Data is now the most valuable currency in the world. But in contrast to the murky ethics of sourcing and selling consumer-driven data, leveraging internal HR data analytics to make better workforce decisions has been a key Human Resources best practice for decades. As technology has improved, so has our ability to analyze employee-related factors and improve business outcomes.
But what exactly is HR data analytics and how can HR leverage it to achieve organizational goals?
While data and analytics are often used interchangeably, data is the source of information and analytics is the process of applying statistics, modeling, and analysis to make sense of the data’s insights. HR analytics may…
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