Insperity Enhances Mid-Market Offering with People Analytics Solution

Date : 10/01/2019 @ 1:00PM
Source : Business Wire
Stock : Insperity Inc (NSP)
Quote : 71.55  1.4 (2.00%) @ 6:55PM

Insperity Enhances Mid-Market Offering with People Analytics Solution

Insperity (NYSE:NSP)
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HR data analytics combined with expertise of HR professionals delivers new level of Software-With-A-Service

Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses, today announced Insperity® People Analytics, powered by Visier. Powerful HR data analytics combined with the expertise of HR professionals means People Analytics delivers a new level of Software-With-A-Service that is unique in the marketplace.

“The successful rollout of this value-added offering is a game changer for our mid-market and emerging growth clients,” said Paul Sarvadi, Insperity chairman and chief executive officer. “Through People Analytics, our HR professionals have greater insights and are better informed to assist clients with making timely, data-driven decisions based on workforce metrics to help build an effective people strategy.”

People Analytics, which is available through Insperity’s comprehensive HR offerings, Workforce Optimization® and Workforce SynchronizationTM on the Insperity PremierTM platform, provides a powerful combination of strategic HR services and leading analytics.

The integration of HR data analytics with the expertise of HR professionals converts raw data into a strategic action plan that can have a significant impact on an organization, resulting in a competitive advantage. Examples of how People Analytics helps clients maximize talent and minimize risks include:

  • Increasing employee retention by identifying underlying drivers of attrition and retention, monitoring employee movement across the organization and predicting change events.
  • Improving organizational performance by identifying how talent impacts business outcomes, allocating talent more efficiently, and managing and monitoring employee absences.
  • Reducing costs by monitoring employee cost effectiveness and managing employee total rewards.

“Bringing advanced people analytics capabilities to organizations of all sizes has been Visier’s aspiration from day one,” said John Schwarz, Visier chairman and chief executive officer. “The partnership with Insperity is an innovation that makes a giant step towards making that aspiration a reality. Combining our powerful people analytics with Insperity’s HR expertise makes the acquisition and deployment of analytics a very strategic process for clients.”

The addition of People Analytics further expands the breadth and depth of Insperity’s offering and elevates its level of care through this Software-With-A-Service platform.

About Visier

Our curiosity, the desire to understand, is inseparable from what it means to be human. But, in the hype of big data analytics, we’ve forgotten that data does not equal knowledge. Visier was founded to focus on what matters: answering the right business questions, even the ones a person might not know to ask. Questions that shape business strategy, provide the impetus for taking action, and drive better business results. Visier is dedicated to transforming business analytics, to providing leaders with clear answers to critical business questions — out-of-the-box, without the hassle and cost of data management, statements of work, and long and risky development projects. Visier lets companies say goodbye to data quality problems, to complexity, to costly tools, to endless service fees, and guesswork. A people strategy platform designed by domain experts for leaders, Visier lets leaders say hello to clarity, to confidence, to meaningful answers — and to better business performance. Say hello to Visier. Outsmart, outperform. For more information, visit http://www.visier.com.

About Insperity

Insperity, a trusted advisor to America’s best businesses for more than 33 years, provides an array of human resources and business solutions designed to help improve business performance. Insperity® Business Performance Advisors offer the most comprehensive suite of products and services available in the marketplace. Insperity delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity through its premier Workforce Optimization® solution. Additional company offerings include Traditional Payroll and Human Capital Management, Time and Attendance, Performance Management, Organizational Planning, Recruiting Services, Employment Screening, Expense Management, Retirement Services and Insurance Services. Insperity business performance solutions support more than 100,000 businesses with over 2 million employees. With 2018 revenues of $3.8 billion, Insperity operates in 77 offices throughout the United States. For more information, visit http://www.insperity.com.

Investor Relations Contact: Douglas S. Sharp Senior Vice President of Finance, Chief Financial Officer and Treasurer 281-348-3232 Investor.Relations@insperity.com

News Media Contact: Suzanne Haugen Public Relations Manager 281-312-3543 Media@insperity.com

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