Every organization wants better knowledge and insight into their workforce, PeopleSoft’s Workforce Insights Analytics can help you monitor and analyze your employee workforce. A popular analytic with customers is the Diversity Analysis Analytics which allows you to see how diverse your employee workforce is for gender, ethnicity, age, disability and veteran status. The Workforce Insights Analytics allow you to be more proactive than reactive in your hiring trends. An example is the Diversity Analytic can assist you with your yearly VETS4212 (Veterans) reporting.
The Office of Federal Contract Compliance Programs (OFFCP) requires employers to take affirmative action to recruit, hire and promote U.S.A veterans, recently released is the new 2019 VEVRAA (Annual Vietnam Era Veterans’ Readjustment Assistance Act) hiring benchmark that has been updated from 6.3% to 5.9%.
With VEVRAA’s VETS4212 submission deadline approaching at the end of September, PeopleSoft’s Veteran Diversity Analytics can help in monitoring if you are reaching the 5.9% hiring goal of veterans in your workforce.
Want to know more about the delivered HR Workforce Insight Analytics, click on the link to watch the video.
Navigation - Workforce Administrator Dashboard > Diversity Analysis
Security Note – Need to have “HR Analytics Administrator” role assigned to your User Profile to see analytics
With the Diversity Analysis, you can see how many veterans vs. non-veterans are currently employed.
Navigation – Click on the Diversity Analysis Analytic. Select Veteran Status from the prompt menu
A cool feature delivered in PeopleTools 8.57 is Alerts and Notification. This feature can alert you via worklist or email when you fall below your company’s benchmark for hiring U.S.A Veterans. In the example below, you can set your company hiring benchmark to be 6% and the red line will visual indicate how close you are to hitting that benchmark.
Navigation – Click on button, Select Threshold Option, Threshold Type = 6%, Color = Red, Click Apply button.
On the PeopleSoft Roadmap we plan on delivering additional analytics and visualizations encompassing a variety of tools, across many different modules for a variety of user types. These may include queries, pivot grids, simplified analytics and Kibana. If you are interested on finding out more, click on Analytics and Visualizations Focus Group.