SlideShare a Scribd company logo
1 of 16
HR Analytics
Application of statistics, modelling, and analysis of
employee-related factors to improve business
outcomes.
Presented By:
Chandan Ray (D/15/EE/001)
Biswajit Changkakoty (D/15/EE/106)
Abhishek Kumar (D/15/EE/108)
Amit Jyoti Deka (D/16/EE/202)
HR Analytics?
Human Resource analytics is about analysing
an organizations’ people problems using data.
Datas are being used to answer questions
like: How High is your employee annual
turnover?
How much of your employee turnover
consists of regretted loss?
Do you know which employees will be the most
likely to leave your company within a year?
Need of HR Analytics
 Many organizations have high quality HR data (residing
with a multitude of systems, such as the HRMS,
performance management, learning, compensation,
survey, etc.) but still struggle to use it effectively to
predict workforce trends, minimize risks and maximize
returns.
 The costs of attrition, poor hiring, sub-optimal
compensation, keeping below par employees, bad
training & learning strategies are just too high
 Data-driven insights to make decisions are always better
than judgmental (subjective) HRpractices in
terms of
 how to recruit
 whom to hire
 how to onboard and train employees
 how they keep employees informed and engaged
through their tenure with the organization
Why HR Analytics?
Performance
Improvement
“Global Organizations with
workforce analytics and
workforce planning
outperform all other
organizations by 30%more
sells per employee.”
-CedarCrestone
Return Of
Invesstment
The business demands on HR
are increasinglygoing to be onanalysis
just becausepeople are so expensive.
Manage and
Measure“What gets measured, gets
managed;What gets
managed, gets executed”
- PeterDrucker
Linkage of Business
Objectives and
people strategies
“ Toclearly demonstrate the
interaction of business
objectives and workforce
strategies to determine a full
picture of likely
outcomes”
HR DashBoard - SAP
Terminologies:
Business Intelligence
Business Analytics
Business Intelligence:
Technology-driven process for analyzing data
and presenting actionable information to help
executives, managers and other corporate
end users make informed business decisions.
Business analytics:
the skills, technologies, applications and practices
for continuous iterative exploration and
investigationof pastbusiness performanceto gain
insightanddrivebusinessplanning.
Analytics
Decision
Business Intelligence=
Core
Terminologie
s
Objectives of HR
Analytics
Drive skills
training
Track changes over timeBecoming Team
Focused
Tracking Company
Profitability
LEVELS of HR
Analytics
Descriptive Analytics : Insight into the past
Descriptive Analytics : Insight into the past
 Predictive Analytics : Understanding the future
Prescriptive Analytics : Advise on possible outcomes
Descriptive Analytics
Diagnostic Analytics
Predictive Analytics
What could happen in the future ?
Regression equation for region 2
Sales = 5.6 +1.2* Advertisement Exp + 0.5*
Discount
Prescriptive Analytics
What should we do ?
1. Increase the Advertising Expense by 10%
2. Give a 5% discount for two months
Critical areas for
HR Predictive
analytics
Turnover modeling. Predicting future turnover in business units
in specific functions, geographies by looking at factors.
Targeted retention. Find out high risk of churn in the future and
focus retention activities on critical few people
Risk Management: profiling of candidates with higher risk of
leaving prematurely or those performing below standard.
Risk Management: profiling of candidates with higher risk of
leaving prematurely or those performing below standard.
HR
Analytics
Enhance
Employee
Morale
Anticipate
performance
Reduce
Attrition Benefits of
HR Analytics
Reduce Attrition
Anticipate Performance
Enhance employee morale
Finding the right talent to
run HR analytics.
A lack of confidence Currying executive support. Data quality.
Challenges to make Analytics Work
1 2 3 4 5
Data Deluge.
Conclusion
The model gives vision to HR leader to make right decision.
Understand the relationship between turnover and compensation.
Helps the organization to reach their goals.
Thank You
Lorem Ipsum is simply dummy text of the
printing and typesetting industry.

More Related Content

What's hot

Driving the Future of HR with Analytics and Bots
Driving the Future of HR with Analytics and Bots Driving the Future of HR with Analytics and Bots
Driving the Future of HR with Analytics and Bots Ahmad Areeb Faraz
 
HR / Talent Analytics
HR / Talent AnalyticsHR / Talent Analytics
HR / Talent AnalyticsAkshay Raje
 
Strategic HR Business Partnering
Strategic HR Business PartneringStrategic HR Business Partnering
Strategic HR Business PartneringRoy Mark
 
NHRD HR Analytics Presentation
NHRD HR Analytics PresentationNHRD HR Analytics Presentation
NHRD HR Analytics PresentationSupriya Thankappan
 
Big Data, Business Intelligence, HR Analytics - How they are related?
Big Data, Business Intelligence, HR Analytics -  How they are related?Big Data, Business Intelligence, HR Analytics -  How they are related?
Big Data, Business Intelligence, HR Analytics - How they are related?Shojibul Alam Shojib
 
Hr analytics
Hr analyticsHr analytics
Hr analyticsE P John
 
The Power of HR Analytics
The Power of HR AnalyticsThe Power of HR Analytics
The Power of HR AnalyticsHackerEarth
 
HR Analytics: New approaches, higher returns on human capital investment
HR Analytics: New approaches, higher returns on human capital investmentHR Analytics: New approaches, higher returns on human capital investment
HR Analytics: New approaches, higher returns on human capital investmentShanmukha S. Potti
 
Talent Management
Talent Management Talent Management
Talent Management Doug Young
 
Creating Value with Digital HR
Creating Value with Digital HRCreating Value with Digital HR
Creating Value with Digital HRCapgemini
 
The Digitization of Human Resources
The Digitization of Human ResourcesThe Digitization of Human Resources
The Digitization of Human ResourcesAccenture Technology
 
Integrated Talent Acquisition Strategy
Integrated Talent Acquisition StrategyIntegrated Talent Acquisition Strategy
Integrated Talent Acquisition StrategyWilliam Chin
 

What's hot (20)

HR ANALYTICS
HR ANALYTICS HR ANALYTICS
HR ANALYTICS
 
Driving the Future of HR with Analytics and Bots
Driving the Future of HR with Analytics and Bots Driving the Future of HR with Analytics and Bots
Driving the Future of HR with Analytics and Bots
 
HR / Talent Analytics
HR / Talent AnalyticsHR / Talent Analytics
HR / Talent Analytics
 
HR Analytics & HR Tools
HR Analytics & HR ToolsHR Analytics & HR Tools
HR Analytics & HR Tools
 
Strategic HR Business Partnering
Strategic HR Business PartneringStrategic HR Business Partnering
Strategic HR Business Partnering
 
NHRD HR Analytics Presentation
NHRD HR Analytics PresentationNHRD HR Analytics Presentation
NHRD HR Analytics Presentation
 
Big Data, Business Intelligence, HR Analytics - How they are related?
Big Data, Business Intelligence, HR Analytics -  How they are related?Big Data, Business Intelligence, HR Analytics -  How they are related?
Big Data, Business Intelligence, HR Analytics - How they are related?
 
Hr analytics
Hr analyticsHr analytics
Hr analytics
 
Hr analytics
Hr analyticsHr analytics
Hr analytics
 
The Power of HR Analytics
The Power of HR AnalyticsThe Power of HR Analytics
The Power of HR Analytics
 
HR Analytics: New approaches, higher returns on human capital investment
HR Analytics: New approaches, higher returns on human capital investmentHR Analytics: New approaches, higher returns on human capital investment
HR Analytics: New approaches, higher returns on human capital investment
 
People Analytics is the New HR
People Analytics is the New HRPeople Analytics is the New HR
People Analytics is the New HR
 
Talent Management
Talent Management Talent Management
Talent Management
 
Hr metrics and analytics pj
Hr metrics and analytics pjHr metrics and analytics pj
Hr metrics and analytics pj
 
HR analytics
HR analyticsHR analytics
HR analytics
 
Talent Analytics
Talent AnalyticsTalent Analytics
Talent Analytics
 
Creating Value with Digital HR
Creating Value with Digital HRCreating Value with Digital HR
Creating Value with Digital HR
 
The Digitization of Human Resources
The Digitization of Human ResourcesThe Digitization of Human Resources
The Digitization of Human Resources
 
Integrated Talent Acquisition Strategy
Integrated Talent Acquisition StrategyIntegrated Talent Acquisition Strategy
Integrated Talent Acquisition Strategy
 
AI in HR -
AI in HR - AI in HR -
AI in HR -
 

Similar to Hr analytics

Andy Vanzurpele HR Planning & Analytics - ING Belgium
Andy Vanzurpele HR Planning & Analytics - ING BelgiumAndy Vanzurpele HR Planning & Analytics - ING Belgium
Andy Vanzurpele HR Planning & Analytics - ING BelgiumHRmagazine
 
HRAnalyticsstarting2october262021.pptx
HRAnalyticsstarting2october262021.pptxHRAnalyticsstarting2october262021.pptx
HRAnalyticsstarting2october262021.pptxRekhaBishnoi6
 
HR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
HR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmHR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
HR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmonalijayathilaka
 
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
 
Making Workforce Analytics Stick
Making Workforce Analytics Stick Making Workforce Analytics Stick
Making Workforce Analytics Stick Jamie Greiner
 
Making Workforce Analytics Stick
Making Workforce Analytics Stick Making Workforce Analytics Stick
Making Workforce Analytics Stick Jamie Greiner
 
Predictive Analytics in HR 4 Use Cases, Benefits & Tips.pdf
Predictive Analytics in HR 4 Use Cases, Benefits & Tips.pdfPredictive Analytics in HR 4 Use Cases, Benefits & Tips.pdf
Predictive Analytics in HR 4 Use Cases, Benefits & Tips.pdfRosalie Lauren
 
Workforce Analytics in India - A state-of-evolution report 2018
Workforce Analytics in India  - A state-of-evolution report 2018Workforce Analytics in India  - A state-of-evolution report 2018
Workforce Analytics in India - A state-of-evolution report 2018Nitin Dheer
 
Visier-Datafication-of-HR.pdf
Visier-Datafication-of-HR.pdfVisier-Datafication-of-HR.pdf
Visier-Datafication-of-HR.pdfHarmanSingh510326
 
10 Indicators that People Analytics Matters For You.pptx
10 Indicators that People Analytics Matters For You.pptx10 Indicators that People Analytics Matters For You.pptx
10 Indicators that People Analytics Matters For You.pptxPixentia
 
HR Metrics_Chapter 1A.pptx
HR Metrics_Chapter 1A.pptxHR Metrics_Chapter 1A.pptx
HR Metrics_Chapter 1A.pptxKisankumarSahoo
 
Best practices in workforce diagnostics eea and strat achieve
Best practices in workforce diagnostics   eea and strat achieveBest practices in workforce diagnostics   eea and strat achieve
Best practices in workforce diagnostics eea and strat achieveEnterprise Engagement Alliance
 
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
 
Dr. Priyameet Kaur Keer: Emergence of HR Analytics
Dr. Priyameet Kaur Keer: Emergence of HR AnalyticsDr. Priyameet Kaur Keer: Emergence of HR Analytics
Dr. Priyameet Kaur Keer: Emergence of HR AnalyticsEdunomica
 
HR Analytics- Analytics Based Retention Strategies
HR Analytics- Analytics Based Retention StrategiesHR Analytics- Analytics Based Retention Strategies
HR Analytics- Analytics Based Retention StrategiesTEJAS KUMAR
 
Business analytics course
Business analytics courseBusiness analytics course
Business analytics courseSuparnaR1
 

Similar to Hr analytics (20)

Andy Vanzurpele HR Planning & Analytics - ING Belgium
Andy Vanzurpele HR Planning & Analytics - ING BelgiumAndy Vanzurpele HR Planning & Analytics - ING Belgium
Andy Vanzurpele HR Planning & Analytics - ING Belgium
 
HRAnalyticsstarting2october262021.pptx
HRAnalyticsstarting2october262021.pptxHRAnalyticsstarting2october262021.pptx
HRAnalyticsstarting2october262021.pptx
 
HR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
HR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmHR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
HR analytics mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
 
The Datafication of HR [WHITE PAPER]
The Datafication of HR [WHITE PAPER]The Datafication of HR [WHITE PAPER]
The Datafication of HR [WHITE PAPER]
 
Making Workforce Analytics Stick
Making Workforce Analytics Stick Making Workforce Analytics Stick
Making Workforce Analytics Stick
 
Making Workforce Analytics Stick
Making Workforce Analytics Stick Making Workforce Analytics Stick
Making Workforce Analytics Stick
 
Predictive Analytics in HR 4 Use Cases, Benefits & Tips.pdf
Predictive Analytics in HR 4 Use Cases, Benefits & Tips.pdfPredictive Analytics in HR 4 Use Cases, Benefits & Tips.pdf
Predictive Analytics in HR 4 Use Cases, Benefits & Tips.pdf
 
Workforce Analytics in India - A state-of-evolution report 2018
Workforce Analytics in India  - A state-of-evolution report 2018Workforce Analytics in India  - A state-of-evolution report 2018
Workforce Analytics in India - A state-of-evolution report 2018
 
Hr analytics 2
Hr analytics 2Hr analytics 2
Hr analytics 2
 
Visier-Datafication-of-HR.pdf
Visier-Datafication-of-HR.pdfVisier-Datafication-of-HR.pdf
Visier-Datafication-of-HR.pdf
 
10 Indicators that People Analytics Matters For You.pptx
10 Indicators that People Analytics Matters For You.pptx10 Indicators that People Analytics Matters For You.pptx
10 Indicators that People Analytics Matters For You.pptx
 
HR Metrics_Chapter 1A.pptx
HR Metrics_Chapter 1A.pptxHR Metrics_Chapter 1A.pptx
HR Metrics_Chapter 1A.pptx
 
Best practices in workforce diagnostics eea and strat achieve
Best practices in workforce diagnostics   eea and strat achieveBest practices in workforce diagnostics   eea and strat achieve
Best practices in workforce diagnostics eea and strat achieve
 
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
 
Introduction to Business Anlytics and Strategic Landscape
Introduction to Business Anlytics and Strategic LandscapeIntroduction to Business Anlytics and Strategic Landscape
Introduction to Business Anlytics and Strategic Landscape
 
Dr. Priyameet Kaur Keer: Emergence of HR Analytics
Dr. Priyameet Kaur Keer: Emergence of HR AnalyticsDr. Priyameet Kaur Keer: Emergence of HR Analytics
Dr. Priyameet Kaur Keer: Emergence of HR Analytics
 
HR Analytics- Analytics Based Retention Strategies
HR Analytics- Analytics Based Retention StrategiesHR Analytics- Analytics Based Retention Strategies
HR Analytics- Analytics Based Retention Strategies
 
Nividh Hcm BI
Nividh Hcm BINividh Hcm BI
Nividh Hcm BI
 
Business analytics course
Business analytics courseBusiness analytics course
Business analytics course
 

Recently uploaded

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
 
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts ServiceVip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Serviceankitnayak356677
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewasmakika9823
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
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
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
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
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
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
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
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
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...lizamodels9
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...lizamodels9
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Catalogue ONG NUOC PPR DE NHAT .pdf
Catalogue ONG NUOC PPR DE NHAT      .pdfCatalogue ONG NUOC PPR DE NHAT      .pdf
Catalogue ONG NUOC PPR DE NHAT .pdfOrient Homes
 

Recently uploaded (20)

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
 
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts ServiceVip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
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...
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
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.
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
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
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
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
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Catalogue ONG NUOC PPR DE NHAT .pdf
Catalogue ONG NUOC PPR DE NHAT      .pdfCatalogue ONG NUOC PPR DE NHAT      .pdf
Catalogue ONG NUOC PPR DE NHAT .pdf
 

Hr analytics

  • 1. HR Analytics Application of statistics, modelling, and analysis of employee-related factors to improve business outcomes. Presented By: Chandan Ray (D/15/EE/001) Biswajit Changkakoty (D/15/EE/106) Abhishek Kumar (D/15/EE/108) Amit Jyoti Deka (D/16/EE/202)
  • 2. HR Analytics? Human Resource analytics is about analysing an organizations’ people problems using data. Datas are being used to answer questions like: How High is your employee annual turnover? How much of your employee turnover consists of regretted loss? Do you know which employees will be the most likely to leave your company within a year?
  • 3. Need of HR Analytics  Many organizations have high quality HR data (residing with a multitude of systems, such as the HRMS, performance management, learning, compensation, survey, etc.) but still struggle to use it effectively to predict workforce trends, minimize risks and maximize returns.  The costs of attrition, poor hiring, sub-optimal compensation, keeping below par employees, bad training & learning strategies are just too high  Data-driven insights to make decisions are always better than judgmental (subjective) HRpractices in terms of  how to recruit  whom to hire  how to onboard and train employees  how they keep employees informed and engaged through their tenure with the organization
  • 4. Why HR Analytics? Performance Improvement “Global Organizations with workforce analytics and workforce planning outperform all other organizations by 30%more sells per employee.” -CedarCrestone Return Of Invesstment The business demands on HR are increasinglygoing to be onanalysis just becausepeople are so expensive. Manage and Measure“What gets measured, gets managed;What gets managed, gets executed” - PeterDrucker Linkage of Business Objectives and people strategies “ Toclearly demonstrate the interaction of business objectives and workforce strategies to determine a full picture of likely outcomes” HR DashBoard - SAP
  • 5. Terminologies: Business Intelligence Business Analytics Business Intelligence: Technology-driven process for analyzing data and presenting actionable information to help executives, managers and other corporate end users make informed business decisions. Business analytics: the skills, technologies, applications and practices for continuous iterative exploration and investigationof pastbusiness performanceto gain insightanddrivebusinessplanning. Analytics Decision Business Intelligence= Core Terminologie s
  • 6. Objectives of HR Analytics Drive skills training Track changes over timeBecoming Team Focused Tracking Company Profitability
  • 7. LEVELS of HR Analytics Descriptive Analytics : Insight into the past Descriptive Analytics : Insight into the past  Predictive Analytics : Understanding the future Prescriptive Analytics : Advise on possible outcomes
  • 10. Predictive Analytics What could happen in the future ? Regression equation for region 2 Sales = 5.6 +1.2* Advertisement Exp + 0.5* Discount
  • 11. Prescriptive Analytics What should we do ? 1. Increase the Advertising Expense by 10% 2. Give a 5% discount for two months
  • 12. Critical areas for HR Predictive analytics Turnover modeling. Predicting future turnover in business units in specific functions, geographies by looking at factors. Targeted retention. Find out high risk of churn in the future and focus retention activities on critical few people Risk Management: profiling of candidates with higher risk of leaving prematurely or those performing below standard. Risk Management: profiling of candidates with higher risk of leaving prematurely or those performing below standard.
  • 13. HR Analytics Enhance Employee Morale Anticipate performance Reduce Attrition Benefits of HR Analytics Reduce Attrition Anticipate Performance Enhance employee morale
  • 14. Finding the right talent to run HR analytics. A lack of confidence Currying executive support. Data quality. Challenges to make Analytics Work 1 2 3 4 5 Data Deluge.
  • 15. Conclusion The model gives vision to HR leader to make right decision. Understand the relationship between turnover and compensation. Helps the organization to reach their goals.
  • 16. Thank You Lorem Ipsum is simply dummy text of the printing and typesetting industry.