Does your current or former employer utilize HR analytics? If so, how? If not, in what ways do you think your company could benefit from using these analytics? Based on your readings, be specific with your suggestions.
Introduction
I am working in a private firm, and the management is not using HR analytics. The human resource management is using some traditional HR strategies to evaluate employees and improve the performance accordingly. The need of HR analytics is in the limelight to have a better return on investment, as far as the investment in employees is concerned.
HR Analytics
The HR analytic is a process of using statistics and modeling of worker-related data to predict some work patterns and make decisions for improvement of both, employees and the company (Marr, 2016).
Benefits of Using HR Analytics & Suggestions
Through adopting this particular process, my organizations can get different benefits. For Instance, the first benefit can be the best hiring decisions. By using historical data, some predictable results can be derived to have the best candidate in the company. Also, through HR analytics, the management of the company can differentiate its training process. The HR analytic can provide a full swing to the training process. The management can identify the utilization of different opportunities by employees (Matthews, 2017). The most prominent suggestion for the company is to gain or derive insights from data regarding the employee tracking, performance, and sharing. Several analytics tools can be used by the company to evaluate the performance and make some improvements accordingly. The broad aspect of HR analytics is that it enables the employee retention. For Instance, the company management can judge or predict reason why employees leave and stay in the company. Based on this, the HR manager can make some good retention strategies to retain the best talent in the company (Marr, 2016).
Conclusion
Being an employee of the company, I want the company management to use the HR analytics, which is also good for my personal growth. The management and employees can work together through effective implementation of HR analytics. For a long run, the HR analytics can ensure the business and improve sustainability.
References
Marr, B. (2016, March 1). The 8 HR Analytics Every Manager Should Know About. Retrieved from https://www.forbes.com/sites/bernardmarr/2016/03/01/the-8-hr-analytics-every-manager-should-know-about/#5c0d3a34788f
Matthews, C. (2017, July 5). The four factors that make HR data analytics a success for organizations. Retrieved from https://www.thehrdirector.com/features/big-data/four-factors-make-hr-data-analytics-success-organisations/
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