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How Measuring People Data Boosts Bottom Line Results

In the age of a data-driven world and workforce, HR is in a distinct position to leverage this company data and make sure that their business can remain competitive, innovative, and relevant.

Beyond just using this data for measuring rates of turnover, HR departments can now be tasked with using big data for evaluating business variables in a way that can increase revenue and identify opportunities or liabilities.

Using better metrics and reporting, organizations can create more immediate value that is both sustainable and that puts foundations in place for future growth. In the pursuit of such goals, detailed below are three categories in which this use of big data and analytics can help your business not only survive, but to thrive.

Strategic Recruitment, Hiring, and Retention

With a survey from Conference Board ranking human capital as the top challenge for global CEOs and those in leadership positions, this is, by far, what has the highest impact on profit and corporate revenues. With the vast number of applicants and potential hires being, at times, challenging to sift through, it can be a daunting task to find the best fits for your company. Luckily, big data’s strength lies in its future casting and predictive analysis.

Through the combined use of recruiting data and deep-learning algorithms, the candidates that are most likely to do well and have the highest positive impact on profit and workplace culture can be more easily identified. By having well-designed recruiting systems in place, a company can attract these top innovators and provide the tools and/or support needed to help them succeed in their jobs.

Data can now help HR quantify the impact of any new hires and see exactly how it relates to productivity and the bottom line of any business. The positive effects of these new hires will inevitably increase how a business can become faster and more adaptable to any changes in strategies or the market they are competing in.

To make sure to keep retention rates high for new recruits and current employees, predictive analytics can play a measurable role in aiding a company. For example, these analytics can measure and determine which employees are most at risk of leaving based on various key factors, or when mass retirements could occur.

Streamlining People Development and Management Problems

As HR is ultimately responsible for productive and successful employee relations, a company will find itself looking for new ways in which to maximize efficiency, increase speed of current workers, and find innovative paths to influence the outcomes of various projects while maintaining good employee communication, culture and teamwork. One of the ways in which analytics can be useful in this way is through an improvement in development and training processes. This of course saves time and creates a more productive environment.

Through the quantifiable use of numbers and data, managers can understand the positive effects of putting new programs, like for recruitment, into practice. Having numbers and hard data is a compelling argument in most cases, and managers become more likely to implement these findings.

Data can also be helpful when identifying the various unseen causes of people management problems within a company. Once identified, the true problems and causes of them can be addressed and solutions can be found quickly, saving time.

Connecting HR Data to Business Revenue and the End Results

Using data driven technologies, companies can reveal certain workplace factors that can promote organizational speed and innovation among employees. This would then decrease the amount of time it takes to finish important projects, allowing finished products to be put out to market or implemented faster.

When putting this new-found HR data into practice, it can allow the CEO and other business executives to pinpoint which HR programs are having the highest impacts for the company. This is good for several reasons; it can help more accurately distribute a HR budget and staff, and it can help to identify which programs or tools are NOT working.

When an HR department uses the proper analytics and metrics, they can more effectively share data and interact with all other business functions within a company. When transparency like this is leveraged properly, the needs and services that are required in other business functions is more visible. This can then allow HR to focus in and provide better support and action where needed.

To bring it full circle back to the importance of good recruitment and hiring, evaluating the percentage of improvement in new hire performance multiplied by the annual revenue per employee, a company can realize a significant and positive impact to their bottom line.

As businesses continue to grow and serial innovation becomes necessary, data driven HR is one of the most underutilized frontiers out there that must be taken advantage of. Once these analytic capabilities are adopted, it can help deliver higher rates of efficiency, strategic change, and give you the edge needed in order to achieve your goals.

Allowing HR to catch up with other departments who have long since adopted big data, HR can now measure the progress towards a business objective, be strategic about hiring and recruitment, and use this data to stay informed about specific workforce decisions and critical trends that will allow for better programs that will increase productivity and revenue.

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When we usually think about moving, we get panic because it’s something tough. We don’t like it certainly as packing and then settling it again is tough. So, in that case, one really needs to get prepared for the same. Coming to the move of your wall clock they can be easily damaged during transport. They are delicate and difficult to move. Talking about the clock with a pendulum or a moving a wall clock it becomes an even difficult proposition. Securing the pieces in place is not the only requirement. Some extra steps are required so as to protect against breakage and damage. Given below are details on it.

Disassemble for Best Results

The first thing you need to do for a proper move is to disassemble for the best results. First thing you can opt is to remove any weight which is one at a time and then pack them in protective material such as an old sock or bubble wrap and label the position of each one so that once you open you remember it. Lift out the pendulum and pack it safe and sound for the move. Do not tape or wrap the pendulum in a place where it is likely to get damaged while transporting. Next is you need to secure the hands by placing a sheet of bubble wrap in between them and the face of the clock? Use painter's tape if required so as to hold the bubble wrap in the proper place. Remove any glass if it is not glued or basically not fixed in place, or remove the door if the glass is glued at the right place. If the door cannot be removed, you need to put a piece of bubble wrap between the door and the clock hands so that they do not hit each other while transporting. Next is you need to take out the batteries and pack everything in different boxes? Wrap the clock in a sheet of plastic or a heavy-duty plastic bag if you are going to make use of the loose packing material. This keeps pieces which are packed out of the clock mechanism and they are safe to go.

Opt for a professional mover

Things like pendulum wall clock or some delicate wall clocks are tough to pack. In that case, you can best go is call a professional mover. They know how to detach the parts plus they even know how to pack each part separately. They would even transfer it in the best possible way without resulting any scratch on it. So if you are unaware of how to pack, don’t think much and call the movers for the best experience.

Thus to conclude moving of things such as wall clock is tough as they are delicate plus as being fancy items they are not moderately priced. So you need to see that you do it carefully or ask for the best possible professional for doing the needful. Moving a wall clock is usually a part of the relocation package that the moving company offers you. Just make sure you ask the company about this inclusion and rest is up to the movers.

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