HR Analytics and Dashboard basics with Pexitics 2019
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The document discusses the importance of HR analytics in enhancing stakeholder satisfaction, efficiency, and talent management in organizations. It highlights various key performance indicators (KPIs) that can be tracked, including employee satisfaction and revenue per employee, and emphasizes that 71% of businesses view talent analytics as a critical issue. The author, Subhashini Sharma Tripathi, offers expertise in helping organizations implement HR analytics effectively.
HR Analytics and Dashboard basics with Pexitics 2019
- 1. HR ANALYTICS AT THE WORKPLACE
- 2. HUMAN RESOURCES HR ANALYTICS ENABLERS & INSIGHTS Talent Policy Processes Engagement Performance Data SYSTEMSPEOPLE TRACK THROUGHANALYTICS • Stakeholder Satisfaction KPI • HR Efficiency KPI • Talent KPI • Revenue & Cost KPI
- 3. STAKEHOLDER SATISFACTIONANALYTICS • Quality Satisfaction KPI • Learning Outcomes KPI • Manpower KPI • Employee Satisfaction KPI • Vendor Management KPI LEADERSHIP HR “ HR leadership in the areas of stakeholder satisfaction is key to improving confidence in the organisation. ”
- 4. HR EFFICIENCYANALYTICS • Data Efficiency KPI • Attrition & Retention KPI • Employee Referral KPI • Employee ROI KPI • Industry Benchmarking KPI LEADERSHIP HR “ Benchmarking is the first step to efficiency. What can be measured, can be improved. ”
- 5. TALENT MANAGEMENTANALYTICS • Hiring KPI • Performance KPI • Attendance & Well being KPI • Talent Succession KPI LEADERSHIP HR 71% Talent Analytics is a major issue for 71% of businesses.
- 6. REVENUE & COST ANALYTICS • Revenue per employee KPI • Budgets and Costs KPI • Process Costs KPI • Specific Goal KPI LEADERSHIP HR 36% An average of over 30% costs can be saved through process simplification and data insights.
- 7. 1 2 3 4 Predictive HR Analytics 5 HRDataintegration Business integration Data Collection Value creation Early stage Data collection Automated/Dynamic Data capture Data outcomes & insights Prescriptive HR Analytics SAAS/R/Python/Power BI/Excel Stats “ Focus first on the low hanging fruits to begin the HR Analytics journey. There is no improvement without a start. ”
- 8. WE UNDERSTAND ANALYTICS Subhashini Sharma Tripathi is the author of the book and our Chief Data Scientist @ Pexitics Her knowledge and experience is available to help organisations in the journey of HR Analytics. Reach out today at subhashini@pexitics.com Visit our Assessment & Surveys platform PexiScore.com