HR Analytics

Abstract

HR analytics is widely recognized in organizations for measuring performance metrics, workplace and recruitment analytics, and talent retention practices. It is the collection and implementation of talent data for enhancing critical talent and business outcomes that develops HR managers for data-driven insights, talent decisions, workforce processes, and thereby promote positive employee experience. This chapter focusses on how the four types of HR analytics methods aid in effective decision making by HR Managers and boost performance of employees. An attempt is made to measure the impact of HR metrics on overall business performance and revenue model by mitigating risks and minimizing expenses. Moreover, research on the implementation and application of HR analytics is still in process. Based on a qualitative study with HR analytics experts, it is found that a shift to a more rigorous and process-oriented perspective on HR analytics is needed. A model is thus proposed for effective implementation and application of HR analytics.

Ähnliche Arbeiten