The value of “people analytics” vs business analytics
- Return on investment (ROI) for company initiatives
- New hire successes and failures
- Training effectiveness
- Cost per hire
- Impact of diversity and inclusion initiatives
Business analytics takes the guesswork out of making decisions to save your organization time, money, and costly mistakes.
Business intelligence tools enable you to harness the data you already have to:
Monitor employee turnover rates – including the number of employees who have quit, been laid off, retired, or discharged – and associated recruitment costs.
Identify employees and/or roles that are at high risk of burnout and use automated rest breaks and overtime reminders to help team members maintain the necessary balance.
Utilize coAmplifi’s Resource Productivity Index (RPI) to assign a numerical value to productivity for individuals based on time spent on their assigned tasks.
Automate time tracking, scheduling, and workload predictions with a comprehensive timecard linked to each team member’s calendar. This can also be used to avoid unapproved overtime.
Compare your organization’s current cost of productivity, turnover rates, time spent on specific tasks per role, and other metrics to previous time periods.
Knowledge is power. Don’t miss the opportunity to fix problems before they arise by using the data already at your fingertips. Speak with a solutions consultant!