Today’s AI-driven talent economy relies on data and HR teams who know how to wield it. After all, we know that accurate analytics and insights drive improved business outcomes. Yet, around 70 per cent of companies are not effectively using trusted people data, analytics and insight. Why?
At HR solutions provider, Brightmine, we call this the four D’s of Disillusionment Darkness or the four D’s:
- Disruption — HR agility and resilience are top priorities, yet 80 per cent of HR can’t keep up with compensation changes.
- Data Trust — 75 per cent of leaders don’t trust their data and 89 per cent don’t trust HR with data.
- Doubtful ROI — Budget constraint and real ROI. 83 per cent say they must do more with less.
- Deficient Resourcing — 81 per cent of HR professionals feel burnt out, yet 90 per cent remain optimistic about the future of the sector.
What are leading HR professionals doing to be more successful?
Here are four actions that Brightmine’s 10,300+ customers take to move the needle and breakthrough:
- Prioritising fact-based data, insight and analytics to guide what they ‘should do’ and what they ‘must do’
- Leveraging trusted compensation and pay equity data as foundational for improving talent strategies
- Reducing time to ROI with clear, right-sized value for people and business outcomes.
- Adding specific managed automation via AI and GenAI – not ‘general purpose’ AI tools– for impact.
At Brightmine, we are enabling customers to be more successful by helping them transform how they use data, analytics and insight to reduce risk, optimise talent strategies, and proactively deliver brighter business outcomes.
Our award-winning product portfolio uniquely combines critical people data, AI and our trusted HR expertise, built up over 22 years, in two key solutions: Compensation Planning & Equity Analytics and Compliance Insight and Automation.
The average Brightmine customer savings across the full portfolio include:
- Annual savings of $666K in efficiency gains
- 50 per cent reduction in legal costs
- $2.77M increased productivity, AI-based automation and talent agility over a three-year period
To find out more about Brightmine and how it can help you achieve brighter business outcomes visit www.brightmine.com.