Types of HR Anaytics
UNIT-
Course Instructor: Dr. Deepti Sharma
Course Name: HR Analytics
Course Code: HRM B 602
Types of HR Analytics
• Descriptive Analytics
• Diagnostic Analytics
• Predictive Analytics
• Prescriptive Analytics
Descriptive Analytics
• It gives a clear picture of what has happened
in the past and what the current scenario is.
• Take a critical look at your current state of
business.
• Helps to know turnover rate ,time to fill, cost
of hire etc.
• Data aggregation, data mining, Scorecards
and other techniques are employed
Diagnostic Analytics
• It gives more critical look into the past and
present of business and
• Helps to understand the why the issues have
occurred and all the reasons behind it.
• Tells why such a thing has happened and
– Based on the finding organization can strategize
to improve your business
Cont’d
• Techniques used-Data mining ,Data
discovery, drill-down and correlations
Predictive Analytics
• Use current and historical data to make
future predictions
• Give a look at what is going to happen
• Need data scientists and machine learning
experts to correctly execute the predictive
analysis
• Gives you detailed report
Prescriptive Analytics
• Helps to make models that will help to make
accurate predictions and
• Make real time changes that will gives the
best possible results
• Also provides recommended actions based
on the expected results from the HR
• Recommendation engines
Uses/Applications of HR Analytics
• Figure out the reason behind a high turnover in a
certain team?
• Why is the top talent quitting at a higher rate than
others?
• How to improve productivity of a team?
• Skill gaps in the organizations and how to fill those
• Predict the right people to hire for a specific role
• Predict and manage attrition rate
• Does the performance rating system actually reflect
employee performance?
Uses/Applications of HR Analytics
• Improve Hiring
• Reduce Attrition
• Improve Experience
• Productive Workforce
• Improve Process
• Gain Trust
THANK YOU

Types of Human resource Analyticscs presentation

  • 1.
    Types of HRAnaytics UNIT- Course Instructor: Dr. Deepti Sharma Course Name: HR Analytics Course Code: HRM B 602
  • 2.
    Types of HRAnalytics • Descriptive Analytics • Diagnostic Analytics • Predictive Analytics • Prescriptive Analytics
  • 3.
    Descriptive Analytics • Itgives a clear picture of what has happened in the past and what the current scenario is. • Take a critical look at your current state of business. • Helps to know turnover rate ,time to fill, cost of hire etc. • Data aggregation, data mining, Scorecards and other techniques are employed
  • 4.
    Diagnostic Analytics • Itgives more critical look into the past and present of business and • Helps to understand the why the issues have occurred and all the reasons behind it. • Tells why such a thing has happened and – Based on the finding organization can strategize to improve your business
  • 5.
    Cont’d • Techniques used-Datamining ,Data discovery, drill-down and correlations
  • 6.
    Predictive Analytics • Usecurrent and historical data to make future predictions • Give a look at what is going to happen • Need data scientists and machine learning experts to correctly execute the predictive analysis • Gives you detailed report
  • 7.
    Prescriptive Analytics • Helpsto make models that will help to make accurate predictions and • Make real time changes that will gives the best possible results • Also provides recommended actions based on the expected results from the HR • Recommendation engines
  • 8.
    Uses/Applications of HRAnalytics • Figure out the reason behind a high turnover in a certain team? • Why is the top talent quitting at a higher rate than others? • How to improve productivity of a team? • Skill gaps in the organizations and how to fill those • Predict the right people to hire for a specific role • Predict and manage attrition rate • Does the performance rating system actually reflect employee performance?
  • 9.
    Uses/Applications of HRAnalytics • Improve Hiring • Reduce Attrition • Improve Experience • Productive Workforce • Improve Process • Gain Trust
  • 10.