HR analytics is the process of collecting, analyzing, and interpreting data related to an organization’s workforce. This data can include information on employee performance, compensation, turnover, and recruitment. HR analytics can be used to identify trends, make predictions, and improve decision-making.
Here are some additional examples of how HR analytics can be used to benefit organizations:
- Identifying high-potential employees: HR analytics can be used to identify employees who are likely to be high performers in the future. This information can be used to target development opportunities and promotions to these employees.
- Predicting turnover: HR analytics can be used to predict which employees are likely to leave the organization. This information can be used to take steps to retain these employees, such as providing them with more training or giving them a raise.
- Optimizing recruitment: HR analytics can be used to optimize the recruitment process by identifying the most effective recruiting channels and the best-qualified candidates.
- Measuring the effectiveness of training programs: HR analytics can be used to measure the effectiveness of training programs by tracking employee performance before and after training.
HR Analytics
Leverage Data for Organizational Development
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