RAMEX HR ANALYTICS SOLUTIONS
Transcript of RAMEX HR ANALYTICS SOLUTIONS
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GRAMEX HR ANALYTICS SOLUTIONS
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HIGH COST OF REPLACING EXISTING HRMS INFRASTRUCTURE
ReplaceExistingHRMSInfrastructuretoachieveAnalytical
capabilities
Lowercost ofonboardinganalytical
capabilities
Highcost ofreplacingexistingHRMSInfrastructure
7 out of 10 HRMS replacements happen to achieve integrated analytics capabilities
HRMS Replacement is both costly and time taking activity and can take millions US$ and 1-2 years
for end to end execution
Integratedanalyticalcapabilities
Highfrequencydatarefresh
Pros
HighCostofImplementation
HighImplementationTimelines
Cons
EmbeddingadditionalanalyticallayerontopofexistingHRMSInfrastructurewillhavebetterreturnoninvestment
andturnaroundtime
OPTION1
AdditionalAnalyticsLayerontopofexistingHRMSInfrastructure
LowerCostofImplementation
LesserImplementationTimelines
Pros
LimitationsinavailabilityofdatafromexistingHRMS
Limiteddatarefreshfrequency
Cons
OPTION2
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EMBED ANALYTICS LAYER ON TOP OF EXISTING HRMS INFRASTRUCTURE
IntermediateDataStagingLayer
GramexPlatformEnabledHRAnalyticsApplications
HRManagementSystems
RecruitmentSystems
PerformanceManagement
Systems
OtherSystems–Payroll,Muster
ExistingHRMSSetup
HRMSUsers/Admin AnalyticsUsers
AdditionalAnalyticsSetup
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DELIVERING BUSINESS VALUEHR ANALYTICS USE CASES COVERAGE
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HR ANALYTICS USE CASES – AREAS COVERED
EmployeeOnboarding
Recruitment
Howisthehiringpipeline?
WorkforcePlanning
Whathiringstrategyisworkingwell?
HiringChannels
Whichchannelsareperformingwell?
TalentAnalytics
Whatarethedriversofproductivity?
Comp&Benefits
Whatisthecurrentstandards?
SkillMapping
Howdowematchskillsetstoroles?
AttritionAnalytics
Areweabletoretaintherighttalent?
AlumniAnalytics
Howarealumnidoingafterexit?
ReplacementAnalytics
Whatdoesitcosttoreplaceworkforce?
EmployeeDynamics
EmployeeExit
EmployeeLifecycle
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EMPLOYEE ONBOARDING - RECRUITMENT
Business Context: A leading retail bank in India, wanted to evaluate its hiring pipeline and different dependent metrics for evaluating therecruitment process.
Gramener Value Proposition: Gramener captured data from different source systems and designed a recruitment dashboard for the bankwith deep-dive capabilities to analyze the efficiency of the recruitment process across different stages.
Business Value Generated: Bank’s HR team was able to swiftly identify areas where the key metrics (offers to acceptance or offers tojoining) were not performing well. They were also able to evaluate the sourcing quality of the candidates.
Lowinitialshortlistrepresentslowsourcing
quality
Lowofferstoacceptanceandjoiningrepresents
effortloss
Source1
Source1
Source3
BankInterviewData
PartnerInterviewData
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EMPLOYEE DYNAMICS – TALENT ANALYTICS
Business Context: A leading insurance company in India, wanted to evaluate its learning and development initiatives towards the salesforceand correlate the same against business productivity growth.
Gramener Value Proposition: Gramener created a productivity index and designed a Learning & Development dashboard for the companywith deep-dive capabilities analyze the productivity benefits achieved against the L&D efforts spent.
Business Value Generated: Company’s L&D team was able to swiftly identify areas where the effort spend against the L&D initiatives iscorrelated to enhanced business productivity or otherwise.
Aproductivityindexwascreatedusingmultiplebusinessmetrics
HighLearningEffortLowProductivityGrowth
HighLearningEffortHighProductivityGrowth
LowLearningEffortLowProductivityGrowth
LowLearningEffortHighProductivityGrowth
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EMPLOYEE EXIT – ATTRITION ANALYTICS
Business Context: A leading retail bank in India, wanted to evaluate its state of attrition across the organization by different parameters
Gramener Value Proposition: Gramener designed an attrition dashboard for the bank with deep-dive capabilities across geography, roles,grades etc. to analyze the state of attrition across the organization
Business Value Generated: Bank’s HR team was able to swiftly identify areas of concerns, if any particular grade, group, role or talent groupwas having relatively high attrition and take respective action.
SizeofthebubblerepresentthenumbersofexitsandcolorrepresentsAttrition%.
Identifyanyrole,whichmightbefacingtalentattrition.
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OPERATIONS CAPACITY PLANNING MODULE
CurrentPendencyagainsteveryteam
ProjectedNewAllocationsbetween
currentdateandDec-10
AvailableManHoursconsideringavailabilityof
resources
AverageProductivityasperhistoricaltrends
Demand:CurrentPendency+ProjectedAllocations
Supply:AvailableManHours*AverageProductivity
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Problem Approach Outcome
ATTRITION PREDICTION FOR A FINANCIAL INSTITUTION
Aleadingfinancialinstitutionwasfacinganacuteproblemofemployeeattrition attherateof20%everyyear.
Theclientwantedtounderstandkeydriversofattritionandsegmentouthighonattriteriskemployees
HRrelateddatalikeemployeedemographics,performanceratings,compensation,gradeswereanalyzedforcorrelationswithattrition.
DecisionTreesandLogisticRegressionmodelshelpedassesscausalrelationshipofemployeeattributes
EmployeesweresegmentedintoHigh/Medium/Lowclustersbasedonattritionprobabilities
In-depthanalysisofemployeeleveldataandanalyticalmodelshelpedbusinessplanemployeeinitiativestoretaintoptalent
HR
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• Modelswithunderstandablebusinesssensehavebeendeveloped.• ModelsincludedRatings,ManagersandCompensationsassignificantcontributingfactors.• Datadrivenapproachforidentifyingthehighpotentialemployeeshavebeendeveloped.• Usingthemodel,attritionriskforallthecurrentactiveemployeeshasbeenpresentedtotheclient.• Basedonthisengagement,clientnowhasabetterunderstandingonthefactorsresponsibleforattritionintheir
companyandusingthemodeloptimalretentionisplanned.
Datasources,AttritiontrendsandModel
PredictiveModel
ATTRITION PREDICTION: OUTCOMES
HR
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ATTRITION PREDICTION: PROCESS INFOGRAPHIC
HR
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Problem Approach Outcome
REPLACEMENT COST ANALYSIS FOR AGLOBAL BPO COMPANY
Internalandexternalattritionledtohighreplacementcost forpersonnelforaglobalBPOorganization.
Thetaskwastoidentifyareasofhighreplacementcosts,toallowdeliberatefocusontheseareas
Gramener’sDataExplorerproducthelpsfocusonproblemareasvisually.Thedatasetwasuploadedandconfiguredonthesystem.Withinhours,insightsemergedonthemainproblemareas
Thevariationinreplacementcostwassignificantacrossareas.Surprisingly,themagnitudeoftheproblemwashigheratseniorlevels despitethelowernumberofpersonnelandchurn.Withoutthisanalysis,thefocuswouldhavebeenonjuniorlevels.
HRVisualization
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14HR
LINK
Visualization
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RECRUITING BASED ON PERFORMANCE DRIVERS
AlargeGovernmentorganizationconductsanassessmentusedforrecruitmentpurposes.Theirquestionwas:whatdemographicandbehavioraldriversaffectperformance?
Ourassessmentsolutionusesmachinelearning todeterminewhichfactorshavethestrongestinfluenceonanoutcome.
Forexample,thetablealongsideshowsthatthecollegeandprevioussalaryarethebestpredictorsofoverallperformance.
Whileexperienceisnotastrongfactor,itisagoodpredictorofcommunicationability,andmoderatelyofclosure.
Numberofjobhopsisastrongindicatorofinitiative.
Thisallowedourclientto:• Increaseconversionratio 2.4times• Filltargets40%faster• Hirecandidateswhosepost-employment
performancewasbetter
Anonymizedsummaryoffactorsdrivingperformanceinassessment HR
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WORKFORCE ANALYTICS SAMPLE WORK
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WORKFORCE ANALYTICS DASHBOARD
Summary: Amajorretailbankwantedtodeepdiveandanalyzetheirworkforce.ThisdashboardprovidesRegion/Function/Businesswiseanalysisofattritionwithdrill-downcapabilities.
InVisionLink:Link
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WORKFORCE ANALYTICS DASHBOARD
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LEARNING & DEVELOPMENT DASHBOARD
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LEARNING & DEVELOPMENT DASHBOARD
Summary: TheInsurancewingofamajorconglomeratewantedtoanalyzetheirLearning&Developmentefforts.ThisdashboardprovidesthedetailsoftheimpactoftheL&Deffortoftheorganizationintermsofbusinessvaluegenerated.
InVisionLink:Link
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TALENT PERFORMANCE DASHBOARD
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TALENT PERFORMANCE DASHBOARD
Summary: Aglobalauditfirmwantedtochecktalentperformanceondailybasis.ThisdashboardprovidesRegion/Function/Businesswiseanalysisoftalentperformancewithdrill-downcapabilities.
InVisionLink:Link
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ATTRITION DASHBOARD
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ATTRITION DASHBOARD
Summary: Aglobalconsultingfirmwantedtocheckattritionondailybasis.ThisdashboardprovidesRegion/Function/Businesswiseanalysisofattritionwithdrill-downcapabilities.
InVisionLink:Link
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ATTRITION DASHBOARD
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ATTRITION DASHBOARD
Summary: Amajorretailbankwantedtodeepdiveandanalyzeattritionondailybasis.ThisdashboardprovidesRegion/Function/Businesswiseanalysisofattritionwithdrill-downcapabilities.
InVisionLink:Link
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CONTACT GRAMENER
5000BirchSt,NewportBeach,California92660,USA.
+19498780703
NCRArcade,2ndfloor,580/B,Sector6,HSRLayout,Bengaluru,560102
+918041225398
2ResearchWay,Floor1Princeton,NJ08540
+17323193999
9/2,2ndFloor,Survey64,HUDATechnoEnclave,Phase2Madhapur,Hyderabad500081Telangana,INDIA
040-67642100
#17-02HighStreetCentre1NorthBridgeRoadSingapore179094
+6585544054
USA USA
India Singapore
India(Headquarters)