We use data to solve real business problems
brain-7803655_1280.jpg

Blog

Articles

Numerical Insights publishes articles on a variety of topics including business analytics, data analysis, data visualizations tools, improving business results, supply chain analytics, HR Analytics, strategic workforce planning, and improving profitability. We aim to make our articles informative and educational.

View Inventory Articles View Business Improvement Articles View Human Resources Articles

 
Posts in Human Resources
How to Measure Employee Turnover and Retention Rate

Turnover is an easy concept to grasp but can be elusive to measure. Three of the most important factors in measuring turnover can be gleaned from the definition. First, we need to determine “what” we are measuring as the baseline or denominator in the equation. Are we measuring employees or employees and contractors? Do we include interns?

Read More
Human ResourcesTracey Smith
How to Create A Diversity Strategy

Within certain countries, the topic of diversity has become a strategic focus. Whether it's issues like gender pay equity or proper representation within a company's workforce, making good decisions regarding diversity goals and strategies has become key. Of course, by "good decisions," I am referencing the data-driven kind.

Like all new initiatives, there comes a time when a company has invested so much money that it starts to wonder when it will see a return.

Read More
How to “Right-Size” Strategically

For those that attempt completion of workforce plans, the scenarios for these plans are almost always scenarios of growth. But the reality is, it is highly likely that a company will find itself in a reduction scenario at some point in time. It is these reduction scenarios where planning becomes crucial.

Read More
Human ResourcesTracey Smith