{"id":20820,"date":"2020-02-12T17:22:10","date_gmt":"2020-02-12T11:52:10","guid":{"rendered":"https:\/\/www.oracleglobe.com\/?p=20820"},"modified":"2020-07-21T23:15:36","modified_gmt":"2020-07-21T17:45:36","slug":"how-hr-analytics-and-hr-data-benefit-a-business","status":"publish","type":"post","link":"https:\/\/www.oracleglobe.com\/how-hr-analytics-and-hr-data-benefit-a-business\/","title":{"rendered":"How HR Analytics And HR Data Benefit A Business"},"content":{"rendered":"
Let\u2019s start off with understanding what HR is!<\/p>\n
Human Resources or (HR) is a department of the company which handles screening and interviewing of the candidates, training applicants for the job and are responsible for employee satisfaction.<\/p>\n
HR helps the company and the workforce adapt to the ever-changing world of business.<\/p>\n
For an organization regardless of its size, it is essential to have an HR Department as the HRs focus on maximizing the productivity of the workforce and protecting the company from any problems that may arise from the side of the employees.<\/p>\n
HR of a company has many responsibilities to shoulder and some of these are compensation and benefits, recruitment and laying off of employees, and it is their duty to be updated on laws regarding the same.<\/p>\n
A few people-related activities an HR is supposed to do in order to add value to the company are:<\/p>\n
Human Resources Analytics is the field of analytics that deals with people analysis and also deals with the application of the analytical process to the human capital\/workforce in order to improve employee performance.<\/p>\n
In other words, Human Resource Analytics is a methodology to help HRs gain insight on how the human capital assets contribute to the 4 main successful outcomes of a company<\/p>\n