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Human Resource Management deals with the organization’s workforce. It is responsible for everything that can be effective or beneficial for organization’s progress. Without HR department an organization’s success is crucial, so for organization’s efficiency HR plays an imperative role. HR works on recruitment of applicants, performance evaluation process, training of workers, payroll management, time and attendance management, competency management and HR analytics. The goal of HR department is to ensure company’s progress by highlighting undeveloped conditions. This is done by HR Analytics Software. In most organization data is stored in different locations or places and in different formats that make decision making difficult for managers.
HR Analytics Software is used to provide all measured information of workforce at one system. The basic goal of HR Analytics is what kind of data should be captured and how to use data to analyze employees’ capabilities. That will be helpful to increase profitability, improve the process and make relevant decision. HR Analytics Software is used to relate the business and workers data. By providing insight of an organization managers can deal with the problems and improvements in the performance of employees.
PeopleQlik’s HR Software provides integrated workforce administration that enable managers to analyze whole work situation in detail. Managers get detailed data about employees such as: hires as a percentage of total employees, gender, age, graphical, qualification, separation by reasons, cost per participant for talent development and split-up by length of service. You can enhance your employees’ performance and profitability by making quick and better decision. It also provide all employee and organization data at one system that provides easiness for usage and maintaining data. It provide good visual representation for reports.
Benefits of HR Analytics
- It provides effective monitoring to enhance workforce accuracy
- Improve efficiency, better employee performance and enhance tenure.
- Provide relationship between workforce data and operational measures.
- Provide visibility to global HR data for the top management.
- Barometer to capture the effectiveness of all the departments.
- It manages applicants in better way on the basis of qualification for a specific position.
- Helpful to increase the profitability of organization.