How Nationwide Can Benefit From People Analytics
Stratifyd’s AI-powered text analytics software was utilized to gather and analyze over 1,500 current and former Nationwide employee reviews on Indeed.com. Nationwide employs more than 39,000 individuals across the U.S., making employee retention and turnover rate a major concern. Stratifyd’s platform created a clear picture of employee satisfaction through the use of people analytics and data visualization.
The results revealed five key areas, that determined whether employees did or didn’t stay with the company.
Benefits & Compensation scored 3.33 out of 5 stars with a focus on health benefits, paid time off, and salary concerns.
Work-Life Balance scored 3.41 out of 5 stars, looking at flexibility of hours, workload requirements, and life occurrence consideration.
Culture Rating scored 3.33 out of 5 stars, including personal relationships between coworkers, between employees and management, as well as overall work environment.
Job Security & Advancement scored 3.09 out of 5 stars, including layoff concerns, promotion frequency & availability, as well as standards of performance evaluation.
Upper Management scored 3.14 out of 5 stars, including aspects regarding how upper management related to those employed below them and how changes in policy or directives from the top affected day to day work life.
One of the biggests contrasts Stratifyd found was the differing sentiment scores based on job title of current and former employees. Sentiment is a value associated with popular buzzwords, and can range from -3.0 to +3.0. Below are a few job titles on both ends of the scale.
Associate Agent scored -2.0
Technical Clerk scored -.70
Associate Claims Specialist scored 0.00
Account Executive scored +1.0
Specialist scored +2.5
Overall, there was an average positive sentiment score of 2.07 between both current and former employees.
Stratifyd’s platform allowed HR executives to better understand what plays into employee satisfaction and what actions are available to protect their bottom line by enticing employees to stay. The capability to process large volumes of data from almost any source with Stratifyd offered HR the ability to create comprehensively useful visualizations and clearly conceptualize their employee’s voice.
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