Segmentation & Simulation Modeling

Not all your employees are alike, and accordingly, they all don’t answer survey items alike. You’re probably used to analyzing survey data by different demographics; did men respond differently than women? Does tenure appear to influence how people feel about certain issues? However, analyzing results by demographic profiles will only take you so far.

Segmentation

Our approach takes this analysis a step further and looks for employees who have similar preference patterns, regardless of demographic background. We apply techniques originally used in econometric analyses to segment your employee population by these preference patterns. For example, you might have one segment that strongly prefers a challenging and meaningful work experience, while another prefers more work-life balance and flexibility.

Being able to identify segments such as these allows you to not only understand your employee population better, but also to target your messaging and corporate initiatives to better meet the needs of those employees you’re most concerned about keeping.

Workforce Simulation Modeling

The segmentation analysis described above allows you to identify which groups are most important to you, but you still need a way to figure out what actions to take.

Valtera’s workforce simulation modeling tool allows you to test different scenarios to see their impact on your population, as well as their impact on your bottom line. For example, if you implement a better manager training program, how does that impact retention? And what is the associated cost? Is what you’re currently offering your employees as efficient as it could be, or are there wasted costs? Similarly, is there a way to improve retention without increasing costs? All of these questions can be easily answered through workforce simulation modeling.

This high-powered tool is designed for use by high-level HR staff who are in a position to implement meaningful changes. We believe this tool is unique in its ability to provide you with concrete cost-benefit analyses based on your employee survey data.