Scheduling
Time & Attendance
Forecasting
Employee App
Payroll Integrations
Communications
HR Administration
By Mary Izlar
Dec. 9, 2013
Global chemical company BASF faced two major workforce challenges: aging employees who were facing retirement and recent, diverse hires who were at a significant risk of leaving the company.
Using big data and technology, BASF’s human resources team was able to leverage rising trends to address workers’ specific needs. The talent management team built two data tools: the Talent Dashboard and Workforce Planner, which allowed the company to track data that make key workforce decisions.
These tools gave leaders the analytics to understand and apply their talent, assess risks and perform scenario modeling. Florham Park, New Jersey-based BASF experienced a slowdown of rate of loss and increased its retention of women and minorities employees. The data tools also allowed the company to connect leader practices with compensation.
And the connection between the two led to improved metrics.
For its efforts to create tools to manage retention, BASF is the winner of the silver Optimas Award for Vision.
Mary Camille Izlar is Workforce's editorial intern. Comment below or email editors@workforce.com. Follow Izlar on Twitter at @marycamillei.
Come see what we’re building in the world of predictive employee scheduling, superior labor insights and next-gen employee apps. We’re on a mission to automate workforce management for hourly employees and bring productivity, optimization and engagement to the frontline.
Compliance
Minimum Wage by State in 2023 – All You Need to KnowSummary Twenty-three states and D.C. raised their minimum wage rates in 2023, effective January 1. Thr...
federal law, minimum wage, pay rates, state law, wage law compliance
HR Administration
Is your employee attendance policy and procedure fit for purpose?Summary: Lateness and absenteeism are early warning signs of a deteriorating attendance policy. — More ...
compliance, HR technology, human resources
HR Administration
Clawback provisions: A safety net against employee fraud lossesSummary Clawback provisions are usually included as clauses in employee contracts and are used to recou...
clawback provisions, human resources, policy