The HR Huddle HR, We Have a Problem - Payroll's strategic power: Data-driven insights for proactive workforce management
In this special episode* of HR, We Have a Problem, Sapient Insights Group CEO and Managing Partner, Teri Zipper along with Sapient Insights Group, Chief Research Officer & Managing Partner Stacey Harris welcome guest Sherry Yarbrough, Principal Outbound Payroll Product Manager at Workday, to discuss the importance of understanding the strategic value of payroll data and its impact on business outcomes. The conversation explores ways to empower managers with data, use payroll information for labor and workforce planning, and embrace the potential of AI in enhancing payroll analytics.
Key points covered include:
↪️ The misconception of payroll as merely transactional, highlighting its role in understanding business costs and outcomes, elevating its strategic importance through accurate processing.
↪️ Analysis of payroll trends such as overtime and leaves offers early insights for staffing needs, enabling informed and proactive decisions to address upcoming challenges.
↪️ Self-service tools for employees and data-rich dashboards for managers to access payroll information enhances satisfaction and informed decision-making, optimizing workforce management.
↪️ AI's capacity to streamline data analysis, identify trends, and provide actionable insights, emphasizing the necessity of upholding data security and trust in AI systems.
*This episode is sponsored by Workday.
Don’t miss this exciting thought leader conversation! Follow the hosts, companies mentioned, and articles they discuss below:
Sapient Insights Group
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Teri Zipper
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Stacey Harris
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Sherry Yarbrough
Workday
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