Lighthouse Research and Advisory Firm Selects
isolved as Best Talent Intelligence Solution
CHARLOTTE, N.C., May 2, 2024
/PRNewswire/ -- Serving as a guide to help buyers navigate the
myriad human resource (HR) and human capital management (HCM) tech
solutions to solve their biggest challenges, Lighthouse Research
& Advisory announced the winners of its annual HR Tech Awards
for 2024.
isolved's Predictive People Analytics™ was awarded Best Talent
Intelligence Solution in the Talent Analytics category as a
solution that includes data visualization, business intelligence,
dashboards, key performance indicators (KPIs), metrics, and other
related technologies to enable employers to leverage data and
insights for more strategic talent decisions.
"When I worked as an HR leader, one of the hardest things was
getting enough useful insight from our HCM systems to be able to
make decisions," said Ben Eubanks,
Chief Research Officer, Lighthouse Research & Advisory.
"isolved has delivered this for employers with its Predictive
People Analytics solution, giving companies a chance to see
historical trends, future projections and the current state of
dozens of different types of metrics. And best of all? It doesn't
require a separate platform or system—it all happens right in the
same technology where employees are paid, performance is managed
and attendance is tracked. This is going to make HR leaders more
strategic business partners—period."
This need for talent analytics to drive better data-driven
decisions was echoed in isolved's recent Champions of Change
report, "How HR Decision-Makers Are Delivering Employee Experiences
That Matter," in which HR analytics rose to the top as one of the
key investment areas for 2024. Out of the more than 1,100 HR
decision-makers who completed the survey, the majority cited a need
for improved HR analytics to help them use data to drive more
strategic decision-making within their organization. In addition,
at a time when 65% of HR leaders think recruiting will be just as
difficult – if not more difficult than last year according to the
same survey – using HR analytics to improve retention is more
important than ever.
According to Lisa Johnson, CHRO
at wholesale agricultural business, QC Supply, "isolved's
Predictive People Analytics has been a game changer for us in
improving our retention rates. We use it to feed data to get
insights on time to fill, time to staff, diversity, turnover rate,
new hire, onboarding statistics, and even revenue per employee and
cost of benefits compared to gross pay. With this data at our
fingertips, I can proactively articulate to the executive
leadership team the tangible costs of what turnover means to the
company. This was not possible before."
This win also supports isolved's commitment to isolved Analytics
Everywhere™ - a pillar of its artificial intelligence (AI) strategy
to embed AI-powered predictive and prescriptive analytics in the
day-to-day flow of work to guide and support HR teams.
isolved Predictive People Analytics uses the power of AI to
provide managers with comprehensive benchmark data to help them
source and secure top talent, predict attrition across individuals
and groups and leverage succession planning to close skill gaps—all
resulting in improved employee experience and operational alignment
with business goals. To get a demo of isolved Predictive People
Analytics, request one here.
About isolved
isolved is the most-trusted HCM technology leader, providing the
best combination of software and services to meet the needs of
today's People Heroes – HR, payroll, and benefits professionals.
From talent acquisition to workforce management to talent
management, our solutions are delivered directly or through our HRO
partner network to more than 7 million employees and 177,000
employers across all 50 states – who use them every day to increase
productivity, accelerate decision-making and ensure performance,
while reducing risk. isolved People Cloud™, our intelligently
connected platform, automates the entire employee experience by
design, so that organizations can engage, empower, and energize
their talent while freeing their People Heroes to exceed their
goals and grow their careers.
Media Contacts:
Christine Allen
Director of Communications
callen@isolvedhcm.com
Amberly Dressler
VP of Corporate Marketing
adressler@isolvedhcm.com
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SOURCE isolved