The entire People Report team is very excited about the second
release of our brand new Human Capital Intelligence dashboards,
which were made available for download through the e-File Cabinet
this past weekend. This latest release includes data through
September of 2010, essentially covering the first 3 quarters of the
year. Speed of reporting and timeliness of the data are some
of our most important objectives, so we are also very happy to say
that starting in January we will begin monthly reporting of these
dashboards, beginning with the "Year End" version which will
include information for all months of 2010 just a month after the
end of the year.
Some important enhancements have been made to these dashboards
since we first published them in October, including the ability to
display value labels for all benchmarks, adding 2009 quarterly data
for all main metrics, and enabling functionality to zoom in on the
data available on the Transaction Intelligence dashboard.
And now on to the quick tutorial. After talking with some
of our member companies we discovered there might be some confusion
regarding what the actual numbers mean on the graphs included in
your dashboards. Even though our focus has been changed
towards using the quartiles (25th, 50th or
median, and 75th percentiles) as a more robust and
accurate benchmark set, the numbers shown through the blue bars in
your graphs (see Figure) are actually your company numbers for that
particular metric (and not a percentile rank). In this
example, the actual turnover rate for this sample company was 5.58%
during September (there has been some confusion as to whether this
meant that the turnover rate for this company put them at the
5.58th percentile, which is not the case). The
blue bars are hard metrics that measure your company's performance
for each of the metrics, while the lines show where the benchmarks
for each of the percentile ranks lie. In this example, at
5.58% turnover rate during September, this company is performing
better than most companies in their segment (their turnover is
lower than the 50th percentile), but they are not within
the group of the 25% top performing companies when it comes to
turnover (which is represented by the red 25th
percentile line.)
As always, we ask that you please keep in mind that your
analysts here at People Report are available to answer your
questions regarding the data, the functionality in the dashboards,
and explain any metric represented through them. We know
there is a lot to explore in these dashboards and we are here to
help. Happy exploring!