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An article by John Boudreau, professor and research director at the University of Southern California’s Marshall School of Business and Center for Effective Organizations, explains how predictive analytics is helping companies in the field of talent management. For More Information;
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An article by Josh Bersin, HR and talent management consultant, explains how some companies have used HR analytics to bring about a positive change in their organization and how some companies are still dealing with data management and reporting complexities. For More Information:-
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HR predictive analytics empowers a company to anticipate and prepare for the future. There is a continuous growth in the use of predictive analytics for the last few years. Studies have shown that predictive analytics act as a decision support system, enabling managers to take best decisions, resulting in an average of 5-6% higher gains than competitor companies.
Predictive Analytics
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According to the National Association of Professional Employer Organizations (NAPEO), employment growth has increased by 9 percent higher than other small businesses.
The Florida Association of Professional Employer Organizations (FAPEO) identified the reasons behind the growth of PEO industry. These are controlling costs, saving time and paperwork hassles, providing professional compliance ,reducing turnover and attracting better employees, providing claims management compensation, providing better benefits packages, providing professional human resource services , reducing accounting costs.
#hrwins program has been started by LAROCQUE; the leading Strategy and GoToMarket Consulting firm for HR related technology. The main purpose of #hrwins program is to encourage innovation in HR Technology products.
The result of 2014 #hrwins program was announced, where 15 HR Technology firms received the distinction of “HR Companies to Watch”. Some of them are ADP, BlackbookHR, Ceridian, HireVue, Jibe etc.
For more information, please go through: http://www.prweb.com/releases/2014/03/prweb11659203.htm