Keywords : HR analytics

Effective Workforce Management using HR Analytics

Mr. Ragimol; Sudha A. G.; Peterkumar F. J.

International Research Journal on Advanced Science Hub, 2021, Volume 3, Issue Special Issue 6S, Pages 82-86
DOI: 10.47392/irjash.2021.171

HR Analytics has been widely used in organisations for gathering and interpreting data which has made the management able to take wise decisions regarding their workforce, which constitutes the major part of decision making in the organisation. It is a set of statistical tools that enables an HR analyst to come out with imminent data regarding employees and thus take accurate decisions which support the objectives of top management. Analytics helps in analysing and forecasting data regarding key HR metrics in employee value and performance. The utilisation of data to determine ROI in the strategic decisions taken will help in the growth of business. There have been many papers which focus on the conceptual part and acceptance of HR analytics in firms. This paper stresses the basic facts on using HR analytics as a tool for effective workforce management in organisations and considers the opportunities and challenges on the extent of its utility. This study gives theoretical concepts alone based on secondary data collected from leading research papers and opinions of research scholars, company reviews and various blogs.

Conceptualizing the Importance of HR Analytics in Attrition Reduction

Rupa Chatterjee Das; Anjana Devi S.C

International Research Journal on Advanced Science Hub, 2020, Volume 2, Issue Special Issue ICAMET 10S, Pages 40-48
DOI: 10.47392/irjash.2020.197

The objective of the conceptual paper for analysing the opportunities and challenges of HR Analytics for reducing the attrition rate in the organization. The paper highlighted the important reasons of high attrition in different type of organizations and the effective approaches by the respective organizations for reducing attrition rate. Employee attrition is one of serious issues in the current corporate scenario as it impacts on the organizational image, values, culture, reputation, and job satisfaction. Moreover, high attrition is related to high cost for any organization. This research intended to explore employee attrition and finding out gaps in work and improve in those areas for reducing attrition accordingly. The sources of data used are both primary & secondary. HR Managers of select organizations were requested to share the recent trends with the usage & applications of HR Analytical tools. The data was collected by conducting personal interactions over telephones as primary source. Journals & research articles in the domain of HR analytics were used to get better insights. Effective recruitment structure, working environment and Employee Engagement is created. Though the prediction by HR Analytics is a challenging job but there are many methodologies which can change the look of the organization and HR team can measure and predict the gap for attrition. This research paper explains the analytical process for reducing attrition and importance of utilization of HR Analytics.