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HR analytics is one of the area in the field of analytics that refers to applying analytic processes to the human resource department of an organization to improve employee performance and therefore to get a better return on investment.
HR analytics does not only deal with gathering data on employee efficiency. Instead, it provides insight into each process by gathering data and then using it to make relevant decisions about how to improve these processes.
Origin and evolution of HR Analytics.
Benefits of Analytics and ease of implementation.
Effective use of Excel-Visualization,
Identify the key themes based on the value and culture in correlation to the current data on
Derive critical outcomes of lag and lead
indicators in specific HR focus areas.
Designing reports and HR dash board
using key HR metrics for Predictive and
Prescriptive analysis in
business decision making.
Applying trend analysis and
Ability to analyze data to review past performance and
use it to predict the future in detecting patterns
Linking past and current business performance to
Human capital decisions and finding alternative
solutions if needed.
Better approach towards identifying
problems, developing coherence and to
issues to make