranged in size from less than 1,000 employees to organizations with well over 10,000 employees. The majority of the participants worked in an HR role, although a small demographic represented senior management, and other departmental groups such as IT and Finance. The survey was conducted online on behalf of Visier Inc.

78% of participants reported currently using a system that enables them to manage and report workforce analytics, while 22% do not have such a system in place. Spreadsheets and single-source solutions built into existing applications remain prevalent, with ease-of-use as the factor most likely to improve the success of workforce analytics. Those who do have a system in place were asked to identify all of the solutions they use to manage and report workforce analytics.

More than three-quarters of the organizations that participated in the survey responded that they currently use some form of workforce analytics system to manage and report workforce data.


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However:

• 34% indicated that they were dissatisfied or very dissatisfied with their current management of workforce analytics;

• 34% planned to moderately or significantly increase their investment in workforce analytics;

• 30% said they would benefit from easier-to-use analytics tools, and;

• 23% felt they would benefit from an improved ability to interpret and present workforce data.

DOWNLOAD THE FULL REPORT HERE TODAY!


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