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• Payroll Registers and Reconciliation<br />

• Benefits Enrollment<br />

• Overtime Reports<br />

• Vacant positions<br />

• Compliance and auditing reports to identify missing data or null values<br />

• Action or Incident reporting<br />

Analytics, on the other hand, are not designed to be transactional, and include summarized information that is not real-time; it is pulled from a data repository or<br />

warehouse on a scheduled basis - like monthly or quarterly, for example. The data included in analytics is not necessarily designed to drive the business on a daily<br />

basis; it’s generally used to plan for the future. Transactional information is not a focus; the main objective is answering key business strategy questions using data<br />

from all areas of the organization, which is used to shed insights into workforce impact on the business. Sample Analytics includes asking questions such as:<br />

$<br />

$<br />

$<br />

What is your revenue per employee? Is it higher<br />

How does your headcount per unit of<br />

How many dollars of operating profit<br />

What percentage of your operating<br />

than your competitors? How does it vary across<br />

production compare to that of your<br />

are generated for every dollar invest-<br />

expenses is invested in compensation<br />

lines of business or geographies?<br />

direct competitors?<br />

ed in compensation and benefits?<br />

and benefits?<br />

REPORTING VS. ANALYTICS<br />

Rel-time transactions used to run the business<br />

Right thissecond and today<br />

Transactional, operational and individual detail<br />

HRIS, Coe, Managers<br />

97% of time spent<br />

“I need a report shwing how many EE,s terminated employment so far this<br />

week and their names and their supervisors contact information.”<br />

Aggregate historical data from engagement surveys,financial ledgers and<br />

talent/learning systems<br />

Planning for tomorrow<br />

Aggregate, Ratios, Trends<br />

C-Suite, LoB Leaders<br />

Les than 1% time spent<br />

“I need to show my CEO ow employee engagement correlates to revenue<br />

over the last 3 years, then identify thedrivers of engagement”<br />

PAGE XX 05

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