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Schon Parris - Helping HR Leaders quantify the material value of the workforce: Through data analytics

Schon Parris - Helping HR Leaders quantify the material value of the workforce: Through data analytics

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 Dive into the raw truth of HR analytics, why it’s all about storytelling backed by solid numbers. This episode uncovers how HR leaders can finally translate their human capital efforts into undeniable business value. Prepare to be inspired, challenged, and energized to rethink what your HR data can do! Key Insights The gap between HR stories and financial impact is real; HR needs to quantify their contributions. Successful organizations are integrating HR metrics with business and financial data for compelling storytelling. External benchmarks are critical to understanding where your organization stands are you best in class or in need of improvement? Using visualization and advanced analytics makes complex data accessible and impactful for HR leaders. Building tight collaborations with operations and finance is essential for accurate, meaningful HR metrics. Small steps like analyzing turnover costs or onboarding ROI can start a powerful transformation. HR must embrace a mindset of continuous measurement, storytelling, and adjusting based on macroeconomic shifts. Investing in analytics tools and skills early helps HR lead from a position of influence and credibility. Timestamps 00:00 - Welcome & intro to Schon Parris, HR data rockstar 02:45 - Schon’s musical side and leadership journey at ADP 03:58 - Helping HR quantify workforce value through analytics 04:40 - The gap between HR stories and quantifiable business impact 05:34 - Why HR struggles to show ROI like sales or operations 06:39 - Bridging HR and finance through better skills and tools 07:32 - How AI and advanced analytics are changing the game 09:02 - Turning HR metrics into financial and business outcomes 10:02 - The importance of collaboration in understanding turnover costs 11:01 - Performance metrics for hourly workers and ubiquitous data 12:13 - The challenge of rolling up workforce data in organizations 13:10 - Building business cases for HR investments 14:16 - The power of visualization and storytelling with analytics 15:04 - Using metrics to tell compelling, data-backed HR stories 17:15 - The importance of granular data to prevent surprises 18:30 - Small steps that HR can take to demonstrate value 20:10 - Putting the numbers into business language for leadership 21:43 - Using external benchmarks to inform strategy 23:08 - Visual storytelling to connect HR efforts with profitability 24:15 - Deep-diving into specific workforce segments 25:03 - Tracking HR impact continuously, not just quarterly 26:40 - The importance of contextualizing data within macroeconomic shifts 27:57 - Steps to start building a data-driven HR culture Resources & Links How to Measure HR’s Impact on Business Power of Data Visualization in HR Turnover Cost Analysis Tool External Benchmarks for HR Metrics Connect with Schon Parris LinkedIn Twitter Final Thought This episode is a rallying cry for HR leaders to step into their data-driven power. Metrics are no longer optional,they are the language of impact and influence. Start small, visualize boldly, and tell your stories with undeniable proof. Your workforce’s true value depends on it!
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