Unlock the power of your people through data
A number of complex, paradoxical changes are impacting the workforce at the same time, leaving many organisations uncertain and unprepared for the future of work.
Despite large transformation efforts and investments in technology, organisations and economies are not necessarily seeing this translate into improved productivity.
Talent is becoming scarcer, workers with desired skills require more than just financial rewards. Employees are experiencing stress and fatigue at unprecedented levels, finding it harder than ever to be productive.
Recent trends towards hybrid and remote working are further accelerating the move towards using a flexible talent ecosystem where workers move in-and-out of different arrangements with organisations – such as regular employees, fully remote workers, contingent workers,
These complex changes to the workforce require a fundamental shift in thinking.
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Unlock the power of your people through Saratoga Impact
Data-driven insights are critical
In order to make this shift, data-driven insights about the workforce are essential. Without an understanding of their readiness to transform, organisations cannot begin to understand and prioritise the changes required.
While many leaders understand the importance of data-driven insights, they may struggle to understand which data and insights they should use. In the noise of data, technology and tools, where every provider has an ‘Analytics solution’, which insights should organisations start with?
PwC’s Saratoga Impact benchmarking tool is a free-to-use tool and a robust database of people and functional performance metrics.
Such benchmarking insight is critical in understanding the effectiveness of a workforce strategy - and can provide evidence for a case for change - which can include a range of opportunities for technology implementation, policy review or full human resources (HR) transformation.
Saratoga Impact is a workforce and HR benchmarking solution
Saratoga Impact is a free-for-participants benchmarking offering. Provide your data aligned to the four areas of impact and in return receive a benchmarking report comparing your results to our global benchmarks as well as an industry peer group. It is broken into four content modules:
- Shape and Size: what is the hierarchical shape of the organisation?
- Build vs Buy: what is the proportion of external hires to internal promotions?
- Talent Ecosystem: How are independent contractors and supervised workers used?
- Productivity: What is the return on investment for resources spent on employees?
- Cost Out Transformation: What is the spend in each function and where are the opportunities for efficiencies?
- Gender diversity: What is the gender diversity profile across the entire workforce at each level?
- Broader diversity:What are the priority areas for diversity, and what is the organisation doing to create lasting change?
- ESG practices and incentives: Is executive performance measured against Environmental, Social and Governance (ESG) criteria?
- Moments that matter: What are the organisation's relative strengths and weaknesses, and are they consistent with the stated Employee Value Proposition (EVP)?
- Reward: Does the organisation reward employees through learning, progression and pay?
- Support: Does the organisation support the health and wellbeing of employees?
- Engagement: Does the value proposition translate into engaged employees?
How Saratoga Impact works
Upon registration we will send you a data submission kit which will include a data capture form, a comprehensive data dictionary, technical FAQs and access to our helpdesk for any technical questions you may have.
We also have a technical team available to support you with any technical or legal questions you may have regarding the use and storage of your data. Please note that we do not require individual employee level data to be submitted and we don't publish benchmarks where specific organisational results can be identified by third parties.
Participating organisations can rely on PwC's data quality based on our rigorous definitions, data collection guide and quality assurance process. In addition, participating organisations benefit from over 40 years of experience on what and how to measure the things that matter most. All data will be securely stored and processed to PwC’s standards.
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Alastair Woods
Joint Global Leader, People Analytics, PwC United Kingdom
Tel: +44 (0) 78 3425 0359
