Know how HR can Leverage the Power of Predictive Analytics
The ability to combine HR data with business outcome data when making forecasts through data analytics is one of the important business trends for HR managers, according to a veteran in the field. HR’s data mainly consists of activity and compliance data, such as data about employees salary, when they were hired, when they were promoted, their performance review scores, data about the managers, and their engagement scores. However, HR managers do not monitor and track the actual performance of employees in their job role, once they are on board, and this is a very important distinction, said the CEO of Talent Analytics, Greta Roberts. "Employees are hired by the companies to perform a specific role for their business – finance, sales, IT, call centres, and the like,” she said. “At the end of the day, business enterprises want to know if employees are performing the job responsibilities for which they are hired. Business performance needs to be tracked in the business.” ...