3 Ways in which HR Data Analytics Optimises the Recruitment Process

3 Ways in which HR Data Analytics Optimises the Recruitment Process

In the modern business environment, businesses look for ways to lower costs and increase efficiency. One of the ways of achieving business objectives is by streamlining the recruitment process. Implementing HR data analytics in the recruitment process can help achieve efficiency and eliminate ineffective strategies.   The following are 3 ways that HR data analytics can help optimize […]

5 Ways in which HR Data Analysis Improves Overall Business Functioning

5 Ways in which HR Data Analysis Improves Overall Business Functioning

In a 2020 Deloitte report, 46% of surveyed organisations believe that the biggest impacts to the evolution of HR in the next 12-18 months are increasing new capabilities to thrive in the digital age through digital fluency and data analytics. In another (2019) Human Capital Trends survey, Deloitte highlighted that 26% of companies report effectively using technology and […]

HR Data Analytics Processes: Best Practices

HR Data Analytics Processes: Best Practices

There are so many available ways in which HR data can be analysed and interpreted to improve employee satisfaction, engagement, and essentially organisational performance. However, for HR departments, analysing this data in an accurate manner in order to find business insights is not as easy as it seems.  Some say the best way to learn […]

Top 3 Reasons Why Companies Should Analyze their HR Data

Top 3 Reasons Why Companies Should Analyze their HR Data

Analyzing HR data can set businesses ahead of the competition in their ​industry. It helps with the identification of areas in need of improvement for the better running of operations. Using HR data analytics can reveal the efficiency of business operations. This has resulted in the growth of HR data analysis among modern businesses.   Here are […]

3 Examples of How Effective Usage of HR Data Caused Employee Growth

HR Data and Employee Growth

Using HR data can help drive employee growth in the modern business environment. Employee growth is important as it directly contributes to the overall success of the organization. Using insights from HR data, strategies can be implemented that effectively drive employee growth. Several contemporary businesses have achieved success with the use of their HR data […]

8 HR Tasks that can be Automated with Data Analytics Tools

8 HR Tasks that can be Automated with Data Analytics Tools

The automation of HR tasks improves efficiency and minimizes errors in job completion. Increased efficiency, accuracy, and productivity are some of the benefits associated with automation of HR processes. Here are 8 HR tasks that can be automated with data analytics tools.  1. Tracking and Management of Employee Timesheets  Previously, it was the HR manager’s role to manually track employee […]

Without Data Analytics Capabilities, HR Departments lose up to £4.4 million per year

Without Data Analytics Capabilities, HR Departments lose up to £4.4 million per year

Prior to its adoption of HR data analytics processes, Virgin Media reported £4.4 million per year loss in revenue. Businesses that make use of data analytics capabilities in HR operations could avoid such significant losses in revenue. The size of an organization is connected to the its associated losses. Small, medium and large businesses could […]

63% of Time Spent in the Recruitment Process is Unnecessary

63% of Time Spent in the Recruitment Process is Unnecessary

The recruitment process can be resource-intensive for organizations. According to iCIMS, a software company, the time-consuming nature of recruitment processes makes it an expensive affair for the majority of contemporary organizations. Organizations are trying their best to reduce “the time to fill”. “The time to fill” is defined as the length of time taken between […]

How to use Employee Data to Measure Employee Skill Level

How to use Employee Data to Measure Employee Skill Level

Employee data provides useful insights on the worker’s skill level and work performance. You can measure specific metrics from employee data to assess their performance on the job. Knowing how to use employee data for measurement of employee skills will help determine the areas in need of additional training and development. Shook, Sage-Gavin, and Cantrell […]

40% of Expensive Employee Training is Ineffective

Employee Trainings and reasons behind ineffieciency

Investing in employee training is a priority for modern businesses. However, Mercer Mettl, a talent assessment company, highlights that 40% of the investment made in employee training does not give the desired return on investment. Employees with poor training result in premature job exits and low performance in their roles and responsibilities. Properly using information obtained through HR […]