In anticipation of HR Technology Conference and sessions of Women in HRTechnology, we recently sat down with John Pensom, our CEO and Co-founder, to quickly talk about the state of Diversity and Inclusion in the workplace, and how data and analytics will help organizations measure up.
While your top line diversity and inclusion metrics can be many things - interesting, pride-inducing, or even downright disappointing - it's what lies beneath the surface that is most important, and most actionable.
This means going beyond your legislative reporting requirements, and also means going beyond the capabilities of your HR system's embedded reporting.
For this, you need to be able to perform segmentation, trend analysis, and have powerful filtering capabilities to discover your Diversity & Inclusion (D&I) data across the dimensions that matter.
And you can only do that in a business intelligence platform connecting data from multiple systems with HR- and D&I- specific reports, dashboards, scorecards, and analytics.
For instance, looking at turnover for those in their parenting years, specifically women who are in management, have received continual promotion or are part of a High Performance stream, can shed a lot of light into HR programs, benefits and the ongoing sentiment towards progressing with your company while balancing family and work life.
Another example, might be digging into compa-ratios and market-ratios by ethnicity. Add in some aspects of individual performance or performance outcome - and this will give you the facts.
Lastly, how about connecting the dots between candidate D&I data and your overall needs, plans and goals from an AA/EEO or D&I perspective? You need to know if your candidate pipeline is progressing you in the right direction.
That is only a brief introduction to what evidence-based HR data can do to improve your D&I. Check us out at the HR Tech Conference for more stimulating dialogue, and make the leap towards making impactful business decisions. Booth 955 is where the action at!
Interested in seeing Diversity, Inclusion and Compensation Analytics in action? Watch this short video below.