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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Trend 3: Advancing HR technology integration AI isn’t just in movie plots anymore—it’s here, and it’s here to stay. AI-powered HR tools can help organizations make decisions and manage their workforces more effectively. These technologies can also help HR functions become more efficient, equitable, and data-driven.

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

Analytics in HR

HR analytics originates from data housed within Human Resources and is aimed at optimizing HR functions. People analytics expands beyond HR to incorporate data from other sources within the organization, such as marketing, finance, and customer statistics, to address a wider scope of business issues.

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What Is Human Resources?

Analytics in HR

As a function, HR covers the processes, practices, and strategies to attract, develop, and retain employees who contribute to the company’s overall success. HR is vital in aligning the organization’s business objectives and employees’ needs and aspirations.

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20 HR Metrics To Consider Adding to Your Company’s KPIs

Pingboard

In this post, we’ll go over 20 HR metrics — qualitative and quantitative — that will deliver the clearest insights for your organization. . What Are HR Metrics? . For that reason, they’re also referred to as HR key performance indicators (KPIs). . As you’ll see, HR metrics include a wide range of core and non-core areas like: .

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19 HR Metrics Examples: Making Data-Driven Decisions in 2024

Analytics in HR

These metrics cover a wide range of areas, including recruitment, retention, training, employee satisfaction, performance, and productivity. They provide valuable insights that help inform strategic decisions, optimize HR processes, and boost overall organizational performance. Why are HR metrics important?

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People Analytics and HR-Tech Reading List

Littal Shemer

“Technology can have huge benefits for the HR function: saving time by streamlining processes, boosting engagement by enabling analysis of people data or improving employee development by allowing staff to access the content they need on different platforms, wherever and whenever they need it. Boudreau , Wayne F. Fink (2019).

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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.