People Analytics
June 12, 2024

People Analytics Defined: 7 Metrics That Matter

Summary:
People analytics is the practice of turning HR data into better decisions. See the 7 metrics that matter most and how to start tracking them today.

As HR pros and people leaders, we know metrics matter and they should matter even more because Workforce Analytics aren’t just for Human Resources anymore. The health of the organization and business is vital to the health of your workforce. 

First let’s cover what are people analytics? 

People analytics is collecting and applying organizational, people, and talent data to improve critical business outcomes. It enables HR departments to gain data-driven insights to make decisions on different people processes and turn them into actions to drive the performance of an organization. 

Today’s companies are seeking solutions that can be easily used by anyone tasked with boosting efficiency and productivity, cutting costs, and increasing revenue. HRBench has created an infographic with seven metrics that matter to people leaders.

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According to SHRM research, more than 9 in 10 business leaders say that People Analytics elevates the HR profession. Let HRBench help you ascend to new heights! Our platform empowers you to assess the efficiency and success of recruitment practices, pinpoint retention challenges, gauge the impact of internal and external events on your workforce, and delve into other crucial business metrics. Click on "Request a Demo" to find out how we can help you leverage your data, so you can spend less time in spreadsheets and more time on strategy and innovation.

#HRTech, #WorkforceAnalytics, #PeopleAnalytics #WhatisPeopleAnalytics


Source: AIHR: https://www.aihr.com/blog/people-analytics/#What

Jason Murphy
Jason leads product at HRBench. He has 17+ years of product management experience, including roles at Payfactors, ADP, Payscale, Healthcare Source, and Kenexa. He specializes in designing intuitive solutions to complex HR data problems.