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Workforce analytics for solving issue of finding the personalized motivation theory of your company

IP.com Disclosure Number: IPCOM000239728D
Publication Date: 2014-Nov-27
Document File: 6 page(s) / 37K

Publishing Venue

The IP.com Prior Art Database

Abstract

Article below describes a consulting methodology of solving the issue of finding the true personalized motivation theory of a company using workforce analytics. This to determine whether a factor is statistically important to the employees of the company using the help of computer science. The advantage is that it will help an organization claim with certainty which factors are responsible for an employee to continue his stay with the company or quit. This way companies can help to provide this factor to all the employees of the company. For example if most of the employees value Worklife balance, flexible timings, salary and work from home facility then the true reason for continuation can be determined. Computers have been used to aggregate, analyze and depict data in a format where such calculations of workforce analytics can derive the desired results. Chi square test helps to determine goodness of fit. It tells whether the variation in the sample is due to chance or if the factor is really responsible.

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Workforce analytics for solving issue of finding the personalized motivation theory of your company

Given below is a consulting methodology of solving the issue of finding the true personalized motivation theory of a company using workforce analytics. The core is to determine whether a factor is statistically important to the employees of the company using the help of computer science. Computers have been used to aggregate, analyze and depict data in a format where such calculations of workforce analytics can derive the desired results.

Chi square test helps to determine goodness of fit. It tells whether the variation in the sample is due to chance or if the factor is really responsible.

The advantage of the solution is that it will help an organization claim with certainty which factors are responsible for an employee to continue his stay with the company. This way companies can help to provide this factor to all the employees of the company. For example if most of the employees value Worklife balance, flexible timings, salary and work from home facility then the true reason for continuation can be determined.

There is no approach to solving the problem available in the market right now to determine this workforce analytics solution.

Method:

Use of computers by Analytics consultants to determine the true motivation theory of your company based on chi square test.


1. First a factor is identified by the company which it thinks is a unique advantage that the company provides to its employees. It could be high salary, Worklife balance, higher salary or giving home location to employees or less travel.


2. Next it is identified as 2 groups one group which enjoys the perk and the other group which does not enjoy the perk.

These 2 groups could be 2 departments of the company with policies favorable to your criteria to research.

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The fact that a particular group or department enjoys a particular factor is determined by interviews conducted with the senior managers of that department or a survey of the staff of that department.

Most of the times the salary level or worklife balance like features are uniform across a department.


3. Over a period of time, the number of people leaving the company is studied - ones which enjoy the advantage and ones which do not enjoy the advantage.


4. The HR system keeps a record of each and every employee of the company, his joining date and his separation date.


5. This can be done by analyzing the separation database in the Human Resource Management Systems of the company.

An HR database is a storage of all the information about employees collected in a digital format with the use of Information technology applications.

The Information technology applications gather information presented to the computer in digital format through a user interface and then feed it with the help of Java which is a programming language into the storage HR database.

The information is fed in by the HR executives o...