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What are HR Analytics?
HR analytics is the process of collecting and analyzing Human Resource (HR) data in order to improve an organization’s workforce performance. The process can also be referred to as talent analytics, people analytics, or even workforce analytics.
This method of data analysis takes data that is routinely collected by HR and correlates it to HR and organizational objectives. Doing so provides measured evidence of how HR initiatives are contributing to the organization’s goals and strategies.
For example, if a software engineering firm has high employee turnover, the company is not operating at a fully productive level.
It takes time and investment to bring employees up to a fully productive level.HR analytics provides data-backed insight on what is working well and what is not so that organizations can make improvements and plan more effectively for the future.
As in the example above, knowing the cause of the firm’s high turnover can provide valuable insight into how it might be reduced. By reducing the turnover, the company can increase its revenue and productivity.
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HR Analytics Course Training Learning Outcomes
HR Analytics course has helped professionals to cut and slice data to derive insights by identifying and analyzing people-related problems. It is transitioning the way companies recruit, develop, and manage attrition. Today HR departments are hiring people with good communication and consultation skills so that they can manage relationships and stakeholders by communicating results to them. For any analyst to have a data-driven mindset is very important because then they can make the most out of the data by extensively utilizing analytics tools. It is said that Analytics will tile the way for the future of the HR and Recruiting system in our country. This course provides an overview of recent developments and practices in the field of HR analytics course and provides practical examples of what it means to be an HR professional. The students will learn to collect, track, store, retrieve, analyze and interpret structured and unstructured HR data to enhance the efficiency and effectiveness of human resource functions within the organization as well as support decision making. This course aims to boost your career and competency levels in people-related data strategies and policies that impact the organization today. Students will also learn to develop Machine Learning approaches in HR and people-centric transformation. By the end of this course, you’ll have a better grasp on.
. Work with various information sources
. Analyze structured and unstructured data using different tools and techniques
. Develop an understanding of descriptive and predictive analytics
. Apply data-driven, machine learning approaches for HR functions such as attrition prediction
. Understanding how surveys work and perform analytics on them
. Use ML techniques to create a personalized experience for employees
. Use data visualisation concepts to represent data for easy understanding
Who Should Sign Up?
. HR, People, Recruitment, compensation, training and related professionals
. For both Senior and Junior levels, either to improve performance or find a new job
. For Freshers to want to enter HR domain
. All graduates/PG with Good English & Communication skills
Analyze and visualize data to inform business recommendations and decisions
Develop analytics capabilities in your organization
Apply rigorous analysis to common HR challenges around hiring top talent, engaging the workforce, managing retention, and evaluating workforce diversity
Apply a cost-based approach to determine the business impact of investments in HR initiatives
HOW IT WORKS
Dr P C Gita
Thoughtware training is formed by group of Supply Chain, HR, Marketing & Data Science professionals with vast industry and consulting experience .
The primary objective of the organization is to provide consultation and training to companies and career enhancement coaching and classes to individuals who aspire to become better at their professional life.