Sunday, 7 June 2020

3 Critical Reasons You Need HR Analytics

Have you ever wondered what it takes to build and retain the best team possible while increasing your profits?Well, you might be surprised it comes down to HR analytics. If it's a term you haven't heard of before, you're not alone. But it's becoming increasingly common and much more important in the growth of your team and business.I'm going to walk you through some common HR metrics and some tools you can use to get started. So as a growth hacker, you use data to know if your experiments or your marketing campaigns are working. As a recruiter or HR manager, you use HR analytics to make informed decisions on hiring or people management based on data. While HR analytics is important for both hiring and people management, in this article we're gonna focus on recruitment, also known as data-driven recruitment.Now you might ask, why is this important to me? Well, a recent Deloitte report found that organisations who were using people analytics appropriately reported 82 percent higher three-year average profits than those who are not yet using data analytics strategies or who are not using them correctly.So how do you start? First, you need to have a good way ...


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