Various factors can influence company culture, and new norms can be introduced to employees anytime. As technology advances and becomes more common in today’s workplaces, organizations can specifically leverage HR data to optimize the overall employee experience and foster a strong company culture. With accurate data, HR professionals better understand who employees are and what they need and value. In turn, this can help organizations develop and foster a positive and authentic workplace culture.
HR data can improve company culture by providing valuable insights and informing strategic decisions. This article explores how to leverage HR data and achieve these goals.
HR data refers to the organizational information and metrics collected and analyzed by HR professionals. It can include various types of data related to employee performance, engagement, demographics, skills, compensation and other relevant workplace aspects. HR data can be pulled from multiple sources, such as employee records, surveys, performance evaluations, attendance tracking systems, payroll and other HR software platforms. Here are some HR data examples:
Keep in mind that employee feedback of any kind—formal and informal—also counts as HR data. For example, organizations may deploy surveys or focus groups on specific topics or initiatives to gain information and insight into how workplace efforts are being received and if they are successful. Department or team meetings may also produce helpful information for team meetings may also produce helpful information for HR professionals. Ultimately, HR data can help shed light on specific areas within organizations that may need attention or intervention.
Data can help HR professionals better understand employees and what they want and need in the workplace. In turn, specific findings can help positively contribute to or influence overall company culture. Consider how HR data can support the following company culture components:
Company culture can be an organization’s best protection against losing employees—and offer a leg up on attracting new candidates. Remember that there is usually a gap between organizational leadership and what employees experience, so there’s a need to keep it aspirational but realistic. HR data can help validate the employee experience and provide benchmarks for employers to monitor and measure against.
By harnessing valuable insights from HR data, employers have the opportunity to significantly enhance several facets of the organization, which can drastically contribute to company culture. A great company culture attracts the best workers, improves employee performance and increases retention.
For more workplace resources, contact us today.
Insurance services provided by E-COMP NOW! Insurance Services and its licensed agents and affiliates. The information contained within these materials are confidential and not to be distributed. Descriptions are general in nature only. Please refer to the terms and conditions of policies offered or purchased. Insurance products are subject to application and underwriting requirements. Pricing depends on a variety of factors including policyholder location. Not all discounts available in all states. Not all products available in all states. Use of and access to this information, site or any of the links contained within this site does not create a relationship between the user and E-COMP. © 2024 E-COMP, Inc. All Rights Reserved.