Glossary

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  • Workforce Analytics

    Workforce analytics is an advanced set of data analysis tools and metrics for comprehensive workforce performance measurement and improvement. While people analytics focuses on the personnel aspect, workforce analytics focuses on the workforce on a slightly larger scale. Workforce analytics can be measured in a number of ways – whether it be company specific measurements, measurements across an entire industry, an examination of a group of jobs, or something else, the data applied to analytics is dynamic. It analyzes recruitment, staffing, training and development, personnel, and compensation and benefits, as well as standard ratios that consist of time to fill, cost per hire, accession rate, retention rate, add rate, replacement rate, time to start and offer acceptance rate.

  • Workforce Development
  • Workforce Investment Act
  • Workplace Learning
  • Workshop

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