HR Analytics
HR Analytics is an area in the field of analytics that refers to applying analytics processes to the human resource department
Problem Statement
- Need for automated tracking and improvement of performance of all HR functions like recruitment, time & attendance, leave, performance management etc.
Solution
Data collection from employee sourcing to on-boarding to entire tenure within organization till exit. The solution tracks metrics like
- Average lead time for recruitment
- Applicant ratio
- Cost per hire
- Offer acceptance rate
- Department-wise appraisal eligibility count
- Department-wise appraisal submission count
- Department-wise appraisal completion count
- Analysis of appraisal ratings
- Department-wise punctuality
- Designation-wise punctuality
- Punctuality across time periods
- Department-wise analysis of leave trends
Value Proposition
- Improve performance of corporate HR functions through integrated analytics platform
ROI (Business Case)
- Increase throughput in transactions across HR department
