HR Analytics for Beginners
Getting started with HR Analytics
What you will learn
Fundamental knowledge and Skills of HR Analytics
Basic Principles of HR Analytics
Setting up HR Analytics function within your organization
How to create HR Metrics
Transitioning from HR Metrics to HR Analytics
HR Analytics Process
Challenges you may encounter in your HR Analytics Project
Description
The Human Resource function has gained the reputation of making decisions relying on guts feeling which has made the HR department the least popular in most of organization. The HR has always been regarded as soft and known to do things in a specific way because they have always done it that way. HR doesn’t have the reputation of playing the game of numbers like sales. HR also struggles to quantify and measure its success, as compared to finance or marketing.
HR Analytics enables the HR to quantify its effort and impact in order to encourage better people decisions. When you start measuring the impact of HR, it will enable the organization to become truly effective .HR can deploy analytics so as to speak the business language as all the other departments in the organization. HR Analytics offers the HR the weapon that aids in establishing its position as a serious strategic business partner and resolve most of the challenges facing the HR.
In this course you will learn:
Gain the fundamental knowledge and skills for HR Analytics
The basic principles of HR Analytics
How to set up a HR Analytics function in your organization
How to create HR Metrics
How to transition from HR Metrics to HR Analytics
Factors hindering HR Analytics projects success
The HR Analytics Process
Basic excel formulas and calculating metrics in MS Excel