PRESS RELEASES

People Analytics and Talent AI Joins the C-Suite

Eastward Partners’ recently published Human Resources Market Report notes the evolution of the “People Analytics” function driven by insufficient staffing issues in 2022 and the close link between employee performance and profitability.

Job opportunities, new roles and job title changes in the People Analytics space are expected to surge in 2023: 23% of the People Analytics talent pool changed jobs in 2022 compared to 15% of traditional HR professionals finding new opportunities, showing a high demand for talent insights and HR analytics.

The report comments on a shift towards employee retention and wellness being key to running a profitable business, promoting demand for predictive analytics that can provide insight into when staff is most likely to seek new opportunities.

Joe Carbone, Founder of Eastward Partners, said:

“Our clients have a strong appetite for predictive analytics and AI to understand the thoughts, feelings and what matters to their employees. Executives can then use a solid grounding based on insight to inform decisions and take proactive action faster.”

The report also shares the compensation a Head of People Analytics receives in today’s market after a national median base salary increase of 3.28% YoY:

Median Base Salary: $184,800

Median Total Compensation: $203,631

The report goes on to cover the firms with the highest growth in 2022, the firms with the highest attrition, geographic hot spots for talent, gender diversity across the industry, and an outlook for 2023.

The full report can be found on Eastward Partners’ website.