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HR analytics
What is HR analytics?
HR analytics is an approach that helps a company use data to make the right decisions in managing its workforce.
HR teams collect data on things like productivity, engagement, and turnover rates. By analyzing this information, they can figure out how to help employees reach their full potential and improve overall business performance.
Let’s say a company looks into why employees are leaving and finds that many are quitting due to rigid work schedules. Based on these insights, HR might introduce flexible hours or remote work options to boost retention.
Modern HR analytics tools — like AI and machine learning — can even predict potential issues before they happen. For instance, companies can identify employees at risk of leaving and take action to keep them engaged.
HR analytics is also used to evaluate the effectiveness of training, plan HR budgets and develop strategies to improve employee engagement. This turns HR analytics into a powerful strategic management tool that can improve a company’s competitiveness.
Алфавит
Soft skillsMental health at workHR processesHiring processProfessional developmentSoftware as a service (SaaS)HR management softwareBackground checkTalent acquisitionNew employee introductionHourly employeeContinuous performance managementAbsenteeism policyDirect reportsBehavioral interviewBehavioral competenciesPerformance improvement planFloating holidayTermination letterJob evaluationOffboardingDisability leaveSick leaveLeave of absenceTime trackingHoliday payAgile methodologyOrganizational chartEmployee experiencePaid time off (PTO)Onboarding processZero-based budgeting (ZBB)Job dissatisfactionNepotismIndependent contractorMetricsLoyalty of employees (eNPS assessment)Cross-functional teamsMatrix organizationTurnover rateVacancy rateCompetencyHoliday accrualCompensationCore competenciesKey workerKey Performance Indicator (KPI)Employee classificationEmployee directoryCareer siteCareer growthCareer pathCareer plateauWorkforce planningArtificial intelligence in HRHuman resources information system (HRIS)Intellectual propertyEmployee Net Promoter Score (eNPS)Employee life cycleRevenue per employeeHarassmentJob instructionDocument management in HRVoluntary benefitDisciplinary proceduresDisciplinary actionBusiness partnershipHR dashboardHybrid work modelBusiness agilityFlexible working hoursExit interviewEmployee burnoutOne-on-one meetingsRecruitment funnelEmployee engagementInternal recruitmentVirtual HRVertical organizationWellness programsGross incomeGross amountGross wagesEmployer brandEmployee benefitsSick leave payWell-beingHR business partnerEmployee databaseBuddy systemOutstaffingOutsourcingHR auditAssesment centerUpskillingHR analyticsJob analysisTraining needs analysisWorkforce utilization analysisWorkforce availability analysis
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