HR Analytics is about leveraging the power of data to make data-driven workforce-related decisions. With HR Analytics, you will be able to convincingly show business leaders the direct impact of HR processes and initiatives on business outcomes – sales, revenue, cost-savings, productivity, and customer satisfaction.

Who should Join:

1. HR professionals responsible for leading or managing an analytics function

2. HR leaders and business executives who want to be able to direct data scientists

and analysts or understand how predictive analytics work

3. Analysts and HR professionals who want to upgrade their competencies beyond descriptive analytics

4. Business executives who want more from HR

Learning Objectives:

In this masterclass, you will:

1. Learn the steps for designing and implementing an HR Analytics project (from conceptualization, formulation of business issue/question, implementation, data analysis to implementation and evaluation).

2. Do hands-on predictive analytics using an open-source data analysis software and visualization tool

3. Apply predictive analytics in:

• Key Drivers Analysis

• Predicting Employee Turnover

• Predicting Employee Performance

• Recruitment and Selection Analytics

• Leadership Impact and Competency Analysis

• Assessment of Impact and ROI of Interventions (such as Training Programs)

4. Learn data visualization and create HR report dashboards using Power BI

Fundamentals of HR Analytics

• Why HR Analytics?

• Competencies of an HR Analytics Team

• How to Implement an HR Analytics Project

• Conceptualization (Formulate Business Questions and Build Hypothesis)

• Execution (Generate Data, Conduct Analyses, Generate Insights and Recommendations, Communicate)

• Implementation and Evaluation

Predictive HR Analytics

• Tools and Techniques for Predictive Analytics

• Applications:

1. Key Drivers Analysis of Engagement

2. Predicting Employee Turnover

3. Predicting Employee Performance

4. Recruitment and Selection Analytics

5. Leadership Impact and Competency Analysis

6. Impact Assessment of Interventions (such as Training Programs)

Data Visualization and Creating an HR Dashboard

• Introduction to Power BI

• Step-by-step creation of dashboard visuals and analysis