Data is now the most valuable resource in the world. Not oil, gold, diamonds or that comic book collection you own. There is so much opportunity to take this unmined data and put it to work for not just the human resources department, but for the entire organization. With a business intelligence (BI) tool, HR can gather data from sources such as; compensation data, hiring trends, turnover rates, termination, time and labor, yearly reviews, employment surveys and more. With information gathered and analyzed, you can pinpoint any areas within your human capital that need improvements. Creating an atmosphere of efficiency and tackling problems head on can do wonders for your organization. For more information on how you can utilize BI, download the whitepaper now.
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