Articles

Each day brings news that describe how people are not saving enough for retirement, and how many will outlive their savings. Meanwhile, plan sponsors, who have worked hard trying to foster a culture of employee saving, inevitably begin to wonder if their plan is providing adequate retirement benefits. Read more

Equipped with powerful workforce metrics, HR leaders can clearly identify and communicate to the “powers that be,” precisely where their company’s investment in human capital is paying off and, more importantly, where it’s falling short and why. Business leaders need people to do the work and they need HR to supply real-time accurate data to help them make smarter decisions about their workforce. The obvious questions are, “What metrics should I be tracking?” and “Which key performance indicators will provide me and my organization with the greatest value?” Read more

In our last article, we debunked the myth that people perceive Lean is a manufacturing process improvement tool… that it couldn’t be applied to a department such as Human Resources. This month we will show how to kick off a Lean Six Sigma project. Read more

Complexity in today’s workforce, new technology investments, economic pressures, talent as a competitive edge, aligning the people strategy with the business strategy and many other reasons are driving a change in HR to be information-savvy. This has turned workforce analytics to the hottest topic in the HR technology arena, but this change has also created confusion as to how best to proceed to make programs to implement workforce analytics successful. Read more

CVS Caremark's turnover data told the key business partners that something was wrong-- but obviously not at the root of the problem. So the organization employed a cross functional team of senior leaders, HR, Finance, Communication and Project Management partners to work on various facets and get to the bottom of the issue. Nadine Rastelli, Talent Acquisition Director at CVS Caremark, shares how CVS Caremark reduced turnover from range of 95-125 percent to 35 percent in less than 2 years. Read more

A major question that HR professionals are being asked is about their return on investment, which is where analytics is playing such an important role. Read more

As Director of HR Analytics for Sears Holdings Corp, I have learned something through my experience which has made an exponential difference in creating value for my clients. The secret to unlocking value has been to start focusing on behaviors which lead to outcomes and to stop focusing so much on the outcomes themselves. Read more

Tim Ringo, co-author of Calculating Success, shows how organizations can thrive in tough market conditions, based on his experience creating human capital systems at IBM. "The key is to create an organization that runs on more than intuition and guess work," says Ringo. Read more

The link between strong individual performance and the collective growth of a company is now well established. But without effective metrics, measuring this proves more than a little tricky. Read more

Social media has changed and evolved beyond recognition in the past decade, and is altering how people interact with friends, colleagues, services and businesses. But the measurement industry has yet to adopt standard practices for quantifying and deciding on the success of social media hiring initiatives. How do you measure the success of your social recruiting strategy? Read more

The UK could be heading towards another recession if a warning from the Organization for Economic Co-operation and Development is to be believed. A downturned economy, with a 0.03 percent contraction this quarter and a further 0.15 percent in the next paints a glum picture for the economy. The need to reevaluate the efficiency of human capital metrics in a downturned economy is more important than ever. Read more