Modern businesses are drowning in various sources and types of data and human resource departments are no different. According to Oracle’s recent State of HR Analytics 2021 report, more than 55% of organizations continue to use spreadsheets to house employee data and less than half of HR managers report being proficient in gathering and keeping their people analytics data current.
What does this mean for HR leaders?
HR teams plagued by poorly managed data are unable to stay on top of critical business factors, including headcount, promotion tracking, employee compensation and company-wide initiatives like diversity, equity and inclusion. “As a result,