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 (OFCCP) requires employers to take affirmative action to recruit, hire and promote U.S.A veterans, recently posted is the 2024 VEVRAA (Annual Vietnam Era Veterans’ Readjustment Assistance Act) hiring benchmark for 2024 is 5.2% (effective March 31, 2024).
With VEVRAA’s VETS4212 submission deadline approaching September 2024- PeopleSoft’s Veteran Diversity Analytics can help in monitoring if you are reaching the 5.2% hiring goal of veterans in your workforce.
Want to know more about the delivered, click on the link to watch the video – HR Workforce Insight Analytics.
Navigation – Workforce Administrator Dashboard > Diversity Analysis
With the Diversity Analysis, you can see how many veterans vs. non-veterans are currently employed.
The threshold alerts you when you fall below your targeting hiring benchmark hiring for U.S. Veterans.