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Setting Up HR Analytics in the Organization
Understanding the benefits of HR Analytics.
Introduction to HR Analytics
HR Analytics refers to the analysis and collection of HR (Human Resources) data to improve the insight on what is going well and what areas can be improved for better efficiency.
Say, for instance, a software development company has a high employee turnover, which means the operational productivity is not at its peak currently. HR Analytics lets you drill down into the cause of high turnover, and effective strategies to reduce it. This will lead to a marked boost in productivity and revenue.
Interview: deputy national statistician on legacy tech, lockdowns and a ‘leap forward’ for government’s use of data
Alison Pritchard on plans for the 2021 census, ensuring public trust in statistics – and her next epic boat journey
Photo: Louise Haywood-Schiefer
You may have noticed that statistics are having a bit of a moment.
Many of us have spent unusually large chunks of the past year poring over statistical outputs including numbers of cases, R-rates, vaccine efficacy, and many more besides. We have watched daily as ministers, public health officials – and, yes, statisticians – have pointed to screens displaying graphs and numbers, intended to elucidate for us the parts of the story that words alone cannot.