Human Resources (HR) Analytics or People Analytics is a relatively new domain for most companies. The adoption of a specialized workforce and HR analytics in North America has been growing in the last five years faster than in other global regions. This evolution has been concentrated in certain industries and the overall adoption rates of HR analytics teams remain low across industries.
Having a good understanding of people's strategy or HR metrics is just the ticket of entrance for HR professionals to help organizations making informed people decisions. Having a more comprehensive capability on HR analytics is part of the skillset required for HR to look at the world through the business lens and become a strategic driver with a focus on effectiveness, employee experience, strategic talent management, and innovation.
As HR professional, it would be part of your career development to understand how much specialized you need and want to be in the HR Analytics field, so here we will provide an initial overview of the skillset and tools an HR professional can consider to building an HR Analytics mindset.
Starting a people analytics journey involves providing a framework and practical guidance to both HR professionals and business leaders who are considering investing in implementing an analytical approach to people-related decision-making in their organizations.