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

Analytics in HR

Importance of HR analytics HR analytics examples Key HR metrics Data analytics in HR: How to get started How to transition from descriptive to predictive and prescriptive analytics in HR HR analytics certification FAQ What is HR analytics? However, certain circumstances may require incorporating external benchmarking data.

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Compensation Analysis: The Definitive 2022 Guide

Decusoft

There are several benchmarks that are used to analyze data between roles and companies. One benchmark that is typically included in a compensation analysis is salary and benefits data for companies operating in similar industries. Common benefits include health insurance, retirement plans, tuition reimbursement, and vacation.

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How to Avoid Talent Gaps with Data-Driven Succession Planning

Visier

Is there a retirement risk among the succession candidates on your slate? Digging deeper can also show if the succession pool is viable over the long-term based on employees proximity to retirement: This analysis shows how close to retirement employees in the succession pool might be. Fictional data used. Fictional data used.

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How Top Organizations Approach Employee Engagement

DecisionWise

We actually create benchmarks so you can compare to other organizations. I’ll actually talk about our best-in-class benchmark today. That’s how we actually know that Joy, Tim, and Tina’s organizations are within those best-in-class benchmarks. And so, let me first talk about our best-in-class benchmark.

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Overcome your worker shortage with strategic HR benefits

Edcor

Low rates of educational attainment and large numbers of worker retirements are two factors that have created a need for qualified workers that is immediate and will increase in the future. In the past 30 years, the number of certificates awarded has grown 800 percent illustrating the flexibility and value that certificates have.

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Compensation Analyst: All You Need to Know About the Role

Analytics in HR

Benchmarking jobs against data collected and market intelligence to determine competitive compensation for each role. Liaising with insurance brokers and investment planners to create competitive benefits packages for the company and facilitating enrolment for insurance and retirement plans. Get a certification.

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A Full Guide To the Human Resources Specialist Role

Analytics in HR

Tasks may include: Managing compensation records Benchmarking of compensation Handling annual performance reviews. HR certification programs: Enrolling in various HR certification programs can further hone your skills. Certificate programs can also provide you with additional practical knowledge to apply within the role.