In today's fast-paced work environment, using data to make decisions has become increasingly vital. Viva Insights enables organizations to leverage data-driven insights to boost employee productivity, engagement, and overall company performance. We’re excited to announce two new report templates that will be available worldwide by the end of July.
The Impact explorer and Onboarding and development report templates will continue to empower HR and other key leaders to make informed decisions and drive long-lasting business outcomes for their workforce.
Onboarding and development report – Setting up new hires and those new to role for success
The Onboarding and development report focuses on the critical phase of new hire integration and development of those who’ve landed new roles. Research shows that 20% of new hires leave in the first 45 days of employment. These high turnover rates among new employees pose challenges for organizations, making it crucial to understand the effectiveness of new hire integration initiatives, such as networking opportunities and regular 1:1 meeting with managers.
According to Wiley’s Personnel Psychology report, chances of employee turnover decrease 140% when employees network with each other and build strong internal networks. The Onboarding and development report allows HR leaders to take a deeper look into how quickly new hires build their networks and the effectiveness of new hire integration strategies to further identify areas for improvement.
Foster new hire networks tab in Onboarding and development report template
Other key metrics provided in this report, such as 1:1 coaching time with managers and time spent on learning-related activities, provide valuable information about employee development and engagement. By leveraging these insights, companies can reduce turnover rates, empower employees, and build strategies for long-term success.
Boost time spent learning tab in the Onboarding and development report
Let’s explore key ways to maximize this report below:
- Identify improvement areas: Identify teams with high turnover rates and target specific areas for improvement.
- Enhance manager-new hire relationships: Measure manager 1:1 time and encourage more frequent and meaningful interactions to build stronger networks, reduce turnover, and increase employee engagement.
- Promote learning and development: Gain visibility into time spent on learning-related activities for those new to role and identify opportunities to provide additional resources and support for their growth.
- Foster cross-functional collaboration: Encourage cross-functional team meetings during new hire integrations to facilitate network building and help new hires feel welcomed.
- Increase onboarding impact: Track the progress and impact of onboarding initiatives over time, enabling data-driven adjustments to optimize the onboarding experience for new hires.
By leveraging the Onboarding and development report in Viva Insights, organizations can address turnover, strengthen new hire integration, and foster continuous learning and development.
Impact explorer report – Quantify the impact of behavioral changes
The Impact explorer report helps leaders identify areas of opportunity and the potential impact of taking action based on those insights. For example, leaders can explore the potential impact of cutting long and large meetings to reclaim time for employees and then measure the impact of preserving time to focus and its positive impact over time.
This report is a valuable tool in identifying actionable opportunities to enhance productivity and engagement. By quantifying the potential effects of various initiatives and strategies, stakeholders can make informed decisions and customize the initiatives for the groups of employees who stand to benefit the most.
Give employees time back from meetings tab in the Impact explorer report
Track progress for focus time kept by employees tab in the Impact explorer report
Here are a few key ways leaders can leverage the Impact explorer report:
- Quantify the potential impact of reclaiming employee time from meetings: Understand the effects of reducing meeting durations and frequency on employee productivity.
- Identify the impact of reserving time for employee activities across the organization: Quantify the potential time that can be redirected to focus on important work and deliverables.
- Understand if employees are adapting and able to take advantage of focus time: Gain insight into employee adoption rates of preserving time for focused work and their ability to use that time for deep work and task completion without interruption.
- Assess the impact of focus time on other measures, such as after-hours work: Analyze how the implementation of focused work time impacts work-life balance and reduces after-hours work demands.
- Uncover the potential impact of manager 1:1s among employees: Discover possibilities to improve manager-employee relationships by optimizing the frequency and duration of manager 1:1 meetings.
Empowering leaders to create a culture of optimal workforce performance
The Impact explorer and Onboarding and development reports in Viva Insights helps leaders unlock the full potential of their workforce and measure the results of change. Fueled by the power of data-driven insights, organizations can optimize productivity, reduce turnover rates, and foster a culture of continuous learning and development.
Harness the full power of Viva Insights advanced capabilities, including these and other pre-packaged report templates, to drive long-lasting efficient business outcomes and create a thriving workplace for employees.
Microsoft