How To Build Superior Retention With hiQ Labs

He doesn’t walk around the office giving disingenuous high-fives and loud praise. As co-founder of hiQ Labs, Kaplan gives employees authentic hugs, showing his team how much he values them.

It’s this appreciation for great talent and a company’s need to retain them that inspired Kaplan to develop hiQ’s data-driven platform. Infatuated with data, but knowing it’s all about the people inside organizations, Kaplan searched for a way to bring the two together.
— Heather R. Huhman - Come Recommended

When to Override an Algorithm

Algorithms are getting a lot of press recently. They are simply a set of rules a computer can follow, but when combined with predictive modeling and machine learning, they can be a powerful tool to help us make good decisions. People analytics is bringing the power of models and algorithms to help with people-related business decisions. Using algorithms, a computer can help us make hiring decisions based on an applicant's predicted performance, and not their first name, or help us learn which employees might be getting offers to work at other companies.

As algorithms grow in accuracy and popularity, we can consider a future in which all of our decisions are made using data, statistics, logic, and other rational processes. Will algorithms ever become so helpful that they make our emotions and intuition irrelevant?

Read the rest of the article on LinkedIn

hiQ Labs People Analytics Solution Wins HR Tech Product of the Year

SAN FRANCISCO, CA — September 21, 2016 — hiQ Labs, the leader in people analytics, announced today that it has won the “Human Resources Executive’s Top Product of 2016.” 

hiQ Labs’ award winning turnover model predicts employee attrition months before it happens giving CHRO’s and business leaders time to have prescriptive interventions. Utilizing public data and machine learning models, hiQ Control Center maps out the “recruitability” of a company’s employees, and alerts employers to the talent that might be at risk of being approached by competitors. This offers tremendous insight for employers, eliminating staffing surprises and saving millions of dollars in unplanned turnover all while strategically retaining key talent.  

For the past 19 years, editors of Human Resource Executive have recognized the newest HR product innovators that are transforming how key HR tasks and processes are done. Following the extensive evaluation of each solution, winning products were selected based on their level of innovation, business impact and intuitiveness for the user combined with their ability to deliver on what they promise. Amongst a very intense field of entries, hiQ Labs’ Control Center was selected as Product of the Year, based on the business impact it provides by using predictive models to help employers protect their most valuable asset – their employees.  hiQ Labs will accept this momentous award in front of industry champions and thought leaders at the HR Technology Conference and Expo in Chicago, on October 5, 2016.

“We started hiQ Labs to help companies compete for their own talent against the recruiters trying to pull their talent away.  We empower business leaders to stop the damaging loss of top talent within their organization before it can begin. hiQ Labs is humbled to be recognized by the leaders at HR Tech. This prestigious award acknowledges it’s time for a pivot in the industry; time for data science and people analytics to massively influence workforce planning,” says Genevieve Graves, Chief Science and Strategy Officer, Co-Founder at hiQ Labs.

About hiQ Labs

Founded in 2013, hiQ Labs is the global standard for People Analytics. By applying data science and machine learning to internal and external data, hiQ Labs helps HR teams make better, more reliable people decisions. Easy to deploy and fast to deliver predictive insights, hiQ Labs' cloud platform transforms how enterprises retain their best talent. The world's most forward thinking brands rely on hiQ Labs to significantly reduce turnover and save millions of dollars in employee attrition.

For more information, visit: www.hiqlabs.com
Get your free Employee Risk Analysis at: https://www.hiqlabs.com/risk-report
Join our People Analytics community at www.hiqlabs.com/elevate

15 tips to help HR get started with People Analytics

In short, analytics isn’t easy (though perhaps not as difficult as some may think), and as such many HR professionals are still struggling to get to grips with it.
— David Green

hiQ Labs, the Global Standard for People Analytics, Honored to Present on the Giant Ideas Stage at MongoDB World 2016

hiQ Labs creates an open-source framework, QmMap, that works natively with Python and MongoDB to process massive datasets in parallel

NEW YORK, June 27, 2016 -- hiQ Labs takes HR to a new level of data-driven insight and predictive analytics with its core product, leveraging multiple data sources with cutting-edge data science that help companies manage their workforce more effectively.

hiQ Labs' team leaders Dan Miller, CTO, and Silas Barta, Staff Software Engineer, were faced with a challenge; how to help Fortune 100 customers scale their HR business using multiple internal and external data sources. The existing tools available didn't have the capabilities they needed, so they had a Giant Idea to leverage the MongoDB platform to build an application that can process huge datasets quickly and robustly using on-demand compute power.

"We decided to skip the usual path of Oracle/SQL database with Hadoop/Spark as it can be overly complex and expensive, inflexible, and resource-heavy. Instead, we built our own solution directly on MongoDB," said Dan Miller, CTO, hiQ Labs. "This new application, QmMap, created by hiQ Labs, has a simple interface and deployment strategy which enables an agile workflow from R&D code to production pipeline processing at scale and is FOSS (Free and Open-Source Software)."

QmMap perfectly complements MongoDB's strengths regarding low entry cost, minimal learning curve, and the ability to scale up to serious production. "hiQ Labs is honored to be among technology's elite to share QmMap on the Giant Ideas Stage atMongoDB World. This new application allows hiQ Labs to leverage the use of large datasets and machine learning techniques, to predict employee attrition risk and solve critical talent management problems such as mapping skillsets and talent pools within an organization to enable internal mobility and succession planning," said Darren Kaplan, CEO, hiQ Labs.

About hiQ Labs

hiQ Labs is the global standard for People Analytics. By applying data science and machine learning to internal and external data, hiQ Labs helps HR teams make better, more reliable people decisions. Easy to deploy and fast to deliver predictive insights, hiQ Labs' cloud platform transforms how enterprises retain their best talent. The world's most forward thinking brands rely on hiQ Labs to significantly reduce turnover and save millions of dollars in employee attrition.

hiQ Labs Elevate Breaks Attendee Records and Becomes the Largest, Most Influential People Analytics Community

hiQ Elevate is a Leading Indicator of the Explosive Demand for Predictive People Analytics Solutions and Best Practices

SAN FRANCISCO, May 17, 2016 -- hiQ Labs, the global standard for People Analytics, today announced that hiQ Elevate, to be held today, May 17 in New York City, is sold out with record attendance.

"People Analytics is exploding, as leading companies are applying data science to HR in order to create tangible competitive advantage," said Darren Kaplan, CEO and co-founder of hiQ Labs. "We believe that within the next five years, People Analytics will be among the fastest growing categories of HR professionals. The rapid growth of hiQ Labs' Fortune 500 customer list and massive attendance at hiQ Elevate underscore our thriving community's desire to network with the most influential thought leaders working in People Analytics today."

Built by and for those leading the way in HR data science innovation, hiQ Elevate brings together Data Scientists, Workforce Scientists, Talent Analysts and Chief Human Resource Officers (CHROs) from Fortune 500 companies to discuss real-world case studies and best practices.

At the NYC Elevate event, hiQ Labs will debut a new panel discussion titled "Is Software Better at Managing People than You Are?" Inspired by the March 2016 Fortune magazine article by the same name, the session will debate the merits of using data science to make employee hiring and managing decisions. It will address common pitfalls to consider, along with best practices for how to use People Analytics to identify candidates for key promotions, and retain and attract talent. hiQ Labs' Workforce Scientist in Residence Michael Housman will moderate the session. Panelists will include Ryan Hammond, PhD, Head of People Analytics at hiQ Labs, and James Gallman, GE's Strategic Workforce Planning Leader, who were both featured in the article.

"From our work with leading global brands, we've seen how People Analytics is transforming the way we manage and work," said Housman. "hiQ Labs is committed to fueling innovation in this sector by bringing together the brightest minds to share best practices, and I look forward to diving further into this hot topic during the panel discussion."

About hiQ Labs

hiQ Labs is the global standard for People Analytics. By applying data science and machine learning to internal and external data, hiQ Labs helps HR teams make better, more reliable people decisions. Easy to deploy and fast to deliver predictive insights, hiQ Labs' cloud platform transforms how enterprises retain their best talent. The world's most forward thinking brands rely on hiQ Labs to significantly reduce turnover and save millions of dollars in employee attrition.

Founded in 2013 and led by an elite team of data scientists and analysts, hiQ Labs has offices in Atlanta, New York and San Francisco. For more information, visit www.hiqlabs.com, or join us on Twitter @hiQLabs and LinkedIn.

hiQ Labs Invited to Participate in Wharton People Analytics Conference

hiQ Labs Among Curated Startups Hand-picked to Offer Unique Perspective on Today's Most Urgent People Analytics Topics

SAN FRANCISCO, March 31, 2016 -- hiQ Labs, the global standard for People Analytics, today announced that the company was invited to participate in the third annual People Analytics Conference hosted by The Wharton School. The sold-out event -- held April 7-8 in Philadelphia -- brings together hundreds of business leaders and academics to explore new, data-driven approaches to managing people at work.

hiQ Labs will be featured in the conference's invite-only People Analytics Expo, which will take place April 7, 1:00 pm - 5:00 pm. The Expo provides attendees with an opportunity to interact with and hear from curated startups in the People Analytics space. Data scientists from hiQ Labs, whose predictive SaaS-based solutions allow companies to extract more powerful insights from internal and public data, will discuss how to assess employee flight risk.

"The Wharton People Analytics Conference expo consists of start-up companies that are doing really cutting edge work within people analytics," said Aakash Gupta, Conference Chair. "We considered many companies and decided that hiQ Labs was one of the best-in-class companies that we wanted to showcase because of their work leveraging the power of data science to help companies retain their top talent."

The conference will include a research paper competition focused on data-driven approaches to managing people. hiQ Labs' Workforce Scientist in Residence, Michael Housman, PhD, has been named as a finalist for the competition. His paper, produced independently from hiQ Labs and co-authored with Dylan Minor of Harvard Business School, explores spatial management: how to best physically locate workers within an office to impact performance. The finalists will present to a panel of judges during the Expo on April 7, and the winner will be invited to present on the main stage on April 8.

"Wharton has created a remarkable event for the growing People Analytics community to share best practices and discuss innovative solutions to address pervasive and urgent human capital challenges," said Darren Kaplan, CEO and co-founder of hiQ Labs. "We are honored to be invited to participate and thrilled to have one of our own data scientists among the finalists for the research paper competition."

Follow the event via Twitter @WhartonPAC.

About hiQ Labs

hiQ Labs is the global standard for People Analytics. By applying data science and machine learning to internal and external data, hiQ Labs helps HR teams make better, more reliable people decisions. Easy to deploy and fast to deliver predictive insights, hiQ Labs' cloud platform transforms how enterprises retain their best talent. The world's most forward thinking brands rely on hiQ Labs to significantly reduce turnover and save millions of dollars in employee attrition.

Founded in 2013 and led by an elite team of data scientists and analysts, hiQ Labs has offices in San Francisco and New York. For more information, visit www.hiqlabs.com, or Twitter @hiQLabs and LinkedIn.