Vancouver, B.C. — March 27
Visier Inc. released its “2012 Survey Report of Employers: Workforce Analytics Practices, Preferences & Plans,” which indicated that more than three-quarters of employers who participated use workforce analytics to make decisions. Further, 65 percent of respondents felt that employee performance was a key indicator of success at their organization.
Also, 78 percent of participants reported currently using a system that enables them to manage and report workforce analytics, while 22 percent do not have such a system in place. Spreadsheets and single-source solutions built into existing applications remain prevalent, with ease-of-use the improvement most likely to improve success in workforce analytics.
The survey suggests that there is an acceptance of using workforce analytics in organizations to manage and report HR data. However, the survey also revealed that there is room for greater improvements in the services they are selecting to use, manage and report workforce analytics.
When asked what would most aid their success, 30 percent of participants said they would benefit from “easier-to-use” analytics tools and 23 percent felt they would benefit from an improved ability to interpret and present workforce data.
In February of 2012, HRmarketer Services Group surveyed more than 150 U.S.-based employers regarding their workforce analytics practices, preferences and future plans. The respondents that participated in the survey represented a 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 more than 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, an end-to-end, cloud-based application designed for HR professionals to identify and improve the ROI of their organization’s human capital.