The 5 ROIs of Zegami HR: How the right HR analytics can deliver real value.
Any HR executive, manager or analyst keeping abreast of HR trends is certainly aware of the rising importance of HR analytics. The capabilities in this field are expanding rapidly with advancements in technology, as is the organisational mandate to process and understand ever-greater amounts of workforce data. Given the expansion of big data into every organisational function, it’s worth asking, “Can HR analytics deliver real value to make it worth the investment?”
Zegami and our partners have engaged in a series of interviews, discussions and trials with HR leaders, and begun to assess where the real value lies for the HR organizations who want to get the most from big data. We’ve tried to frame this dialogue along the lines of the value created relative to the investment cost in HR tech: i.e., the return-on-investment (ROI)
In an attempt to articulate the potential value-add of HR analytics, we have broadly categorised “5 ROIs” that can come from successfully working with HR data. To summarise, these are:
- Better organization development from the seamless integration between HR and Analytics functions;
- Value-creating strategic decisions, driven by better workforce insights;Optimizing total rewards (comp and benefit) spending;
- HRIS cost-saving; and
- Predicting and pre-empting expensive problems before they occur.
For more information or to arrange a demo please contact [email protected]