PhD candidate and result-oriented Director with 25 years experience with involvement in all levels of Business Strategy, Sales and Marketing, Managing Project and Product Development. Aside of managing a company, he is also the best corporate trainer and public speaker in seminar and conference.
In today's data-driven world, HR analytics are helping to guide talent, management, and hiring decisions for organizations of all sizes and in all industries. The impact of HR analytics into a business structure offers significant benefits that will be beneficial for the organization. Further let’s find out the impact of HR Analytics in organization.
HR analytics help the organization to look at an employee's professional life by analyzing performance-related data. The employee’s performance data could be used by the hiring manager to identify great talent. This data not only provides more insights about the employees but also shapes the strategies to boost employee morale, retention, and engagement.
HR can now have a better influence in management’s decision-making with strong evidence of their data, putting them at the same level as data-driven divisions such as finance, sales and marketing. A result-oriented HR department with substantial data will appear more business-like and demands greater respect and attention from other business divisions.
Better Hires & Retention
Predictive analytics allow HR to foresee the right people to hire and identify who are most likely to become successful leaders. By analysing these sets of data, HR can also understand why some employees leave, and why they stay. This can help HR plan for a better recruitment strategy and boost employee engagement plan.
HR professionals who want to succeed in today's competitive digital world must be able to learn fast and adapt to the changing business trends. HR analytics helps you fully understand what is currently happening and what is required to keep the business operations running smoothly.