SlideShare a Scribd company logo
1 of 10
How Can Data
Analytics Boost
Human Resource
Management
Data analytics have transformed human resource management.
Discover why it's essential for companies to use HR metrics and
analytics to make informed decisions.
The essence of any successful
business lies in recognizing the
pivotal role of its people. It’s no
longer a new concept, and an
anonymous industrialist has very
well said, “A company’s success is
directly proportional to the
investment it makes in its
employees.” The industrialist was
speaking from a gut perspective
Tip: Use links to go to a different page inside your presentation.
How:Highlight text, click on the link symbol on the toolbar, and select the page in your presentation you want to connect.
Currently, human resource
managers play a critical role in
managing a company’s most
valuable asset – its employees
– and providing insights to
upper management. However,
with the advent of technology,
the role of HR leaders has not
only changed but also gained a
fresh perspective
Five Key Areas
1.Evaluating Employee
Performance
Traditional 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, HR
can identify trends and factors that might otherwise go
unnoticed, leading to more accurate and effective
performance evaluations.
2. Determining 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.
3. Controlling 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.
4. Evaluating Employee Engagement:
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.
5. Measuring 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.
THANK YOU !

More Related Content

Similar to IT Solutions.pptx

Data-driven HR reshaping the business landscape
Data-driven HR reshaping the business landscapeData-driven HR reshaping the business landscape
Data-driven HR reshaping the business landscapeElizaPeter1
 
HR Metrics_Chapter 1A.pptx
HR Metrics_Chapter 1A.pptxHR Metrics_Chapter 1A.pptx
HR Metrics_Chapter 1A.pptxKisankumarSahoo
 
Visier-Datafication-of-HR.pdf
Visier-Datafication-of-HR.pdfVisier-Datafication-of-HR.pdf
Visier-Datafication-of-HR.pdfHarmanSingh510326
 
Innovative human resources
Innovative human resourcesInnovative human resources
Innovative human resourcesBetsy Booboo
 
Unit5 emergingtrendsinhr-181112061206
Unit5 emergingtrendsinhr-181112061206Unit5 emergingtrendsinhr-181112061206
Unit5 emergingtrendsinhr-181112061206somnath00007
 
Unit 5 Emerging Trends in HR
Unit 5  Emerging Trends in HRUnit 5  Emerging Trends in HR
Unit 5 Emerging Trends in HRprachimba
 
The Datafication of HR [WHITE PAPER]
The Datafication of HR [WHITE PAPER]The Datafication of HR [WHITE PAPER]
The Datafication of HR [WHITE PAPER]Sage HR
 
Aligning HR Goals & Corporate Objectives for Greater ROEI
Aligning HR Goals & Corporate Objectives for Greater ROEI Aligning HR Goals & Corporate Objectives for Greater ROEI
Aligning HR Goals & Corporate Objectives for Greater ROEI Sage HRMS
 
HR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
HR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmHR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
HR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmonalijayathilaka
 
Human resources anaHR analytics allows HR professionals to make informed deci...
Human resources anaHR analytics allows HR professionals to make informed deci...Human resources anaHR analytics allows HR professionals to make informed deci...
Human resources anaHR analytics allows HR professionals to make informed deci...KhushiPatel175395
 
Human resources analytics- introductions
Human resources analytics- introductionsHuman resources analytics- introductions
Human resources analytics- introductionsprachikamani11
 
3 hr trends that are becoming best practices
3 hr trends that are becoming best practices3 hr trends that are becoming best practices
3 hr trends that are becoming best practicesTahir Chaudhry
 
McKinsey on Organization CHROs and talent management
McKinsey on Organization CHROs and talent managementMcKinsey on Organization CHROs and talent management
McKinsey on Organization CHROs and talent managementPeter Allen
 
People Analytics: Creating The Ultimate Workforce
People Analytics: Creating The Ultimate WorkforcePeople Analytics: Creating The Ultimate Workforce
People Analytics: Creating The Ultimate WorkforceCenterfor HCI
 
Shrm role in creating value
Shrm role in creating valueShrm role in creating value
Shrm role in creating valuePreeti Bhaskar
 

Similar to IT Solutions.pptx (20)

Evidence-Based HR
Evidence-Based HREvidence-Based HR
Evidence-Based HR
 
Data-driven HR reshaping the business landscape
Data-driven HR reshaping the business landscapeData-driven HR reshaping the business landscape
Data-driven HR reshaping the business landscape
 
HR Metrics_Chapter 1A.pptx
HR Metrics_Chapter 1A.pptxHR Metrics_Chapter 1A.pptx
HR Metrics_Chapter 1A.pptx
 
HR Analytics
HR AnalyticsHR Analytics
HR Analytics
 
Visier-Datafication-of-HR.pdf
Visier-Datafication-of-HR.pdfVisier-Datafication-of-HR.pdf
Visier-Datafication-of-HR.pdf
 
Innovative human resources
Innovative human resourcesInnovative human resources
Innovative human resources
 
Hr metrics and analytics pj
Hr metrics and analytics pjHr metrics and analytics pj
Hr metrics and analytics pj
 
Unit5 emergingtrendsinhr-181112061206
Unit5 emergingtrendsinhr-181112061206Unit5 emergingtrendsinhr-181112061206
Unit5 emergingtrendsinhr-181112061206
 
Unit 5 Emerging Trends in HR
Unit 5  Emerging Trends in HRUnit 5  Emerging Trends in HR
Unit 5 Emerging Trends in HR
 
The Datafication of HR [WHITE PAPER]
The Datafication of HR [WHITE PAPER]The Datafication of HR [WHITE PAPER]
The Datafication of HR [WHITE PAPER]
 
Aligning HR Goals & Corporate Objectives for Greater ROEI
Aligning HR Goals & Corporate Objectives for Greater ROEI Aligning HR Goals & Corporate Objectives for Greater ROEI
Aligning HR Goals & Corporate Objectives for Greater ROEI
 
HRM CHAPTER 1.pptx
HRM CHAPTER 1.pptxHRM CHAPTER 1.pptx
HRM CHAPTER 1.pptx
 
HR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
HR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmHR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
HR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
 
Human resources anaHR analytics allows HR professionals to make informed deci...
Human resources anaHR analytics allows HR professionals to make informed deci...Human resources anaHR analytics allows HR professionals to make informed deci...
Human resources anaHR analytics allows HR professionals to make informed deci...
 
Human resources analytics- introductions
Human resources analytics- introductionsHuman resources analytics- introductions
Human resources analytics- introductions
 
3 hr trends that are becoming best practices
3 hr trends that are becoming best practices3 hr trends that are becoming best practices
3 hr trends that are becoming best practices
 
Transforming today’s workforce
Transforming today’s workforceTransforming today’s workforce
Transforming today’s workforce
 
McKinsey on Organization CHROs and talent management
McKinsey on Organization CHROs and talent managementMcKinsey on Organization CHROs and talent management
McKinsey on Organization CHROs and talent management
 
People Analytics: Creating The Ultimate Workforce
People Analytics: Creating The Ultimate WorkforcePeople Analytics: Creating The Ultimate Workforce
People Analytics: Creating The Ultimate Workforce
 
Shrm role in creating value
Shrm role in creating valueShrm role in creating value
Shrm role in creating value
 

Recently uploaded

Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
DEPED Work From Home WORKWEEK-PLAN.docx
DEPED Work From Home  WORKWEEK-PLAN.docxDEPED Work From Home  WORKWEEK-PLAN.docx
DEPED Work From Home WORKWEEK-PLAN.docxRodelinaLaud
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsApsara Of India
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechNewman George Leech
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 

Recently uploaded (20)

Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
DEPED Work From Home WORKWEEK-PLAN.docx
DEPED Work From Home  WORKWEEK-PLAN.docxDEPED Work From Home  WORKWEEK-PLAN.docx
DEPED Work From Home WORKWEEK-PLAN.docx
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman Leech
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
Best Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting PartnershipBest Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting Partnership
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 

IT Solutions.pptx

  • 1. How Can Data Analytics Boost Human Resource Management Data analytics have transformed human resource management. Discover why it's essential for companies to use HR metrics and analytics to make informed decisions.
  • 2. The essence of any successful business lies in recognizing the pivotal role of its people. It’s no longer a new concept, and an anonymous industrialist has very well said, “A company’s success is directly proportional to the investment it makes in its employees.” The industrialist was speaking from a gut perspective Tip: Use links to go to a different page inside your presentation. How:Highlight text, click on the link symbol on the toolbar, and select the page in your presentation you want to connect.
  • 3. Currently, human resource managers play a critical role in managing a company’s most valuable asset – its employees – and providing insights to upper management. However, with the advent of technology, the role of HR leaders has not only changed but also gained a fresh perspective
  • 5. 1.Evaluating Employee Performance Traditional 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, HR can identify trends and factors that might otherwise go unnoticed, leading to more accurate and effective performance evaluations.
  • 6. 2. Determining 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.
  • 7. 3. Controlling 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.
  • 8. 4. Evaluating Employee Engagement: 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.
  • 9. 5. Measuring 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.