By using analytics and data in 2023, HR departments can improve employee engagement, identify factors that lead to employee turnover, and understand employee productivity. The data that is most useful for HR departments varies depending on the specific needs of the department, but some of the most important types of data include employee engagement data, performance data, and exit interview data.
Analytics that show company data can help make the company culture more employee-friendly. This data is used by sales, marketing, product, and engineering to make decisions, but HR often doesn't use this data. This means that the company leadership isn't considering the talents of their employees when making decisions. If HR uses data when making decisions, it would be appreciated by management. You just need to be careful about what data you measure so it's not random.
Based on their popular course at The Wharton School of the University of Pennsylvania, this course to introduce you to the critical elements of managing people.
