SME news in brief: HR, analytics, talent management

SME news in brief
SME news in brief

Many employees feel underappreciated at work

Whilst the idea of creating a better workplace culture is on the rise, it seems that not many employers are following through with their promise.

A survey from Podium Designs found that most people do not feel appreciated in the office, which is thought to be a leading factor in job dissatisfaction.

Key findings from the survey include:

  • Survey of 750 employees shows only 16% had heard a thank you from their boss in the last 6 months
  • Only 32% of those surveyed said they felt appreciated in the workplace
  • Employers aren’t meeting the needs of the new millennial workforce.

Demand for self-service analytics on the rise

The adoption rate of embedded analytics among business users is twice that of traditional BI tools. This is according to a report by Logi Analytics which found that embedded analytics continues to improve user satisfaction and increase end-user adoption of analytic tools.

“The report shows that demand for self-service analytics is expanding beyond data analysts to everyday users, who need to monitor and measure key performance indicators,” said Logi Analytics vice president Brian Brinkmann said. “If organisations want to see these users be successful, they need to offer analytics within the business applications they are using every day.”

HR needs an overhaul in 2016

The key to achieving business growth is radically redefining how talent is managed, developed, and incentivised.

This is according to Mercer’s 2016 Global Talent Trends Study, which found that a lack of development, outdated processes, and discontent with the role of managers are the main drivers of workforce dissatisfaction. Astonishingly, 85% of organisations report that their talent management programmes and policies need an overhaul. Managing these changes requires support from leadership; however only 4% of HR professionals report that the HR function is viewed as a strategic business partner within their organisations.

Mercer’s study finds 9 out of 10 organisations anticipate that the competition for talent will increase in 2016 and more than one-third expect this increase to be significant. However, despite 70% of organisations reporting they are confident about filling critical roles with internal candidates, 28% of employees say they plan to leave in the next 12 months even though they are satisfied with their current role.