Is your workforce evolving with your business needs? If not, you need a data-driven workforce strategy. This is a workforce plan built on real-time industry data and trends. It influences how you hire, retain, and train your workforce. At Revelio Labs, we provide workforce intelligence software that combines data from hundreds of millions of public employment records to emerge a universal HR database.
Every business leader desires to achieve greater goals and grow their business. Achieving such success needs you to apply apt workforce intelligence tools. These tools help your business get the right employees with the right skills. For workforce planning to be successful, observe the following key elements:
Are you looking to leverage modern workforce intelligence software? Revelio Labs is a perfect solution. We absorb and standardize hundreds of millions of employment records to create a universal HR database. The benefits extend beyond the HR department. You can use our lab to benchmark or compare your organization with competitors.
Humans are the driving force behind company success. It can be difficult to determine the employee makeup of a company. At Revelio Labs, we have pioneered workforce data software to quickly predict workforce composition and unify employees and job titles. Our technology takes workforce dynamics beyond the scope of human-based HR databases.
Are you looking to understand the trends that lie behind a company? Today’s workforce data can be difficult to interpret. Here, we take a look at Figma, a collaborative software company for designers, and its CEO, Dylan Field:
We've combed through our data and given all the insights and details and created a full labor market analysis.
Are you an asset manager or business looking for more unique ways to address your workforce challenges? As you look for workforce data options, look to those that help your business stay ahead. By making factors like these a priority, you'll be on track to transform your business functions.
If you own a business or have employees, you may want to consider using workforce intelligence software. This software looks at employee patterns and helps businesses make data-driven decisions. In addition, workforce intelligence software also compiles and analyzes information from employee surveys. If your employees and workforce are a crucial part of your business plan, then the importance of this software cannot be overstated. Most companies know and understand the importance of financial metrics, but they don't measure anything else. However, looking at other metrics can help you improve your business and succeed in other ways. This blog post describes how this software can help you succeed as you manage your business and employees. To learn more, read on.
Workforce composition plays a significant role in aiding the progress and growth of business organizations. The introduction of workforce intelligence software has made it easier for companies to improve their work patterns. As a result, innovation, competency, and productivity have been inevitable in the firms.
Most businesses possess a clear understanding of what a quality workforce entails. Some workforce characteristics that come to mind are superior technical capabilities and effective communication, but those are not absolute. The features often vary depending on the industry a business operates. Utilizing workforce data is invaluable to knowing areas that need strengthening.
Data analytics is fundamental for modern businesses, and there are various tools for gathering and analyzing different types of data. From workforce intelligence software to predictive and prescriptive tools, companies can leverage analytics tools for decision-making insights. Here's an overview of the five major kinds of data analytics tools, how they are used, and their merits:
Workforce intelligence is crucial to the growth of any organization. You can know the workforce intelligence in your business by collecting the workers’ data. When gathering the workforce data, you have to consider the behaviors and patterns of the workers to help you create effective strategies and plans to grow your business. The data you collect will give you better and more comprehensive insights into your staff.
Most HR teams acknowledge the resourcefulness of workforce data and trends. Keeping track of the changes and new developments is vital for workforce intelligence and decision-making. For HR teams, the goal is to collect and analyze the right metrics for insights about workforce trends and other mission-critical aspects. Here’s why HR should track workforce changes:
Businesses recognize the resourcefulness of workforce intelligence and analytics drawn from employee records. Nearly all companies have an internal HR database, the lifeblood of the department. Human resource databases store employee personal, financial, and performance information. They also hold recruitment data and various other critical records.
Employee questionnaires generally provide workforce Intelligence, a trending phenomenon among modern businesses. Managers, HR, or investors can use the collected data to gauge performance and satisfaction around policies, strategies, leadership, and more. The best employee questionnaires target specific issues that may need to be addressed.
The price of bitcoin rose by more than 400% this year, and cryptocurrencies, in general, rose 6 percent against the dollar amid COVID-19 – thanks to growing interests from mega investment firms. As a workforce intelligence software, Revelio Labs is always interested in fascinating developments such as these and how it may affect the workforce.
COVID-19 has had devastating impacts on economies worldwide, but some businesses are thriving during the pandemic. This article highlights some of those brands that continue benefiting from a tumultuous 2020 and how workforce intelligence may have played a role.
In today’s digital age, it is more important than ever to be aware of what rights you have regarding data collection. Whether you are an employer, team member, or customer, it is essential to protect workforce data using proper storage techniques.
You can leverage workforce data to make your company stand out in the job market. Software like workforce intelligence helps you analyze and target applicants. Specifically, this software will target individuals that are well-suited for the position for which you are hiring. You can use workforce data to collect different data sets, which can help you make the workplace a more productive environment.
If you are looking for an effective way to track productivity in the workplace, then it is time to consider workforce intelligence software. This type of software has endless ways to help you track productivity and choose the most eligible and promising job applicants. Over time, this software can save your company money on the entire hiring process.
Are you looking to jump-start a new career but feel overwhelmed by the current job market? Frequently, potential employers that are looking to fill a position will have long and detailed applications. Often, these applications will also contain quizzes or questionnaires. These platforms utilize data from workforce intelligence software.
If you are an HR specialist, perhaps you have heard of workforce intelligence. This software is available to companies in software-as-a-service (SaaS) format, and many take advantage of its amazing qualities. Not only does this software allow companies to gather specific data sets easily, but it also makes quickly interpreting that data possible.
Examining the talent within a company can help investors and other organizations assess environmental responsibility. That’s something made possible by the workforce intelligence data provided by Revelio Labs. To illustrate the importance of environmental responsibility, let’s take a look at Apple.
There’s tremendous value in understanding your workforce. Financial metrics provide results of the output but can’t truly tell hedge fund managers why plus how to make the organization more efficient and productive. That information lies in analyzing workforce data.
When it comes to the health care industry, many companies today have to deal with constant changes. No matter your background, it's crucial to seek workforce intelligence (WI) options that help you research the needs of workers. This ensures that you have the right plan in place to create the best workplace for all.
Human resource teams have many uses for big data, which is the core of modern workforce intelligence. The challenge is to find effective ways to convert the data into actionable insights for the business. Unfortunately, most HR teams are yet to explore workforce intelligence fully.
COVID-19 impacts will be felt long after the pandemic is gone. However, the goal is to leverage workforce data even as businesses look to revamp and recover from the dynamics that left many workplaces deserted.
Even before the onset of the COVID 19 pandemic, the number of Americans working remotely was increasing. Now, workforce data shows about 16% of companies entirely rely on remote workers.
The best-performing companies have invested in workforce data and analytics to help human resources get comprehensive insights into the employees. Employees are the best assets for any business. Companies are therefore competing to remain relevant in the market by investing in competitive human resources. Despite this, HR still faces some challenges today.
Employee surveys are a source of vital workforce data the company can use to reform its leadership styles and improve morale. According to studies, 50% of employees are less than truthful in their survey feedback. There's no way to guarantee the accuracy of the responses, and employees may lie about their position and managers in fear of losing favor or their job.
A company's leadership responsibility is to balance organizational needs with employee needs. Businesses are also beginning to realize the resources of leveraging workforce intelligence to help outperform competitors. Below is an overview of how comparing your company to other similar companies can increase your competitive edge.
Are you someone who is looking for workforce intelligence (WI) options that help provide the best experience for your workers? Whether you're an asset manager or an enterprise, it's crucial to research the needs of employees. This will ensure that you have the right plan in place to create the best workplace for everyone.