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How HR tech’s people data boosts business performance

HiBob

Today’s best HR strategy leans on people tech to take the focus off the paperwork and put the emphasis on improving culture, employee engagement and retention, and the business’s bottom line. But what tech can you use to support your business’s HR functions and free up the time you need to put your energy into your people?

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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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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

When the candidate is finally selected, HR prepares the job offer and onboard them. Compensation and benefits : HR ensures that employees are well cared for by giving them competitive salaries and benefits. HR is involved in designing and implementing these learning and development programs.

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HR Reports: The Journey and the Aftermath!

Keka HR Blog

The criticality of HR reporting for an organization’s success cannot be overstated. HR reporting provides a way to gather and analyze HR data, allowing organizations to track key performance indicators (KPIs) such as employee turnover rates, time-to-hire and diversity metrics. Not every quitter, though, raises an alarm.

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

Pingboard

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: . Onboarding . Retention . Recommended Reading: Why is HR Important? Tracking and analyzing HR efforts empowers organizations from top to bottom.

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Leveraging People Analytics for Greater Employee Retention

Acendre

It’s no secret that employee retention has skyrocketed to the top of the HR agenda across industries. But what is the best way to go about creating a solid retention strategy? Well, a whopping 82% of organizations (according to SHRM Research) now embrace people analytics to tackle the turnover challenge.

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HR Analytics vs. People Analytics: What’s the Difference?

Engagedly

Source Today, every business activity, from sales and marketing to recruitment and onboarding of new hires, generates a significant volume of data. HR Analytics vs People Analytics Source Let’s start by understanding HR and people analytics individually, along with some concrete examples of each: 1.