Analysing Industries with Respect to HR Analytics in their Strategic Roles


Authors : Yashi Srivastava; Saumya

Volume/Issue : Volume 6 - 2021, Issue 7 - July

Google Scholar : http://bitly.ws/9nMw

Scribd : https://bit.ly/2Vaijcc

Abstract : HR Analytics is the statistical and datamodelling technique which helps in analysing employee data enabling managers to create people strategies that drive business outcomes. Nowadays, it is widely being used by various companies to improve the organization’s workforce performance and their market value or standards by tracking and keeping records of its employees, customer relationship and co-workers. To analyse these things in detail, the present study explores few verticals of HR with respect to HR Analytics and their market tools using the methodology- reviewing existing literature, interviews and questionnaires/surveys. The present study will also be exploring few real time case studies along with the future opportunities and/or limitations of HR Analytics

Keywords : HR Analytics, Strategic roles, Recruitment and Selection, Workforce forecasting, Employee Attrition Rate, Performance Management

HR Analytics is the statistical and datamodelling technique which helps in analysing employee data enabling managers to create people strategies that drive business outcomes. Nowadays, it is widely being used by various companies to improve the organization’s workforce performance and their market value or standards by tracking and keeping records of its employees, customer relationship and co-workers. To analyse these things in detail, the present study explores few verticals of HR with respect to HR Analytics and their market tools using the methodology- reviewing existing literature, interviews and questionnaires/surveys. The present study will also be exploring few real time case studies along with the future opportunities and/or limitations of HR Analytics

Keywords : HR Analytics, Strategic roles, Recruitment and Selection, Workforce forecasting, Employee Attrition Rate, Performance Management

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