Documente Academic
Documente Profesional
Documente Cultură
1. Why HR Analytics
2. Development of HR Analytics
3. Stages of HR Analytics
4. Trends
5. How Headsup will help
6. HR Analytics Model
7. Example: Finding the cost of onboarding an employee
1
Why HR Analytics
• Objective performance management
• Better understanding of company
• Accurate record of progress
• Better financial performance
• Faster decision making
• Execute decisions as intended
• Make data driven decisions for gaining competitive advantage
2
Development of HR Analytics
Informed Decision Making
Today
1907-1959
HR lags
1872-1942 Modern behind in
Finance making
including data
Predicting Portfolio driven
Consumer management decisions
behavior for making
1700-1900
using future
Rise of Marketing prediction
Statistical Research
Science
Complexity 3
Stages of HR Analytics
5. HR Cloud:
According to mya.com
• An integrated set of tools, improve user experience,
better data management and faster innovation helps in
enhancing employees’ digital experience 79% use automated HR solutions
to help them take a more
• Integrating cloud platforms with cognitive technologies, strategic role in their
AI and robotics to deploy technologies gives single organization.
consistent interface through which employees can access
HR services and information with ease
5. Health and Wellness
• Wellness inside the workplace is getting as important as 79%
inside the workplace. A broad range of wellness apps
claim to improving employees’ health and happiness.
6
According to 2018 U.S. survey
HR Analytics Trends
1. Ongoing process:
Companies are working towards gathering data regularly
through real-time sources such as pulse surveys, candidate
feedbacks
Expected use of technology in the next 3 years
2. From HR to Workforce Analytics:
The data which is used is beyond HR and involves other 87%
83% 83%
9
HR Analytics Model
Aligning Solutions to
Solutions Analysis
Business Problems
10
Example: Finding the cost of onboarding an employee
1. Problem:
• High cost of onboarding for sales trainees
• Time consuming process
• Employees used to leave right after the training process ended
2. Data Accumulation and filtration:
• Collected data related to the process, time and cost of all inputs of the on boarding process
• Segregated data in different rows and columns such as salary of mentor per hour, number of hours of on
boarding
• Removed outlier data such as employee id, date of birth
3. Create metrics:
• Listed KPIs, cost scale, units and amount
• The cost of on boarding was calculated on the basis of the metrics
11
4. Analysis:
• The total cost of on boarding was Rs. 48,885 which was much higher than the benchmark rate
• Onboarding process lasted for 65 hours which created a sense of boredom for the employees
• The entire training program was part of the onboarding process which didn’t allow them to apply
their learnings anywhere during the first 2 weeks. This led to a situation where employees tend to
leave the organization as soon as their training was over
5. Solutions:
• Use online form filling instead of paper based
• Make the new employees complete paperwork filling before their first day
• Create a video for introduction of the company which saves initial training time
• Use gamification for departmental training
• Conduct on the job training instead of classroom training
12
6. Aligning Solutions to Business Problems: Paperwork
• Cut onboarding cost by 47.88% 36
35
34
33
Cost of paper
32
31
• By completing the paperwork before joining 30
Training time
70
60
• An introductory video created a sense of 50
30
new employees and saved 35 hours of total 20
training time 10
0
13
Cost of Trainer
40000
36000
30000
engaged. Th time and cost of trainers came down 25000
to 50% 20000 18000
15000
10000
5000
Attrition Rate
14