In our exclusive interview with Mr. Dietmar Eidens (Global CHRO at Merck) and Mr Alexis Saussinan (Global Head of Digital HR Technologies & People Analytics at Merck), Merck shares the do’s and don’ts and lessons learnt from their impressive People Analytics and People Data & Technology journey. We launched this white paper around People Analytics strategy best practices which hopefully helps you to create an even more powerful People Analytics capability in your own company.
People Analytics is not (only) about HR, it is about the business and how workforce data can support and enable the execution of the company strategy from a people angle. It enables HR to shift from the traditional - more operational and scorekeeping - function to becoming a strategic business partner.
Which employees are most likely to leave your organisation and how can you reduce that likelihood? When looking at absenteeism due to sickness and staff turnover, we examine your data and compare it to that of other organisations. We link the figures to data on, for example, employee satisfaction and your employee training programmes. Together with you, we then translate the insights gained from the analysis into concrete prevention measures and measurable targets.
What is the proportion of male to female employees in your organisation and in several function levels ? With our diversity tool, we provide you with insight into topics such as the gender pay gap and the feasibility of a women's quota. We visualise the relationships and use statistical analysis to provide in-depth explanations for the differences. Following the addition of algorithms and scenarios, you will be able to see the future influence of interventions.
Our payroll analysis tool conducts an automated analysis of the data in your tax returns. This produces a dashboard with information on your workforce. For example, when will the rising age of your employees lead to employees leaving the organisation? What is the income distribution in your organisation? The tool conducts standard checks to identify exceptions that warrant investigation. Machine learning means that the tool can expose cases of fraud, for example.
Partner, Data Transformation & Analytics Leader, PwC Switzerland
Tel: +41 58 792 13 96