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HUMAN

RESOURCE
ANALYTICS, BENEFITS
AND CHALLENGES
HR Analytics
HR analytics (also known as people analytics) is
the collection and application of talent data to
improve critical talent and business outcomes.
HR analytics leaders enable HR leaders to
develop data-driven insights to inform talent
decisions, improve workforce processes and
promote positive employee experience.
Why is HR analytics so
important?
HR analytics can help your HR team put
valuable data into context and recommend
strategies that can help you attract, hire, and
keep the best talent. While HR analytics is only
the beginning, it provides you with an insightful
way to gather and use employee data more
strategically and effectively.
How do you do HR
analytics?

 Step 1: Data Collection. ...


 Step 2: Monitoring the data and
comparing with past performance. ...
 Step 3: Analysis. ...
 Step 4: Utilize the obtained data to
bring in remedial measures.
BENEFITS OF HUMAN
RESOURCE
 Greater Focus on Company Goals – Human Resource Management bridges the gap
by incorporating goal-setting into their performance management process,
connecting employees’ individual and team goals to overall organizational goals.

 Increased Employee Engagement – the power of employee engagement is hard to


understate – and it’s been top-of-mind for HR professionals for the past few years.
Companies have been facing difficulties hiring and retaining employees and
navigating trends that indicate a lack engagement, like quiet quitting and the Great
Resignation.

 More Productive Employees – Effective HRM strategies include many processes that
are proven to boost productivity:
• Goal-setting
• Effective performance management programs
• Training and development programs
BENEFITS OF HUMAN
RESOURCE
Enhanced Customer Loyalty – A happy side effect of focused, engaged
employees is that your customers will be happier and more loyal.
 Better Prepared to Manage Issues – Responding to situations
reactively, or as they happen, is time-consuming and compromises
productivity – or both HR and any other teams affected.
 Exceptional Corporate Culture – All of the positive outcomes of an
HRM approach contribute to exceptional company culture-which is a
benefit all on its own.
HR Challenges And How To Overcome
Them

 Attracting top talent


 Change management
 Reskilling and upskilling
 Building digital dexterity
 Managing diversity
 Employee engagement
 Employee retention
 Leadership development
 Employee health and well-being
 Employee onboarding
 New-hire training
 Remote workforce management
 Employee experience
 Measuring HR effectiveness
 Compensation and benefits

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