Title: How Can Data Analytics Boost Human Resource Management
1How Can Data Analytics Boost Human Resource
Management
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2How Can Data Analytics Boost Human Resource
Management
BUILD A HIGH-QUALITY DATA FOUNDATION Peoples
data can be easily collected and securely stored
on a single cloud-based HR system that the whole
organization can trust. Such advancement has
helped in creating a high- quality data
foundation that HR leaders can build upon
to accelerate the HR analytics journey.
Learn More
3Five Key Areas
- Evaluating Employee Performance
- Determining Raises and Promotions
- Controlling Attrition, Increasing Retention
- Evaluating Employee Engagement
- Measuring Individual and Group Development
4Evaluating Employee Performance
- Present your ideas to the audience in
easy-to-understand language.Make the audience
understand, motivated and - inspired by your ideaTraditional performance
evaluations are often based on simplistic
metrics like gross sales numbers, which can
overlook important factors like mentorship or - relationship-building skills. By applying data
analytics to the process of evaluating employee
performance.
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5Determining Raises and Promotions
- Using data analytics to determine appropriate pay
raises and promotions can help prevent valued
workers from slipping - through the cracks. By analyzing
performance-based data, HR can ensure that
workers are being compensated fairly and
recognized for their contributions to the
organization, which can increase employee
loyalty and performance.
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6Controlling Attrition, Increasing Retention
By examining data on employee engagement
and satisfaction, HR can identify patterns that
might be leading to high levels of employee
turnover. By addressing underlying issues and
improving employee engagement and satisfaction,
HR can reduce attrition rates and increase
retention, which can save the organization money
and improve morale.
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7Evaluating Employee Engagement
The key to a high-performing company is often the
level of employee engagement. By measuring
employee engagement through employee feedback,
HR can identify areas that need improvement and
initiate engagement by asking for employees
opinions. Engaged employees tend to be more
excited about their job and perform better than
average, and they are less likely to look for
new career opportunities outside the company.
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8Measuring Individual and Group Development
Data analytics can be used to measure the growth
and development of individuals and departments,
particularly in training programs. By using
hypothetical situations and AI technology to
customize training programs based on employee
feedback, HR can improve employee skills and
knowledge, leading to increased productivity and
job satisfaction.
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9Thank You