Asked by Margaret Marshall on Jun 06, 2024
Verified
Define HR analytics.List three uses of workforce analytics.
HR Analytics
An evidence-based approach for making better decisions about employees and HR policies, using a variety of tools to report HR metrics and to predict outcomes of HR programs.
Workforce Analytics
The use of statistical methods and analytical tools to analyze employee data and improve organizational decisions, workforce planning, and HR policies.
- Understand the concept and uses of HR analytics in workforce management.
Verified Answer
RK
Rohtash KumarJun 08, 2024
Final Answer :
HR metrics and workforce analytics applications address the challenge of getting business intelligence for strategic decision making. HR analytics has been defined as an HR practice enabled by information technology that uses descriptive, visual, and statistical analyses of data related to HR processes, human capital, organizational performance, and external economic benchmarks to establish business impact and enable data-driven decision making.
Some uses of workforce analytics are:
• Predicting the probable success of a candidate.
• Identifying and quantifying physical risks to employees.
• Identifying workforce characteristics that contribute to fraud.
• Measuring employee engagement and predicting turnover.
• Identifying obsolete departments and or positions.
Some uses of workforce analytics are:
• Predicting the probable success of a candidate.
• Identifying and quantifying physical risks to employees.
• Identifying workforce characteristics that contribute to fraud.
• Measuring employee engagement and predicting turnover.
• Identifying obsolete departments and or positions.
Learning Objectives
- Understand the concept and uses of HR analytics in workforce management.