People analytics is more than just a trendy buzz phrase. It involves the study of behavioral data of people for insight on how they work. Some companies are interpreting and integrating this data to improve their operations. Understanding what drives your employees can help you identify where to make changes that improve business processes. As a staffing agency, you’re in the business of people and leveraging the power of analytics, specifically staffing analytics is a benefit to both you and your clients.

Realizing the Importance of Analytics

Integrating people analytics into your business practice can offer a number of advantages to various aspects of your business:

• Talent recruitment and resource allocation
• Re-establishment of essential job functions and associated competencies
• Assessment of potential candidates
• Measurement of return on investment for staffing
• Target areas for improvement

The use of behavioral data evolves the recruitment process from a hiring manager or HR professional having to rely on instinct to using measurable and observable data to better predict the success of potential recruits.

Reaping Other Benefits

No one knows better than the head of a staffing agency that recruitment is only one part of the picture. Staffing analytics can also reap benefits when it comes to other aspects such as talent development, performance evaluation and employee retention. As operations evolve, it’s crucial that your staffing liability insurance coverage keeps up with demands. Talk to your insurer about people analytics soon.