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

Analytics in HR

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? What is HR analytics used for? In other words, HR analytics is a data-driven approach to Human Resources Management.

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A Guide To The 4 Types of HR Analytics

Analytics in HR

The first type of HR analytics on the list is descriptive analytics. It is known as decision analytics, and uses statistical analysis techniques to explain or summarize a particular set of historical, raw data. Descriptive analytics advantages Descriptive analytics disadvantages – The simplest form of data analysis.

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Visit us at #HRTechConf

Compensation Today

It’s why thousands of people are headed to Chicago to explore the potential enabled by new HR Technologies at #HRTechConf. Some big topics are on the slate for HR Tech this year. Maybe data science becomes a core HR function – who knows! One of the biggest is big data (I couldn’t resist). Click To Tweet.

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HR Reports: The Journey and the Aftermath!

Keka HR Blog

By measuring these KPIs, organizations can identify areas where they need to improve and make data-driven decisions to optimize their HR function. By measuring these KPIs, organizations can identify areas where they need to improve and make data-driven decisions to optimize their HR function.

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The Future of HR: 15Five’s Spark AI and HR Outcomes Dashboard Unveiled

15Five

While HRIS platforms serve as essential repositories for employee data and administrative functions, they were not built to address the complex and dynamic needs of strategic performance management. Their core focus was on data accuracy, compliance, and efficiency in handling routine HR tasks.

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21 Highest-Paying HR Jobs in 2023

Analytics in HR

Data analysis: Strong analytical skills to comprehend compensation data and make informed decisions about compensation structures and adjustments. Equity plan design : Understand equity plan design considerations, such as vesting schedules, performance metrics, and plan documents.

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How AI is already impacting the employee lifecycle

HRExecutive

According to The Conference Board, almost two-thirds (65%) of CHROs expect AI to have a positive impact on the HR function over the next two years, while a Paychex study found that 75% of HR leaders plan to use AI within the next year.