WORKFORCE ANALYTICS

Benefits

Through our HR, business, and statistical expertise, Infohrm offers flexible analytics solutions for answering even the most complex questions by:

• Offering several partnership levels (train-the-trainer, joint collaboration, fully outsourced)
• Building data roadmaps to ensure that analytics models include all necessary data
• Aggregating and verifying the accuracy of your workforce data, thereby raising your level of confidence in the results
• Utilizing insights drawn from hundreds of Infohrm Analytics Engagements
• Offering objective third-party guidance on your analytics strategy

Features

Utilize Infohrm’s international best-practice workforce data positioning skills, human resource consulting experience, applied research, and statistical expertise to gain greater business insight into current challenges facing your workforce.

Infohrm supports your data mining and predictive modeling needs through individual analytical engagements. Engagements are designed to fulfill individual member requirements and can vary greatly in scope and complexity. Representative engagements from current Infohrm members include:

• Human capital drivers of store-level profit (Retail)
• Retirement scenario planning around an aging workforce (Insurance)
• Pockets of high absenteeism and impact on productivity (Consumer Products)
• Time to sales force productivity (Manufacturing)
• Root cause of first year claims and call center turnover (Insurance)
• Matching temporary hiring cycles to seasonal revenues (Retail)

How well can you answer your own organization’s most pressing human capital measurement questions?

Based on Infohrm's experience gained from working with over 300 organizations, our analytics team typically follows the end-to-end analytical process illustrated below:

Features of Infohrm’s Workforce Analytics Engagements include:

• Access to Infohrm’s 20+ years of workforce analytics experience
• Partnerships with Infohrm’s team of statisticians, organizational psychologists, and consultants
• Aggregation, transformation, and publication of workforce and business data
• Structured, reliable methodologies for investigating human capital questions
• Tools for quantifying intangible, or qualitative, data
• Executive presentations of the findings delivered by senior Infohrm staff

Services

Infohrm offers two primary solutions for organizations seeking analytics support:

1. Analytic Insights

Cost-effective, “off-the-shelf”, analytic reports covering a broad range of common HR topics, from cost of turnover calculations to diversity profiles, workforce productivity assessments and career-pathing trends.

2. Analytic Engagements

Customized consulting projects using rigorous methodologies to establish relationships among multiple variables, identify correlation and causation, and test hypotheses. Engagements can measure the value of your workforce contribution and the ROI of your HR interventions. Examples include:

• Identify leading workforce indicators of organizational effectiveness and determine the strength of the relationship
• Develop a measurement framework of the relationship between HR practices, employee reactions and business outcomes
• Quantify the amount of improvement in business outcomes associated with improvement in a workforce driver
• Review the most relevant best practices to inform how to improve performance on ‘decision metrics’

Contact the Infohrm team at 202-589-2660 to learn more about how we measure the business impact of your HR and workforce initiatives.