HR Dashboards Effectively Manage Human Resources Business intelligence allows HR professionals to better leverage their organization's operational data to ensure compliance with government regulations, provide improved service to the employee base and more effectively manage all matters related to human resources. HR Dashboards are is not only ideal for reporting and analyzing detailed human resources information with complete security and confidentiality, but it also enables advanced and statistical data analysis, as well as alerting. With a MicroStrategy human resources application, everyone in the organization can take advantage of reports and analytics. Employees can view and manage their personal information, such as time-off requests, benefits selection and address updates. Managers are just clicks away from analyzing employee performance and ensuring parity of titles, salaries and skill levels. Vice presidents can monitor the salary ranges of prospective candidates. Finance managers can receive alerts of their choosing, such as when a high salary is entered into the payroll system. HR professionals ensure labor law compliance and study ways to improve operational efficiency. Highlights Time and labor management - Perform analysis on staffing, revenue forecasting and compensation impacts. Understanding utilization rates, contractor billing rates versus employee labor rates and overtime, and corporate overhead costs allows an organization to optimize labor expenses and set policy. Headcount trend analysis -Get useful information about employee movement into, out of, and within a corporation, division or department. Monitor headcount, payroll and job satisfaction metrics to identify over- and under-performing managers, attrition risk within departments, recruitment and compensation trends affecting human resources costs, and trends in employee performance. Compensation analysis -Benchmark compensation trends across similar employee groups to ensure all employees are being compensated equitably within the organization and on par with industry averages. Identify compensation anomalies that management can adjust to keep employee morale high and corporate expenses in check. Benefits Administration - Allow employees to view vacation accrual, stock plans and flexible spending accounts over the Web without help from their HR representative. HR departments can also apply business intelligence to benefits reporting to ensure they are providing the appropriate benefits packages to their employees at competitive prices.
