People Analytics
Advantages of people analytics
There is consensus that because people analytics is based on numbers, it can help build a case to convince management and increase the strategic impact of select, place and promote the right people to the right roles. Some of the following are benefits of people analytics.
- Data will contribute to better succession planning
- New insights will be generated to increase organisational and employee performance as well as improving the well-being of staff
- Objective input will provide guidelines for recruitment and staff development
- The knowledge gained will help with understanding and improving retention
- Data driven decision making will prove the value of people processes in the firm
- Analytics will lead to closer matching and predictability of the match between candidate and role in the business
- Overall, it will make a significant contribution to improving business efficiency and profitability.
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