Employee Cycle has announced the beta launch of its HR Analytics dashboard, the first freemium HR analytics product of its kind that allows HR leaders to gain actionable workforce insights using people data.
According to the 2017 “Becoming A People Company” report, 83% of HR leaders agreed that all people decisions should be based on data and analytics, but just 37% of HR leaders actually use data to solve people management problems. Some of these serious workforce problems looking to be solved include but are not limited to; the lack of diversity, gender wage gaps, and increasing employee turnover rates. The biggest barrier stopping HR leaders from strategically using people data to solve these problems is the trend of companies using many different and disconnected HR systems. As a result, these HR data silos make it painful and almost impossible to quickly identify and properly manage all workforce-related risks and costs in an efficient manner.
“We are thrilled to launch the first self-service HR analytics dashboard built for small and medium-sized companies under 1,000 employees,” said Bruce Marable, Co-founder, Employee Cycle. “With companies now needing to leverage HR data to make better workforce decisions, it's time for HR to have their first "system of intelligence", being one centralized place to view, track, share and analyze all their people data. We're allowing HR leaders to connect their HRIS to our dashboard for free, removing all hurdles to start building a more data-driven HR culture.”
Employee Cycle provides companies with actionable workforce insights, by transforming disparate workforce data into a centralized and real-time HR analytics dashboard. By leveraging the accessibility of APIs from a wide variety of HR systems, HR leaders gain a single data-driven view of their entire workforce. With quick access to insights across all the functional areas of the workforce in one place (ex: turnover, tenure, diversity, employee engagement, etc), HR leaders can make smarter, faster and more confident workforce decisions.
The beta freemium Employee Cycle platform features:
The Upgraded account features will include access to additional integrations and a dedicated data coach who will help dissect data and align it with company goals.
SOURCE Employee Cycle
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