What is HR analytics? An Introduction

Post on 12-Apr-2017

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AN INTRODUCTION TO HR ANALYTICS

Analytics in HR

Data Analyst & Founder AnalyticsinHR.com

Blogs – (e)Book – Consultancy – CoursesWe analyze people data and help companies develop their own in-house HR

analytics function

Erik van Vulpen

WHAT IS HR ANALYTICS?HR Analytics is about Identifying and

Quantifyingthe Human Drivers of Business outcomesMaking better decisions using HR data

QUESTIONS HR ANALYTICS CAN ANSWERRecruitment: Which candidate will

performer best?

Turnover: Who is at risk of leaving?

Performance management: What are the three most important drivers of sales performance?

SWP: Which departments are over/understaffed?

L&D: Should I opt for training A or training B?

Recruitment

Absence Turnover Incidents Defects Productivity Profit

-70%

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

20%

30%

-37%

-65%

-48%-41%

21% 22%

IMPACT OF ENGAGEMENT

Gallup, 2012

BEST BUYY1: 0,1%. -> Y2: $100

000 in sales PER

SHOPHBR, 2010

Every analytics journey starts with a relevant business question or problem.

question datacleaning

dataselection

dataanalysis

actionableinsights

#startsmall

ASK THE RIGHT QUESTION

WHAT NOT TO DO…•Don’t be too ambitious•Don’t focus too much on data•Don’t focus too much on data governance•Don’t focus too much on predictive analytics

HOW TO GET STARTED•Knowledge•Talk to the business•Work with data experts•Loop in compliance/legal•Start small

 These slides are part of a webinar which can watch here.

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