Workforce Analytics has become a hot topic recently as there is a growing demand for data-driven decision making to drive strategic actions that impact critical business outcomes. While there is a general agreement among HR professionals that Human Resource initiatives have a significant effect on business performance, it is more controversial whether Return on HR Investments can be precisely calculated.
Nevertheless, – as you will see through the case studies presented in our report – there are a few pioneering organizations, who already are beyond the novitiate period in the journey towards developing solid Workforce Analytics capabilities.
This survey report provides useful insights into the maturity of the Workforce Analytics function, and the picture is certainly mixed. Although a few respondents claim they are yet to get started, not many more organizations are at the other end of the continuum with a fully developed Workforce Analytics function.
The good news is that the trend data are clear that the specialism of Workforce Analytics is only likely to grow, with the majority of organizations indicating expansion in the future. As more organizations set up Workforce Analytics functions and begin to see the benefits of evidence-based decision making, we are likely to see greater use of sophisticated analytic approaches.
Table of Contents
- What is Workforce Analytics?
- Drivers and levels of Workforce Analytics
- Results of the European Workforce Analytics Maturity Survey
- Maturity of Workforce Analytics
- Methods of Workforce Analytics
- Why HR is engaging in Workforce Analytics
- What is preventing the adoption of Workforce Analytics
- Satisfaction with Workforce Analytics
- Overcoming Workforce Analytics Challenges
- Summary of Research Result
- Demographics of research participants
- About the Authors
- About the Research Underwriter