Certified Professional Training in HR Analytics: Foundations

It helps to give hr a strategic seat at the table for business decision-making and ensures those decisions are based on verifiable data. Hr analytics can help to answer a number of key organizational questions and importantly, help the business to gain a competitive advantage.

The role of HR analytics is transforming how the HR department operates. It’s also about fairness and accountability when you look at it – it’s easier to point to decisions based on clear data than to those where opinion is the basis. Many a times, HR personnel needs to prepare and present the report in the intuitive way that management demands.  This workshop will help the HR personnel to prepare and present insightful analysis and reports to help the decision makers to act swiftly.

Measuring the ROI of HR initiatives, help companies to ensure that HR initiatives are contributing to the overall success of the organization, both in terms of employee satisfaction and financial performance. HR metrics like Absenteeism, Turnover rates, Recruitment efforts in terms of time and cost, Human capital should be helpful for any business to monitor ROI. 

Human Resource analytics is a data-driven approach to managing people at work. As per Deloitte survey, 75 percent of the organizations believe that using HR/ People/Workforce analytics is critical for organizations of the future. 

HR analytics is considered as one area where organizations have a significant capability gap across the board. It is estimated that around 80 percent of the current HR workforce do not have the required analytics skills to analyze this increasingly data-driven area. As the power of analytics is changing businesses, understanding all dimensions of the workforce is critical for gaining competitive advantage.

Who Should Attend:

• HR Executives who wish to advance their HR analytical skills and move into more strategic roles.
• HR Managers & leaders specially managers involved in recruitment and talent acquisition, talent and organizational development and talent retention. 
• HR Business partners and Business leaders seeking insights into how HR data can impact organizational performance.
• Department heads & leaders looking to optimize team performance.
• Professionals who are looking to upgrade their career in HR Analytics.

Training Objectives:

• Upon completion of HR analytics training, participants will gain the skills to make data-driven decisions by analyzing key HR metrics, improving employee performance, achieving a competitive advantage, identifying and solving workforce problems, realizing cost savings, and ensuring compliance with employment laws and regulations.

Module 1: Introduction and Essential Concepts

• Overview of Human Resources Functions
• Analytical Application Use Cases in HR
• Understanding Various HR Metrics
• Focus on Key Recruitment and Training Metrics

Module 2: Just Enough Statistics

• Descriptive Statistics: Mean, Mode, Median, Variation, Shape of Data
• Interpreting Meaningful Ratios and Percentages
• Creating Meaningful Graphs
• Demonstration of a Simple Dashboard

Module 3:  Essential Excel Skills

• Essential Excel Tasks and Shortcuts
• Data Cleaning, Exploration, Validation, and Correction
• Advanced Excel Skills: Graphs, Charts, Dashboards

Module 4: Building Simple Dashboard

• Understanding and Constructing HR Dashboards
• Key Performance Indicator (KPI) Metrics

Module 5:  Continued Excel Skills

• Calculations, Pivots, Lookups
• Excel Functions for HR Analytics

Module 6: Learning Power BI

• Connecting/Accessing Data in Power BI
• Cleaning, Exploring, Validating, and Correcting Data
• Building Dashboards in Power BI

Module 7:  Case Study

• Case Study: Employee Training and Performance Evaluation
• Building Dashboards for the Case Study
• Generating Insights from Analytics

Module 8: Bring Your Data

• Interactive Session: Participants Bring Their Data
• Practical Application and Analysis
• Recap and Q&A Session