Organisational & People Analytics

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What is data analytics in HR?

Data Analytics are increasingly becoming part of the HR toolkit. You probably know that you are sitting on a wealth of valuable data but are not sure how to turn it into useful information or actionable insights.

Data Analytics combines information about what has happened in the past (lagging KPIs) and what might happen in the future (leading KPIs). It can be used to solve a wide range of HR and business problems including boosting employee engagement, identifying flight risk for talent management, improving quality of hiring and recruitment.

With the right people analytics platform, you can better motivate and manage your people, create more relevant HR strategies, and transform the value HR contributes to your business.

What metrics and KPIs should HR measure?

Depending on the business problem you are trying to solve there are a wide range of HR metrics that you can measure.

HR performance

Metrics measure the cost effectiveness of the workforce and include:

Revenue per employee
Labour cost per employee
Cost of absenteeism
Training efficiency
Turnover rate of talent
Absence rate per manager/department

Recruitment

Metrics measure the effectiveness of your recruitment activities and include:

Quality of hire
First-year attrition
Cost per hire
Applicants per opening (including splits by diversity measures)
Time to fill/hire
% of open positions

General workforce

Metrics measure people factors across the organisation and include:

Average age
Average length of service
Retirement rate
Engagement/satisfaction rates

HR predictive analytics

Predictive analytics allow you to utilise the metrics you have combined with business insights and observations to predict future behaviours and trends.

Examples of ways in which predictive analytics can be used in HR include:

Capacity planning and recruitment needs to meet future business targets/goals
Predicting your Talent Acquisition Pipeline
Candidate and employee profiling to predict future productivity, skills gaps and potential flight risk.

Flexible Solutions for HR Challenges

Affordable People Analytics Packages that can be tailored for you

If you’re not sure where to start on your analytics journey, we’ve a number of packages to help get you up and running.

Bronze
^$ 100 Monthly
Key foundation metrics for HR best practice. All your main HR data connected giving you up to date reporting in user-friendly dashboards. Includes:
- Headcount
- Hires
- Diversity
- Employee Turnover
- Employee Progression
- HR Finance Summary
Request a quote

Silver
^$ 100 Monthly
Automate tracking the impact of attendance on productivity and improve guidance and insights for managers. Includes all Bronze features plus
- Time & Attendance
- Absence
- Agency Staff Analysis
Request a quote

Gold
^$ 100 Monthly
All your employee engagement and performance data connected to ensure that your organisation’s greatest asset is motivated to achieve the best results. Includes all Bronze and Silver features plus:
- Engagement
- Performance
- Learning & Development
- Succession planning
Request a quote

Platinum
^$ 100 Monthly
HR, Talent and Business data seamlessly connected so you can answer any business question quickly and with confidence. Includes all Bronze, Silver and Gold features plus:
- Gender Pay Gap
- Budget and Forecast Planning
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Bespoke

For specific business issues that you want to resolve, tailor your solution with just the features you need.

Contact us for more information

+44 (0) 845 508 6943

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