Trends in Workforce Analytics - including the latest results from PwC Saratoga's US Human Capital Effectiveness Report - May 6, 2014

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Webcast By US tax services

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Tuesday, May 6, 2014
2:00pm - 3:30pm EST

Business leaders recognize that talent is a critical enabler to achieving their business strategies, and recognize that better information about their workforce is mandatory for decision making. Improving workforce analytics capabilities enables HR organizations to address leadership's need for robust information. Saratoga benchmark results for 2014 suggest, however, that real improvement opportunities still need to be made for most organizations:

  • High performer separation rates are at their highest levels in the last 10 years
  • Revenue per FTE has gone up by 9.1% compared to 2013 but labor cost as a percentage of revenue has remained relatively stable
  • First year of service turnover is back to pre-recession levels

Companies with robust Workforce Analytics capabilities can leverage tools such as predictive models for selection, operational workforce plans to improve labor cost control, and an integrated approach to employee surveys to generate deeper insight.