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- Uncovering Hidden Trends in Your HR Data đ
Uncovering Hidden Trends in Your HR Data đ
A deep dive into Workday's Trended Workers data source
Workdayâs Trended Workers Data SourceâŠ
Hey there! Ceci here, with our first Well Built Solutions newsletter.
We all know that Workdayâs robust reporting and analytics is one of the ERP softwareâs biggest selling points. There are valuable insights hidden in your HR data, and with the right Workday reporting know-how, this value can be realized.
While the reporting possibilities in Workday are endless, throughout my years of helping Workday customers understand the stories that their data reveal, hereâs one big takeaway:
Nothing puts a smile on your executive stakeholdersâ faces as readily as trended worker reports đ
So, for those new to trended data in Workday, letâs start with a super simple questionâwhat is a trend?
A trend assesses how a single data point changes over time. With enough data, a trend helps you identify whatâs the norm, whatâs a deviation, and whatâs a pattern.
For example, letâs say you create a trended chart of Terminations by Month. With this view, over time, you build an expectation that around 10 employees voluntarily leave your organization each month.
Then, you may notice something out of the ordinaryâ20 employees voluntarily left your organization in May! Thatâs 2x more than every other month! đ€ With this visual cue, you can investigate Mayâs termination data to understand why it deviated from the norm.
The following year, you find that May had the most terminations AGAIN. Now, itâs a pattern, and in your third year, you can anticipate it. Youâre now armed with data insights and can get proactive with your retention strategies đȘ
Are you convinced that Workdayâs Trended Workers data source can be of use to you?
Awesome! Letâs set it upâŠ
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