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What is HR Analytics ?

Human resource analytics (HR analytics) is an area in the field of analytics that refers to applying analytic processes to the human resource department of an organization in the hope of improving employee performance and therefore getting a better return on investment.

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What is HR Analytics ?

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  1. What is HR Analytics?

  2. HR analytics is also referred to as people analytics, workforce analytics, or talent analytics. Human Resource analytics is about analyzing an organization's’ people problems using data. It enables you to answer critical questions about your organization.

  3. Challenges for HR Analytics Holding Information: HRIS, LMS, ATS, etc. are chock full of ripe, relevant, and often current information. Yet, it is not common practice that HR delivers high-impact reports to stakeholders.

  4. Broad Data: Focusing on metrics too big to assess. E.g. Voluntary vs. Involuntary Termination statistics. What if the right people are voluntarily leaving? What if the wrong employees are staying?

  5. Analysis Skills: HR is often not the analytical expert in the organization; instead it was the CFO or Engineering or Quality team. Enhancing analysis and data evaluation skills may be a professional development focus for some HR professionals.

  6. Big Data and NOT So Big: If the organization is large, it is easy to collect big data on recruiting, training, succession planning, turnover. But organizations that are smaller do not often have big data. Therefore analysis and critical thinking related to smaller data require different approaches when small samples are used to make big decisions.

  7. Curiosity: Ask, “What is the most important thing(s) needed to be evaluated to impact the business and to help leaders make informed decisions?”

  8. To know more details about the HR Analytics visit the official site mentioned below. • https://darwinbox.com/features/mis-analytics.php

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