Metrics & Reporting
Understanding Big Data to Streamline HR Decision-Making
Each day companies of all sizes utilize big data to uncover insights in their industry. From financial institutions to sports organizations and every business type in between, they understand that recognizing trends is one of the most vital solutions in their landscape. The same goes for Human Resources departments. At LBi, our latest version of…
Read MoreReports vs. Key Performance Indicators (KPI) vs. Analytics in HR
Yes, there is a difference. Reports summarize current and past data. KPIs measure degrees of success based on the comparison of summarized data (actual) to forecast. Analytics are typically used to predict future performance. In other words: Reports (metrics) = what happened KPI = why it happened Analytics = how can we improve This is…
Read MoreCombining HR Help Desk Data with External Data Sources
LBi HR Help Desk is known for its flexible reporting templates – more than 15 templates HR can access to build a wide array of powerful and productive custom reports. These templates in aggregate provide end users with access to virtually all of HR Help Desk’s data fields. Using HR Help Desk’s export feature, data…
Read MoreHR Help Desk – Reporting & Analytics
LBi HR Help Desk provides a wide variety of standard and customizable reports that HR can use to improve their operations, as well as delivering analytics that can impact the entire organization. Whether users run standard reports or extract specific data points to use in external analytics systems such as Excel, Crystal, Business Objects or…
Read MoreHow Big Data is Transforming Human Resources
Advances in technology have transformed the role of human resources (HR) professionals over the past 50 years. Today’s HR specialists are expected to take on strategic planning that adds value to the company’s bottom line — a big change from HR’s early days of basic data entry. In the very near future, the role of…
Read MoreLBi HR HelpDesk Tips and Tricks – Extracting Data From Reports
All good Help Desk report writing tools offer multiple data sorting and filtering options, providing the user with the specific view they require for a specific report. But what if the resulting report presents some extraneous data, or possibly is missing desired data points that may not be included in that particular report template? Novice…
Read MoreApplying Sabermetrics to Any Business
Have you seen the movie Money Ball, starring Brad Pitt? The premise of the film was that one baseball team (Oakland A’s) made a decision to use advanced statistical analysis methods to best evaluate the capability for players to contribute to winning games. In 2002, the Oakland A’s had the third lowest team salary budget…
Read MoreBig Data Analysis for the Rest of Us
Ok, we have all heard about Big Data. But we leave the techie stuff up to our highly skilled IT folks, in order to tame those massive volumes of information so we neophytes can make sense of it all. Enough has been written about the value of Big Data, so we won’t repeat the obvious…
Read MoreHR Help Desk Analytics: A Webinar Showing Real Use of Big Data and KPIs
Discover how Human Resources Help Desk analytics can transform your organization. On June 3rd LBi Software will host a webinar demonstrating the power of HR Help Desk Analytics and Big Data. The benefits of implementing an HR Help Desk and Employee Self Service Knowledge Base solution are many, including fewer calls into HR, consistent adherence…
Read MoreKey Performance Indicators Enhance HR Help Desk Value
The benefits of implementing an HR Help Desk and Employee Self Service Knowledge Base solution are many, including fewer calls into HR, consistent adherence to corporate policies, greater employee satisfaction, and many more. However, a robust, well-designed and mature solution can provide even greater value through powerful analytics that use key performance indicators. Key performance…
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