Remove Analysis Remove Analytics Remove Retention and Turnover Remove Retirement
article thumbnail

What are Workforce Planning and Analytics? | ClearCompany

ClearCompany HRM

Your HR team works to maintain that number so that every team has the people they need to be productive, even when there’s unexpected turnover. You also need to anticipate the skills your business will need employees to have in the future, create career paths, and guard against turnover. What is workforce analytics?

article thumbnail

What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

HR analytics allows HR professionals to make informed decisions and create strategies that will benefit employees and support organizational goals. In this article, we will explain what HR analytics is, its benefits, as well as how to get started and grow in your HR analytics capabilities. Contents What is HR analytics?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Guide To The 4 Types of HR Analytics

Analytics in HR

HR analytics helps HR professionals and their organizations to improve decision-making through data. There are 4 types of HR analytics methods that HR professionals can use, namely, descriptive, diagnostic, predictive, and prescriptive analytics. Contents What is human resources analytics? Descriptive analytics 2.

Analytics 115
article thumbnail

Workforce Analysis: HR’s Introduction and Guide

Analytics in HR

Conducting a workforce analysis helps you do just that. Contents What is workforce analysis? Why should you conduct a workforce analysis? How to conduct a workforce analysis. What is workforce analysis? You can carry out several different types of analysis, including: Supply analysis. Demand analysis.

article thumbnail

The HR Terms Glossary

Visier

Analytics. Analytics gives context to your data to help you see where patterns or trends (for example, how many vacation days employees in sales versus customer service are taking) may exist, which can alert you to problem areas or opportunities to double down on. Cohort Analysis. Compensation Analysis. Employee Turnover.

article thumbnail

Employee Turnover Data Analysis: 8 Tips for Success

Analytics in HR

Therefore, HR leaders are very concerned with keeping employee turnover low. That’s why employee turnover data analysis is a valuable tool in your HR arsenal. Understanding employee turnover helps you prevent employees from leaving and retain top talent. Contents What is employee turnover data analysis?

Analysis 123
article thumbnail

Talent Planning 101: The Ultimate Starter Guide (For 2023)

Analytics in HR

Workforce analysis One of the most crucial aspects of talent planning is workforce analysis. Using analytics helps leverage data to evaluate the existing workforce’s performance and identify any skills gaps, determining which skills and employees need further development. Otherwise, they’ll walk.