HR Analytics
This program helps the HR Professionals in identifying those key aspects of their employee data which should be measured and analyses in order to meet the organization’s overall goals. By the end of this program, the participants will be able to identify and work with different metrics. They will also understand the nuances of reporting and analyzing the data gathered with the help of metrics.
Duration: 25-30hrs
Course Content:
- What is HR Analytics
- Origin and evolution of HR Analytics
- Benefits of implementing HR Analytics
- MEC Model of HR Analytics
MODULE 2- IDENTIFICATION
- Linking HR to Business drivers
- Values and Culture
- Key Strategic Themes
- Introduction to the Balanced Scorecard- The HR aspect
MODULE 3- QUANTIFICATION
- First generation – Cost Determinants.
- The second generation- Lead and Lag Indicators.
- Lead indicators for compensation.
- Lead indicators for recruitment.
- Lead indicators for performance management.
- Lead Indicators for Learning and Development.
MODULE 4 ANALYSIS
- Implementing Trend Analysis
- Implementing Predictive analytics
- Using Regression and Correlation
- Benchmarking process
MODULE 5 – REPORTING
- Creating charts and graphs
- Creating a Pivot Table
- Creating HR Dashboards