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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
I am part of an Analytics Solutions company that is
focused on embedding data driven decision making
HR has to cope with some very
       serious challenges
Hiring Effectiveness   Compensation Planning &       Retention
                             Allocation




                                                 3
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


                                                                   4
HR Analytics Illustration- Hiring
                  Effectiveness
Qualification                                PERFORMANCE
                                  TENURE       RATING      PROMOTION
                      Job Roles

 Institution
                                  SALARY      ATTRITION     INCENTIVES




  Location                                       COST




                                  Quantify     Normalize      Weightage
      The Fitment Conundrum

                                                           Data Driven
                                                           Hiring
                                                           Decision
                                                           Engine
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
HR Analytics Illustration-
     Drivers of Retention

                            Everybody seems to be leaving!!!
How do I
retain my
employees?




                                      PROMOTION




                                      MULTIVARIATE             THEMES &
             SEGMENTATION             INTERACTIONS             SENTIMENTS
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
THANK YOU

E-Mail – enquiries@bridgei2i.com
LinkedIn -
http://www.linkedin.com/company/bridgei2i
-analytics-solutions
Facebook – http://tinyurl.com/bridgei2ifb
Twitter - @BRIDGEi2i
Web – www.bridgei2i.com

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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 3
  • 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 4
  • 5. HR Analytics Illustration- Hiring Effectiveness Qualification PERFORMANCE TENURE RATING PROMOTION Job Roles Institution SALARY ATTRITION INCENTIVES Location COST Quantify Normalize Weightage The Fitment Conundrum Data Driven Hiring Decision Engine
  • 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 E-Mail – enquiries@bridgei2i.com LinkedIn - http://www.linkedin.com/company/bridgei2i -analytics-solutions Facebook – http://tinyurl.com/bridgei2ifb Twitter - @BRIDGEi2i Web – www.bridgei2i.com