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workforce analytics
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workforce analytics
Share your stories of workforce-management success in contributing to your business' bottom line, as well as your tales of business bloopers and blunders.
We currently look at standard turnover - promotions, hires and exits of our workforce as well as standard demographics of our population. We're also projecting out retirements of those in more techni
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workforce analytics

posted at 11/2/2004 1:08 AM EDT
Posts: 2
First: 11/2/2004
Last: 11/2/2004
We currently look at standard turnover - promotions, hires and exits of our workforce as well as standard demographics of our population.
We're also projecting out retirements of those in more technical areas.
Are there any other forward trending projects that we should be looking at for our workforce?
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workforce analytics

posted at 11/2/2004 4:13 AM EDT
Posts: 206
First: 11/21/2001
Last: 11/30/2006
Erik,

If your business is at all technical in nature, then I would think the number of employees who are furthering their education would be important. If you serve a diverse client base, or are multinational or considering becoming multinational, then the number of employees who are bilingual would be worth tracking.
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workforce analytics

posted at 11/22/2005 9:21 AM EST
Posts: 7
First: 11/22/2005
Last: 2/25/2006
It looks like you on the right path. However, there are some additional elements that you can forecast based on your completed work.

For example, if you're able to forecast age and years of service, use this information to forecast knowledge management issues, cost of workforce, training requirements, shifts in management oversight and talent acquisition restraints.
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workforce analytics

posted at 12/21/2005 12:15 PM EST
Posts: 378
First: 1/8/2002
Last: 9/14/2011
What adds value? If a metric or report adds value, then it should be done. HR and the management team can agree on what is needed. I assume you have an HRMS that can furnish standard HR data. Discard metrics, measurements, and mousetraps that add no value. The data you retrieve and manage should support the organization strategically.
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