2. What is people analytics?
• People analytics is a data-driven approach to managing
people at work. People analytics, also known as HR
analytics, workforce analytics, or talent analytics, revolves
around analyzing people problems using data to answer
critical questions about your organization. This enables
better and data-driven decision-making.
16. Examples of problems to solve
• The resignation rate – How many employees resign within any
given period in terms of the overall workforce?
• The recruitment times – How long does it take to fill a job
position, as well as the time it takes for a candidate to accept
an employee?
• Staff turnover rate – How many recruits leave after the first
year, five years and so on?
• The revenue from full-time employees – What is the revenue
generated per full-time worker?
• Amount of overtime pay – How high is overtime pay and how
often is it implemented?
• The ratio of permanent to temporary workers – How many of
the employees are part-time compared to full-time?