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Analytics, modelling and forecasting: using people data for insight

cipHR

HR software has the potential to capture more HR data than ever. Is your HR team making the most of this opportunity to gain real insight into your people? When the pandemic turned business as usual upside down in early 2020, HR teams were faced with more questions than they had answers for.

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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? Example: Annual employee turnover rate.)

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5 Best Practice Tips for Reducing Time-to-Hire

PeopleStrategy

In fact, according to Zywave’s 2022 Attraction and Retention Benchmarking Overview, finding and keeping great employees is considered one of the top-five problems by 75% of businesses surveyed. Having an efficient recruiting system can also help attract new talent to relevant positions.

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Benchmarking: Friend or foe of the HR Team?

LACE Partners

We are often asked by clients or HR teams in our community about benchmarking and specifically about providing data on how HR teams are performing in their ‘space’. We explore the value of benchmarking, some of the challenges of not being clear on what you are benchmarking, as well as how it can be beneficial.

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

Analytics in HR

HR metrics provide a data-driven approach to managing human capital, offer insights into the effectiveness of HR practices, and ultimately predict the future. Let’s take a look at the commonly used HR metrics and how you can track and utilize them in your organization. Contents What are HR metrics?

Metrics 93
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How Bob helps you create a compensation strategy to attract and retain top talent 

Bob

Therefore, companies must have access to up-to-date compensation data for reporting purposes and a strategy in place that ensures fair pay without bias. Bob’s job catalog is included in Bob’s Core HR functionality and provides a clear understanding of leveling and responsibilities across your organization.

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People Analytics and HR-Tech Reading List

Littal Shemer

If you are interested in additional free resources for data science and R programming, check the comment section of this post. “Technology, data analytics, and artificial intelligence already impact how people work and engage with organizations. Click titles for Kindle versions (Work in progress. First published: May 14th, 2018.