Big Data - Big Deal? HR Metrics to Optimize Your Workforce

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Big Data Big Deal? Deb Maher Sr. Director HRIS & Shared Services DeVry Inc. October 23, 2012 Cary Schuler Co-Founder & CEO cfactor Works Inc.

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[A Presentation at IHRIM's 2013 Workforce Analytics Forum] Organizations are driven to perform more effectively and with greater agility than ever before. At the same time, data has moved beyond traditional information systems, with relevant data points residing in numerous disparate places. In order to optimize transparency and decision-making, leaders and managers must be able to make sense of it all. Learn how DeVry Inc. worked with cfactor to undertake a bold mission to unleash workforce analytics with significant impact in critical areas such as turnover, headcount and engagement to name a few.

Transcript of Big Data - Big Deal? HR Metrics to Optimize Your Workforce

Page 1: Big Data - Big Deal? HR Metrics to Optimize Your Workforce

Big Data Big Deal?

Deb Maher Sr. Director HRIS & Shared Services DeVry Inc.

October 23, 2012 Cary Schuler Co-Founder & CEO cfactor Works Inc.

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Today’s Presenters

Deb Maher @DebAMaher Senior Director, HRIS & Shared Services DeVry Inc.

Cary Schuler @CarySchuler

CEO, cfactor

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Let’s stop talking “data”

Data is everywhere

Valuable data is: Accurate

Timely

Drive by a goal

Accessible just-in-time

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What do you really need?

Performance Scores

Tenure

9-Box Assessment

Geography / Language

Education / Experience

Career Aspirations

Peer Endorsements

Subject Matter Expertise

Correlated talent data for meaningful insights

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Integrated data with a purpose

Big picture talent

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Integrated data with a purpose

Individual insights

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Integrated data with a purpose

Slice-and-dice-ability

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Integrated data with a purpose

Relevant connectivity / notifications

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Integrated data with a purpose

Accessibility from the front-end

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Integrated data with a purpose

Collaborative work communities and information sharing

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Integrated data with a purpose

Aggregated from multiple systems

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Dashboards

Just-in-time

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Drill-through reporting

Just-in-time

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Reduce turnover

Increase engagement

Employee development

Succession planning

Improve compliance

Feed your goals

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Feed your goals

Turnover

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Feed your goals

Engagement

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Employee development

Feed your goals

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Succession planning

Feed your goals

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Compliance

Feed your goals

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dashboards viewed / mo.

3,000+ total rewards statements / mo.

21,000+ report views / mo.

1,500+

By the Numbers…

HR Metrics & Reports

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By Month 13

97% of employees logged in

7,500+ collegial endorsements

1M+ employee logins

85,000+ employee transactions

1st Month Data

of employees logged in

1,331 collegial endorsements

84,524 employee logins

16,533 employee transactions

85%

Engagement

By the numbers…

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Adoption (Annual Usage)

employee logins

250,000 report views

100,000 transactions

1 million

144,000 org chart views

72,000 total rewards statements

8,500 endorsements

By the numbers…

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Q & A

Cary Schuler cfactor Works Inc. @caryschuler

Deb Maher DeVry Inc. @debamaher

www.cfactorworks.com