HR Analytics: the future of Human Resource

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HR Analytics the future of Human Resource
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• The age old descriptive analytics method such as
  the tables and reports together with the various
  metrics and ratios are not sufficient enough to
  aid to the main aim of recruiting.

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• Now days the predictive analysis used in HR is
  creating various new headways into the field of
  talent management by considering various factors
  which help to reduce the attrition rates and
  improve employee satisfaction. Almost all of the
  major organizations are lacking the proper skill
  and knowledge to apply HR predictive analytics to
  create a holistic workforce as well as increase
  workforce performance.

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• Some of the benefits of using HR analytics are -
• One can identify easily the strengths as well as
  the weaknesses of any workforce. This will lead
  to the recognition of the future leadership and
  vacancy needs.
• One can gradually recognize all the various
  critical skills which are required for any job
  and also predict the different skill sets which
  would be lost during the time of high attrition.

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• One is also able to justify the high rates of
  turnover and its causes. A program can also be
  designed easily and effectively which can control
  turnover from the gathered information so that
  the cost to the company due to the vacancies
  created is much less. Chat Assessments is there
  to provide the necessary help to prevent any
  disastrous effect on the business turnover.
• One can forecast any kind of risk posed to the
  company which affects the organization on a large
  scale and thereby integrating the total workforce
  and reducing the risk associated with managing
  the human resource.

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