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Beginner’s Guide to Collecting and Analyzing HR Metrics

Homebase

Aspect HR Analytics People Analytics Workforce Analytics Primary Focus Operational aspects of HR (e.g., recruitment, retention) Employee behavior and performance Overall workforce planning and strategy Data Scope HR-specific data (e.g., You can talk live to a certified advisor and have an expert review your policies.

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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources also refers to the workforce or people employed in an organization.

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People Analytics and HR-Tech Reading List

Littal Shemer

It covers all the core areas of HR including recruitment, performance management, learning and development (L&D), and reward. “As business priorities change and focus shifts to address arising issues, HR professionals need to be able to reorganize talent swiftly and plan for future needs to enable the business to succeed. .

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Overcome Performance Management Challenges in Banking & Finance Sector

Empxtrack

Industry Experts and Analysts mention the following as the pressing tasks for Banking and Finance Industry: Highly Aggressive Sales Targets & Customer Service Benchmarks. Frequent Goal Tracking and Performance Reviews. Millennial Workforce and Their Digital Expectations. Workforce Planning for Productivity and Profitability.

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Why Is Human Resources Important? 8 Top Reasons

Analytics in HR

Compensation and benefits management through offering fair and competitive pay and benefits. HR professionals conduct salary benchmarking, set pay ranges, manage payrolls, and designs benefit plans. Employee performance management by setting clear expectations, evaluating performance, and providing feedback.

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5 HR Analyst Job Descriptions – A Brief Analysis

Analytics in HR

Ensure compliance with Data Privacy and Protection Guidelines. Under direction and supervision, the Compensation Analyst will be responsible for assisting in the interpretation of compensation policy, job evaluation and design, market pricing, and compensation benchmarking. Assist in rollout and implementation of HR programs.

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What is human capital management – and how do you strategize it?

Workable

Organizations should aim to provide competitive and fair compensation packages that align with industry benchmarks and reflect the value of each employee’s contributions. When employees know how they’re doing and what they’re expected to do, and can see the results of their work, they’ll perform better.