Cognos 8 Workforce Performance

Overview

With a graying workforce, an impending skills gap, and increased competition for employees, it is imperative that HR be able to effectively and accurately answer questions like:

• Who are our top performers?
• Are we offering high performing employees the right incentives and opportunities to keep them motivated and loyal?
• What impact will the impending skills gap have on our organization's ability to serve our stakeholders?
• How well does the workforce align with corporate objectives?

Cognos 8 Workforce Performance is an analytical application that offers over 100 measures and 1,000 workforce-related attributes to support cross-organization reporting and analysis. It includes analysis across:

• Employee demographics, positions, departments, business units, locations, and job codes.
• Staff turnover, terminations, voluntary and involuntary separations, and transfers.
• Paycheck data, earnings, and deductions.
• Employee benefit expenses, employer benefit expenses, and taxation.
• Employee reviews and performance.
• Sick leave, family leave, and vacation status.

It provides a complete platform for:

• Workforce analytics.
• Turnover and attrition analysis.
• Compensation analysis.
• Human capital optimization and alignment.
• HR performance management.

Cognos 8 Workforce Performance is a configurable application that snaps into your existing technology environment, simplifying the delivery of relevant and reliable information on HR issues. It transforms operational data from your Human Resource Management System (HRMS) into actionable information. As the application transforms the data, it adds business value by calculating additional business information (for example, end dates) and key performance indicators that don't exist natively in your HRMS.

Value for IT
Cognos 8 Workforce Performance integrates and simplifies deployment, maintenance, and day-to-day operations. For example, there is no need to write ETL code to extract the data: that code is generated for you after you identify the data that you need in the data warehouse. There is no need for conventional report writing either—the IT department can just configure and generate reports. This delivers a huge time and cost-saving for your organization, while making you more responsive to changing business needs.

Value for the Business
Cognos 8 Workforce Performance offers a quick, simple, yet powerful approach for report generation. While most HRMS systems can provide basic list reports, Workforce Performance allows users to easily navigate through the data interactively to provide deeper insight and understanding. Analyzing data in this way makes it much easier to compare and contrast different groups of employees—by location, by role, by manager, by salary, by age, by performance review rating, and more. Starting from these reports, pre-defined paths guide managers to navigate the rich pool of employee data to find the information they need to support decisions about the workforce.

The Cognos Difference
With Workforce Performance, Cognos is introducing an entirely new class of analytic application—applications that are simply configured, not laboriously customized at great cost and delay. All configuration changes—during initial deployment and subsequently—are automatically retained in a software model. This ensures that the solution is upgradeable, with your unique changes preserved across both HRMS and analytic application updates.

Analytic applications that are configurable are quick to deploy and can easily evolve to meet changing business needs. That means you earn a return on your investment sooner and significantly reduce the total cost of ownership.

Cognos delivers the software and services that help HR become a stronger strategic asset within your organization. With Cognos 8 Workforce Performance you can align staffing needs with strategic goals, identify and retain the right people, align compensation and headcount plans with corporate priorities, and better face the workforce challenges of the next decade.