Example of areas to analyze with People Analytics
People Analytics has become a must-have for organizations seeking to optimize their employee management processes, improve productivity, enhance employee experience and foster organizational growth. However, to take full advantage of People Analytics, it is essential to understand the different areas that make it up. In this article, we'll explore different examples of areas to analyze with People Analytics and their importance in today's context.
Talent acquisition
Talent acquisition analytics involve using data to evaluate, correct shortcomings and improve recruitment processes. This includes analyzing the most effective recruitment sources, assessing candidate quality and identifying the factors influencing employee turnover. By understanding these aspects, companies can optimize their recruitment and selection strategies to attract and retain the best talent.
Performance and productivity
This area of analysis focuses on the evaluation of individual and collective employee performance. Using data such as performance appraisals, productivity indicators and attendance data, companies can identify the factors that contribute to employee success and implement measures to improve the organization's overall productivity.
Talent retention and mobilization
In today's talent shortage environment, it's essential to understand what motivates employees, and what keeps them with your organization. This information is crucial to reducing turnover and boosting employee engagement. To better analyze this area, you can use data such as that gathered from employee engagement surveys, exit interviews and performance data. This will enable you to identify trends and factors influencing employee retention.
Diversity, equity and inclusion (DEI)
One of the areas that has emerged and grown in importance in recent years is DEI. Using primarily demographic, movement (internal and external) and diversity metrics, companies can assess the effectiveness of their diversity, equity and inclusion initiatives, to better identify areas for improvement and create more inclusive work environments for all employees.
Training and skills development
Investment in training and talent development is an important element in fostering your organization's long-term growth and development. Training and skills development analytics uses data on training programs, skills assessments and performance to assess the impact of employee development initiatives and identify areas where improvements can be made.
In short, People Analytics encompasses a wide range of areas, all of which can have a significant impact on your organization's performance and success. By using available data strategically, companies can make more informed decisions, improve their processes and create more effective and fulfilling working environments for their employees. Ultimately, this can lead to greater market competitiveness and long-term sustainable growth.