Keeping tabs on your diversity is important. In today’s climate of social unrest, most companies are concerned with DE&I. In the example below, the “Gender” tile includes a high percentage of blanks. This could be an indicator that the organization needs to explore adding additional gender choices to their tracking, or possibly creating a more inclusive environment where people would be comfortable providing gender information.

Additionally, data presented in tiles such as these can help you identify compensation disparities among the various employee categories.

To make informed decisions about your workforce, you must first know who you have working for you and then make very intentional decisions on what you would like to see tomorrow. A workforce analytics dashboard in Workday makes it easy, to see top-level measures at a glance with the ability to drill down for additional insight.

The Headcount by Year (Hires and Promotions) tile quickly illustrates that the majority of positions have been filled with external hires over past two years. With this information, you can begin to pose questions to your team to discover what has changed over time and how you can continue to build skills internally to promote from within while protecting your institutional knowledge and enhancing company culture.

Looking at headcount by age and tenure will enable you to prepare for replacement of senior roles as a portion of the staff enters retirement age.

Beyond the typical performance measures of “Are we on schedule?” and “Are we within budget?” an operational analysis seeks to answer more subjective questions focusing on strategic results, financial performance, and innovation.

The dashboard below highlights revenue per headcount and may lead to questions like, “Are there economies of scale that we can get out of Organization A and Organization B?” “Are there hurdles that are unique to Global Modern Services of Mexico that we can remove bringing them closer to the Revenue per Headcount of their US counterparts?”

While monitoring your expenses and preparing your annual budget, you can use the dashboard to look at broad categories of expenses or drill down into the details. For example, the information presented below may help you to understand if you will save on office expenses in 2020 or ultimately lose money if you bring everyone back in one year. You can determine if the costs are mainly attributable to one-time home set-up of laptops, etc. and consider if home office expenses could be offset in a particular location by keeping the staff permanently remote, thus freeing up rent expenses.

Get greater insights with custom executive dashboards! Contact your CSM for Workday support or visit www.imercer.com/ams-workday for additional Workday resources.