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HR analytics – cookie anyone? ...Cough cough IT team

Posted on Jan 5th 2015

With the vast amounts of data available which sections of data can really help in exposing areas of improvement and help HR Professionals gain a competitive advantage.

Human resources analytics, also called talent analytics, is the application of sophisticated data mining and business analytics (BA) techniques to human resources data.

Big data also has attracted the attention of human resource managers who now can analyse mountains of structured and unstructured data to answer important questions regarding workforce productivity, the impact of training programs on enterprise performance, predictors of workforce attrition, and how to identify potential leaders.

According to a 2013 survey by talent analytics software vendor  SHL, more than three-quarters (77%) of HR professionals are unable to determine how their enterprises' workforce potential is affecting the bottom line, while less than half (44%) use objective data regarding talent performance to guide business decisions.

There are multiple providers of HR analytics software however to get the most out of data there has to be some knowledge within the team of how best to interpret the findings or else it could turn into a pointless exercise. HR hasn’t always been associated with data junkies so it might be worth investing in a cookie jar for your IT boffins.

Interesting Fact: The largest biscuit measured 754 m² (8,120 ft²) and was made by the Immaculate Baking Company (USA) in Flat Rock, North Carolina, USA on 17 May 2003. The chocolate chip cookie weighed 18 tonnes (40,000 lb) and had a diameter of 30.7 m (101 ft).