Role of Analytics in making a Human Resources (HR) function more effective and efficient.
BRIDGEi2i provides Business Analytics Solutions to enterprises globally, enabling them to achieve accelerated business impact harnessing the power of data. These analytics services and technology solutions enable business managers to consume more meaningful information from big data, generate actionable insights from complex business problems and make data driven decisions across pan-enterprise processes to create sustainable business impact.
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Cybersecurity Awareness Training Presentation v2024.03
Analytics - A Magic Wand for HR Professionals
1. Analytics- A magic wand for HR Professionals
Karthikeyan Damodaran
BRIDGEi2i Analytics Solutions
karthikeyan.damodaran@bridgei2i.com
The Fifth Elephant 2012, Bangalore
28th July, 2012
@ 2012 BRIDGEi2i Analytics Solutions Pvt. Ltd. All rights reserved
2. I am part of an Analytics Solutions company that is
focused on embedding data driven decision making
3. HR has to cope with some very
serious challenges
Hiring Effectiveness Compensation Planning & Retention
Allocation
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4. What is HR Analytics
• It is leveraging the data lying around in the HR database and elsewhere in the
organization to take the best possible decisions regarding people, their well being and
their development.
• It is realizing that solutions to the most intractable problems lies buried in the data
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6. HR Analytics Illustration-
Compensation Planning & Optimization
GOALS BUDGET MARKET
How much to
pay?
Business/ Tolerance Fund Target
Individual Level by Goal Constraints Positioning
Performance Type
Performance Differentiation Allowable Specialized
Rating Philosophy Spread Skills
OPTIMIZATION ENGINE
PROBLEM SOLVED
7. HR Analytics Illustration-
Drivers of Retention
Everybody seems to be leaving!!!
How do I
retain my
employees?
PROMOTION
MULTIVARIATE THEMES &
SEGMENTATION INTERACTIONS SENTIMENTS
8. Visualizing a Data Driven
HR Organization
METRICS DRIVEN ANALYTICALLY
Targeted DETERMINED
and WORKFORCE
optimized PERFORMANCE
resource
deployment
Fact based
decisions
Measurable
contribution to
ENHANCED Business STRATEGIC LEVER
AWARENESS OF
THAT LIFTS
WORKFORCE
BUSINESS
ISSUES & TRENDS
OUTCOMES
9. THANK YOU
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-analytics-solutions
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