Once you have decided which metrics are important for your company to track, it’s time to decide how and when you will measure and analyze the data you’ve collected. One way to get the most out of workforce analytics is to track the data continuously. When you know what’s going on at a given moment, you can more easily do what’s needed to change course before big problems arise.

Analytics can help you answer questions and solve problems in your organization — maybe a number of your high performers have been leaving lately and you want to know why. To use analytics effectively to answer those questions, you need to know what to measure. How do you know what to measure? A few standard metrics that companies often track include turnover, absentee rate, employee engagement, training ROI, and time to fill. But each organization is different, and a key metric for one company may not be as important for your organization.

We hope you were able to join Michael Rochelle, Chief Strategy Officer for Brandon Hall Group, and Lance Haun, Editor for The Starr Conspiracy, for their inside takes on dissecting the top 7 trends impacting HCM.