SoniSplashBI

HR Predictive Analytics

1:53 pm 13 December 2019

Applying a predictive model in HR teams has astonishing results on the company’s dollars. Analytics in HR enables greater and quicker decision making with the use of HR metrics. As mentioned earlier, it is on a groundbreaking level; HR predictive analysis can optimize its impact both on employees and customers, along with the overall business.

HR predictive analytics gives additional leverage to HR leaders by analyzing the existing data, previous experiences, and provide them with insights on future outcomes. It also helps them in preparing for what’s to come.

Predictive Analysis is Optimizing and Enhancing HR Strategies in one too many ways:

Eliminate Problems that Come with Turnover
Improve and Fasten the Hiring Process
Redesign Retention Strategies
Minimize Risk and Forecast Better to Stay Prepared

Why Employee Retention is So Important?

3:01 pm 4 December 2019

Why Employee Retention is So Important for any Organization?

Employee retention has been a focus of HR for a long time, probably for as long as there has been HR. It’s evident that retaining employees is good, but the full impact of retention is often not recognized. So, why is employee retention so important, especially now?

1. Turnover is expensive
2. Veteran Employees Add Value
3. Bad Hires Hurt Morale
4. Your Competitors Benefit Directly!

People Analytics to The Rescue
Here is where People Analytics come to the rescue. We have a lot of people data in our HCM systems. We can use new technology to analyze this data and answer the tough questions.