HR Analytics; the new normal !
Analytics i.e. commonly used as graphs and charts of various forms are at the core of analytics. We have found that professionals are well capable of understanding when important concepts are being displayed in a graphical form. With visual data, given to the management team of non-core HR department, they will be able to understand it easily and make the faster decisions and more importantly based on real time facts, accordingly.
HR systems should be smart enough, to put the HR data in terms of graphs and charts. Many organizations are now applying analytics to their people data.
We can visualize and process data into our business routine in minutes. Strong analytics tools helps you to get the visual image in terms of graphs and charts in seconds. So the HR Department, has the graphs and charts, available on demand, in real time. You may have data based on various criteria:
- Head Count (attrition, leavers, joiners)
- Roles / Designations
- Compensation, individual compensation elements, like Basic Salary, Allowances, etc.
At the click of a mouse you will be able to print the data and hand over to the stakeholder, for review.
HR chronicle has a powerful HR analytics tool, you would need to derive your data intelligence from.