Effective HR Metrics and Analytics

Companies and organizations must make decisions based on a variety of factors and perspectives, and few are as important as human resources when it comes to taking action. A company’s human capital is vitally important, but it is one of the more complex sides of operating a business.

Instead of clean, hard data, employees can present a variety of qualitative factors that are hard to put into numbers that work for analytics. 

This training course is designed to provide participants with an in-depth introduction to HR analytics that will enable them to develop the skills to initiate a HR analytics systematic plan in utilizing methods and tools in linking HR and business strategies, assessing organisational readiness for analytics initiatives, building the credibility and value added by HR using analytical insights to improve talent management processes defining the roles, capabilities, and structures required to maximise analytics effectiveness.

• Gain an understanding of what HR analytics is and the various types of HR data
• Comprehend business metrics and HR analytics to evaluate the organisation's performance
• Maximize the HR and Workforce Analytics Model to link human capital results and activities to business performance
• Develop a plan for gathering data and implementing human capital measurement in the organisation
• Evaluate the data from an advanced perspective and use analytic techniques based on the business context
• Develop an action plan to use and communicate metrics to the organization for performance improvement and/or meeting business objectives.