Cost Per Hire benchmarking and comparison

In order to advance comparison and benchmarking for the ANSI Cost Per Hire Standard, we have created a central dataset where companies can submit their demographics and CPH data and compare with other companies. Our vision is to have an unlimited number of companies use this tool and make CPH data accessible to all who adopt the ANSI standard.

Click here to check out the tool and start benchmarking.

New product, new partnership!

Aspen Advisors will be unveiling an all new product and partnership at next week’s SHRM Talent Management Conference.  This new product will become part of our already well-established Pando ecosystem.

Aspen Advisors already is a leader in leveraging data for corporate HR and for HRO vendors into dashboards, predictive analysis, and workforce analytics. That is all the data that are in the fields inside disparate systems.

Now imagine if you could also look through and traffic light all documents in those systems – and not just resumes. Profiles, performance reports, written code, references, white papers – any type of work you can think of…

Look for us in the exhibition hall at Booth 222. We changed the game once when Pando enabled clients to see data across systems. We are changing it again so they can see actual work and information.

Big data…better decisions

Some interesting insights have come out of the HR Tech Europe Conference recently held in London.  But I’d be lying if I said that what was revealed was any shock to us.

Much of the talk of the conference was about the importance of predictive analysis as it applies to HR and data. People are finally starting to warm up to this idea.  However,  accessing your data is only half of the battle.  The part that still seems to be left out of most conversations is the importance of knowing what to measure.  And that’s where consulting comes in.  Analyzing data is far more complicated than using Excel to build a chart or graph.  Matthew Hanwell, a former Director of HR at Nokia, put it best when he explained that we need to think of data as more of an MRI scan.  Its multidimensional.

Any company, large or small, may have a superb IT team and a superb HR team.  That IT team may be experts in the installation and operation of a data analysis system, but that doesn’t mean they know what HR data is important to analyze.  And that HR team can be trained until the cows come home on to use the new data system, but if they aren’t analyzing the right data and using that data to make the right decisions, then what good is it?  This is exactly why when we introduce our business intelligence platform to clients, we stress that our Advisory is an important part of it’s use.

Google, that highly successful company that you may have heard of, seems to be on the ball for how they use data in the HR space.  Not only are they tracking data to analyze performance, but they’re using that analysis to implement training and development based on what their research has revealed.  This method of linking data and change sounds a lot like our Pando ecosystem.  We determine what needs analysis, make the data visible, then use that data to implement change through our toolkits and assessments.

Reading through the many quotes and insights from the HR Tech Europe conference, it seems that Nick Holly, of the Henley Business School Centre for HR Excellence, put it best, “Big data provides the greatest opportunity HR has had in years to become relevant by using the data to provide insights that make a difference to the business…it is also the biggest single threat to individuals i nthe function because a lot of HR people base their success on gut feeling and intuition and relationships, and proper data analytics can that irrelevant.”

Sourcing and Recruiting Social Summit

We’ll be attending the Sourcing and Recruiting Social Summit next week.  This is a one day summit to discuss the tools, techniques, and strategies necessary to deepen talent pools, and how to optimize sourcing and recruiting channels.  We’re strong believers in using social media to it’s full potential.

We’re looking forward to hearing from sourcing and recruiting experts and adding their insights and tips to our own arsenal of knowledge.  And from the looks of it, we’ll be in DC just in time to see some beautiful cherry blossoms!