/blog > Big Data

The quality of the talent within an organization and the ability to retain that talent provides corporations a powerful competitive advantage. Additionally, research shows that well‐trained employees are more productive, more engaged and remain loyal to the company. Therefore, it is no surprise that companies devote a lot of time, effort and money to corporate learning. According to the American Society for Training and Development, U.S. firms spent about $156 billion on employee learning and development in 2011. Although most organizations have internal training programs, for those who rely on external providers, formal training is costly and typically requires paid time off for the employee. More and more companies are utilizing online learning as a cost-effective alternative to traditional training programs for its flexible schedule, easy access to courses and more time efficient way for employees to expand their skills and knowledge. However, despite the focus on training, most companies…

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contract-management

In most organizations, HR has come a long way since the filing cabinets stuffed full of employee resumes, appraisals etc., but many systems in place today are legacy systems that simply transferred those paper processes onto a computer.  Hiring decisions may have been made based on these files, but often in isolation from any other information used by HR. For a long time job roles have been defined by HR leaders and managers to define the “ideal” profile and skill-set for particular role, but this has often been built on assumptions based on past profiles, rather than applying any serious analysis to it. The transparency revolution has greatly increased the amount of information easily available on employees and candidates, with sites like LinkedIn having millions of detailed profiles that are largely publicly searchable, so there’s plenty of data out there to start analyzing. This makes it all the more surprising…

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