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HR Data & Analytics

What is HR data and analytics? Human Resources analytics is a data-driven approach toward HR Management. It involves gathering together, analysing, and reporting HR data. It enables your organisation to measure the impact of HR on business performance and make decisions based on HR data.

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In the past, HR departments found it hard to clearly quantify and measure success as in the sales department, for example. HR analytics has changed that perspective. By calculating and analysing hiring costs, identifying patterns in employee turnover, etc., companies can improve their results and improve employment relations.

Is people analytics and HR analytics the same?

Often, terms such as people analytics and HR analytics are used interchangeably, but there’s a clear differentiation between them.

HR analytics measure the functioning of the HR team itself. For example, analysing KPIs such as employee turnover, time to hire, etc. Its ultimate goal is to optimise workforce management. Meanwhile, people analytics is more holistic, and aims to encompass HR, the entire workforce data and customer insights.

Guide to HR data

Here you can find some HR insights to get started with data and analytics.

  1. Define your specific HR goals and needs. They must be aligned to those of the organisation.
  2. Collect data from recruitment processes, talent management, employee performance, salary history, retention, turnover... With the help of a HR reporting tool, you can easily merge data from several sources and put it together in an intuitive report.
  3. Choose a set of KPIs and metrics to measure your goals over time. Some common choices include recruitment costs, turnover rates, absenteeism, employee satisfaction...
  4. Visualise your insights to make the information clearer and understandable for everyone. Also for non-technical users.
  5. Share and put into practice your relevant conclusions.
  6. Never stop evolving, there is an infinite range of opportunities that come with data-driven decisions.
  7. What is HR reporting?

    HR reporting consists in preparing business reports that assess HR data about processes such as onboarding, time management, performance, learning… The data and metrics used to indicate workforce trends will depend on the goals of your organisation.

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