The workforce has evolved in many different ways. The way it has started to be used in business has changed as well. Here are some ways that workforce intelligence software has evolved:
Basic Workforce Data
Workforce data used to be more difficult to come by before workforce data software was created. The data could have been more singular to each company or person. It took longer to find and analyze this data. You may have been able to find the information through a company or person directly instead of having it all in one area. It was a longer process to get information before workforce software was created.
Workforce data is a combination of several routes of information gathered in one place. Before workforce data evolved to what it is now, this information was still public but was not found in one place.
Workplace Dynamics
Through workforce intelligence software the way investors, business owners, HR teams, and others have access to workplace dynamics has changed. With this software, it is now possible to find millions of public employment records and workplace dynamics in one place. Here are some areas in which information is gathered by workforce intelligence:
Public Employment Data: This public information on employees is found and analyzed through workforce data intelligence. Some of the data found can be the dates the employee has been employed, which companies they have worked for, and the titles they have achieved. You can also find information on their past education and other skills they may have gained. With workforce intelligence data you can also find reviews written by past or current employees.
Public Job Information: Data from online job postings is gathered as well. Information like the dates a job is posted and where it was posted is gathered. The salaries or hourly amount of each position is found. You can also read job descriptions from several different companies.
Public Government Data: This information is open to the public but can be quite difficult to find and analyze. Workforce data intelligence cuts out the research process and gives you the information you may need. Here is some of the government data that can be found:
- Census data
- Immigration filings
- Published labor statistics
- Social security administration information
- Voter registration data
Other Areas: Another area that some may not have access to is firmographic data. If you do have access, it still may be difficult to cultivate and narrow down exactly what you want. Workforce intelligence gathers firmographic data like geographic areas, the number of clients, the type of organization, industry classifications, and subsidiary-parent relationships.
Real-time Information
This information can be found publicly by anyone who may be interested. Workforce data software allows you to access the information in real-time. This evolution enables you to find the information you need as quickly as possible without having to wait days for the information to be mailed or emailed.
Customizable Results
Another evolution of workforce information is the ability to customize the data you seek. Rather than sorting through pages upon pages of information, workforce intelligence software allows you to customize the results. You can track information by company, position, job title, seniority, and geography. Workforce software users can customize the reports sent to them, filter out the information that is not needed and keep the relevant information. This can help you streamline several different business processes. Results can come in reports like graphs or other formats that are easiest for you to understand.
Public and Private Information
Workforce software gathers information from public and private companies. This is a large way that the software has evolved. Before workforce data intelligence, this information from private companies may have taken longer to gain because there would need to be a request made. With workforce intelligence, you can have real-time access to information regarding millions of private companies.
Choose to Use Workforce Intelligence Data
This software has evolved in many different ways and will likely continue to evolve. When searching for a workforce software company, consider finding one that describes the ways they gather information. This can allow you to see that the information gathered is correct. Workforce Intelligence can be beneficial to investors, individuals, corporate mergers, and more.
