Steve Goldberg's Analyst Perspectives

The 2021 Human Capital Management Market Agenda: Enriching the Employee Experience

Posted by Steve Goldberg on Feb 26, 2021 4:00:00 AM

Ventana Research recently announced its 2021 research agenda for Human Capital Management, continuing the guidance we’ve offered for two decades to help organizations derive maximum value from workforce-related technology investments and initiatives. In crafting this research agenda, we focused on three critical themes top-of-mind for both HCM vendors and buyers: Organizational agility and resilience, worker productivity, and leveraging artificial intelligence and machine learning as broadly as practical.

Read More

Topics: HCM, Employee Engagement, Workforce Management, Total Compensation Management, employee experience

Compensation Management in Today’s Operating Environment

Posted by Steve Goldberg on Sep 4, 2020 9:18:13 AM

This analyst perspective (presentation) covers how Compensation Management, related enabling technologies and data strategies continue to evolve, particularly in the context of prominent business issues facing all organizations today.

Ventana_Research_Analyst_Perspective_Compensation_Management_2020
Read More

Topics: HCM, Compensation, HR, Talent Management, HR Tech, HR technology, Total Compensation Management, HCM Systems, employee experience, People Analytics

The New World of Engaging Candidates

Posted by Steve Goldberg on Jun 13, 2020 6:00:00 AM

In this video I discuss strategies for effectively engaging candidates to win the war for talent, particularly “passive talent,” or those who are not seeking a new opportunity because they are likely well cared for where they are. Even in economic downturns, candidate engagement is essential for success. I also include some recommendations for assessing and optimizing a candidate engagement program and pitfalls to avoid.

AP Candidate Engagement 2020
Read More

Topics: HCM, Talent Management, HCM Systems, employee experience, candidate engagement, AI and Machine Learning

Predictive HCM: The Benefits Are Real, as Are the Cautions

Posted by Steve Goldberg on Jan 2, 2018 12:43:17 AM

Two of the most impactful contributions of any HR department are driving employee engagement and employee productivity, outcomes that are highly correlated of course. These contributions are meaningful because, for an organization of any appreciable size, even fairly small upticks in employee productivity translate into significant financial benefit. The math is simple: Increase revenue per employee (for example, via technologies that enhance productivity) from $150,000 to $157,500 (just 5 percent) in a workforce of 5,000 employees and you capture $37.5 million in incremental revenue. The magnitude of this business impact is several times larger than shaving even 50 percent off the HR operating budget in an equivalent-sized organization.

Read More

Topics: Predictive Analytics, HCM, Human Capital Management, Analytics