{"id":104518,"date":"2024-02-27T06:17:13","date_gmt":"2024-02-27T14:17:13","guid":{"rendered":"https:\/\/www.betterworks.com\/?page_id=104518"},"modified":"2024-07-30T03:36:29","modified_gmt":"2024-07-30T10:36:29","slug":"people-analytics-roi-to-build-or-to-buy","status":"publish","type":"page","link":"https:\/\/www.betterworks.com\/people-analytics-roi-to-build-or-to-buy\/","title":{"rendered":"People Analytics ROI: To Build or To Buy"},"content":{"rendered":"

[et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” use_background_color_gradient=”on” background_color_gradient_stops=”#0089ab 0%|#4dc6d1 81%” background_color_gradient_start=”#0089ab” background_color_gradient_end=”#4dc6d1″ background_color_gradient_end_position=”81%” background_enable_image=”off” module_alignment=”left” custom_margin=”0px||||false|false” custom_padding=”15px||30px||false|false” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”1_2,1_2″ custom_padding_last_edited=”on|phone” _builder_version=”4.16″ _module_preset=”default” custom_margin=”||15px||false|false” custom_padding=”|||100px|false|false” custom_padding_tablet=”|50px||50px|false|true” custom_padding_phone=”|5px||5px|false|true” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text content_tablet=”<\/p>\n

What Employees Want From Performance Management Technology<\/h1>\n

” content_phone=”<\/p>\n

What Employees Want From Performance Management Technology<\/h1>\n

” content_last_edited=”off|desktop” _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”80px||10px||false|false” custom_margin_tablet=”0px||21px||false|false” custom_margin_phone=”0px||21px||false|false” custom_margin_last_edited=”on|desktop” global_colors_info=”{}”]<\/p>\n

People Analytics ROI:
To Build or To Buy<\/b><\/h1>\n

[\/et_pb_text][et_pb_text content_tablet=”<\/p>\n

Having the wrong technology hurts companies more than having no technology at all when it comes to engagement, strategic alignment, productivity, and working on the right tasks.
\n <\/span><\/h3>\n

” content_phone=”<\/p>\n

Having the wrong technology hurts companies more than having no technology at all when it comes to engagement, strategic alignment, productivity, and working on the right tasks. <\/span><\/h3>\n

” content_last_edited=”off|desktop” _builder_version=”4.21.0″ _module_preset=”default” custom_padding=”||0px|||” global_colors_info=”{}”]<\/p>\n

3 Approaches to Deploying
Your Analytics Dashboard<\/span><\/h3>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/www.betterworks.com\/wp-content\/uploads\/2024\/02\/AA-BuildvsBuy-Thumb.jpg” alt=”eBook graphic – increasing trend chart” title_text=”AA-BuildvsBuy-Thumb” align=”center” _builder_version=”4.21.0″ _module_preset=”default” width=”65%” width_tablet=”70%” width_phone=”70%” width_last_edited=”on|phone” custom_margin_tablet=”50px||||false|false” custom_margin_phone=”40px||||false|false” custom_margin_last_edited=”on|desktop” border_radii=”on|12px|12px|12px|12px” global_colors_info=”{}” width__hover_enabled=”on|desktop” width__hover=”65%”][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” background_color=”#F2F2F2″ background_enable_image=”off” module_alignment=”left” custom_margin=”0px||||false|false” custom_padding=”15px||90px||false|false” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”3_5,2_5″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”15px||||false|false” custom_margin_tablet=”0px||||false|false” custom_margin_phone=”0px||||false|false” custom_margin_last_edited=”on|tablet” custom_padding=”5px||5px||true|false” global_colors_info=”{}”][et_pb_column type=”3_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text ul_item_indent=”50px” content_tablet=”<\/p>\n

How can companies create a better employee experience, retain talent, and deliver the outcomes they need to thrive?<\/strong><\/p>\n

We surveyed thousands of employees and managers across the US and UK to create a comprehensive picture of how employees are thinking about their experience of work, their plans to stay or go, and how their employers are supporting their growth and success.<\/p>\n

Key findings include:<\/p>\n

    \n
  • Companies can do more to control voluntary churn<\/li>\n
  • Counteroffers can be used more effectively to retain top talent<\/li>\n
  • Employees feel trapped by rigid, out-of-date goals<\/li>\n
  • To be effective, feedback and check-ins must include a connection to both goals and employee growth plans<\/li>\n
  • Dedicated software tools are more effective \u2014 but having underperforming tools can be worse than having no tools at all<\/li>\n<\/ul>\n

    Overall, we found when companies provide a model of performance management inclusive of regular check-ins, continuous feedback, and agile goal setting, they are best positioned to support employees in the ways that matter most to them. Download the report to learn more about how you can enable great performance.<\/p>\n

      <\/ul>\n

      ” content_phone=”<\/p>\n

      How can companies create a better employee experience, retain talent, and deliver the outcomes they need to thrive?<\/strong><\/h3>\n<\/p>\n

      We surveyed thousands of employees and managers across the US and UK to create a comprehensive picture of how employees are thinking about their experience of work, their plans to stay or go, and how their employers are supporting their growth and success.<\/p>\n

      Key findings include:<\/p>\n

        \n
      • Companies can do more to control voluntary churn<\/li>\n
      • Counteroffers can be used more effectively to retain top talent<\/li>\n
      • Employees feel trapped by rigid, out-of-date goals<\/li>\n
      • To be effective, feedback and check-ins must include a connection to both goals and employee growth plans<\/li>\n
      • Dedicated software tools are more effective \u2014 but having underperforming tools can be worse than having no tools at all<\/li>\n<\/ul>\n

        Overall, we found when companies provide a model of performance management inclusive of regular check-ins, continuous feedback, and agile goal setting, they are best positioned to support employees in the ways that matter most to them. Download the report to learn more about how you can enable great performance.<\/p>\n

          <\/ul>\n

          ” content_last_edited=”off|desktop” _builder_version=”4.21.0″ _module_preset=”default” ul_text_align=”left” max_width=”580px” custom_margin=”|10px||80px|false|false” custom_padding=”|0px|0px|22px|false|false” module_alignment_tablet=”” module_alignment_phone=”center” module_alignment_last_edited=”on|phone” global_colors_info=”{}” content__hover_enabled=”off|desktop”]<\/p>\n

          In an era where understanding your workforce goes beyond a basic need and becomes a strategic imperative, the decision to build or buy your people analytics solution is more critical than ever. With the <\/span>People Analytics ROI: To Build or To Buy<\/span><\/i> guide, you’re not just choosing a tool but setting the foundation for strategic HR and business-wide decisions that maximize workforce value.<\/span><\/p>\n

          In this guide, you\u2019ll discover three distinct approaches to deploying your people and performance analytics dashboard:<\/span><\/p>\n

            \n
          • Build from scratch leveraging internal expertise<\/span><\/li>\n
          • Adopt a generic BI tool for a broader application<\/span><\/li>\n
          • Use a purpose-built people analytics tool designed for HR excellence<\/span><\/li>\n<\/ul>\n

            Explore the considerations, potential ROI, and the path that aligns with your organization’s unique needs and goals. HR and HR technology leaders facing the challenge of making informed, data-driven decisions swiftly will gain:<\/span><\/p>\n

              \n
            • A comprehensive comparison of building vs. buying analytics solutions<\/span><\/li>\n
            • Key considerations including technical expertise, cost, and integration capabilities<\/span><\/li>\n
            • Insights into maximizing ROI and leveraging analytics for strategic decision-making<\/span><\/li>\n<\/ul>\n

              Learn how to unlock the full potential of your workforce with advanced analytics.\u00a0<\/span><\/p>\n

                <\/ul>\n
                  <\/ul>\n

                  [\/et_pb_text][\/et_pb_column][et_pb_column type=”2_5″ _builder_version=”4.16″ _module_preset=”default” border_width_left=”3px” border_color_left=”#0089ab” border_style_all_tablet=”none” border_style_all_phone=”none” border_style_all_last_edited=”on|desktop” global_colors_info=”{}”][et_pb_text content_tablet=”<\/p>\n

                  Download the eBook<\/h3>\n

                  ” content_phone=”<\/p>\n

                  Download the eBook<\/strong><\/p>\n

                  ” content_last_edited=”off|desktop” _builder_version=”4.21.0″ _module_preset=”default” custom_padding=”|||3rem|false|false” custom_padding_tablet=”|||50px|false|false” custom_padding_phone=”|||5px|false|false” custom_padding_last_edited=”on|desktop” module_alignment_tablet=”center” module_alignment_phone=”” module_alignment_last_edited=”on|tablet” border_style_all_tablet=”none” border_style_all_phone=”none” border_style_all_last_edited=”on|desktop” global_colors_info=”{}”]<\/p>\n

                  Get Your Guide<\/h3>\n

                  [\/et_pb_text][et_pb_code admin_label=”Code” _builder_version=”4.21.0″ _module_preset=”default” custom_padding=”|3rem|50px|3rem|false|true” hover_enabled=”0″ border_color_left=”#0089ab” border_style_left=”none” border_style_left_tablet=”none” border_style_left_phone=”none” border_style_left_last_edited=”on|desktop” global_colors_info=”{}” sticky_enabled=”0″]