In today's data-driven business environment, an analytical approach is critical to elevating HR's status to become the business partner that senior executives, risk managers, and finance need.
People Analytics has an increasingly important role in enabling HR to structure an effective benefits program.
Your employee benefits data speaks volumes about your business and employees, and provides HR with the opportunity to be an effective influencer in your organization and in the HR industry.
Employers in Asia typically collect the following types of data:
But to be effective, you need to use the right data, metrics, and analysis in order to solve the majority of your employee benefits challenges.
The cost of doing nothing has serious business implications. HR has the data needed to make a positive impact on employee benefits plans. Can you afford not to use it?
COST OF DOING NOTHING
Coming to the leadership table with data-driven recommendations enables HR to influence senior decision-makers and attract the attention and resources that HR requires to truly support the business.
How does data help HR to strike a balance between the value and cost of their benefits programs?
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