IJFANS International Journal of Food and Nutritional Sciences

ISSN PRINT 2319 1775 Online 2320-7876

Awareness about Human Resource Analytics

Main Article Content

Shafaq Heyat Khan

Abstract

Human resource is the biggest and most important asset of any organization, hence there is a pretty good run to attract and retain it.HR Analytics is playing major role in today's business changing environment with increased business requirements towards organizational efficiency. HR analytics is a tool to improve the performance of decision making related to people in the organisation. It majorly focuses on acquiring talent to assessing future HR needs by improving employees moral and satisfaction. Employee satisfaction is found to be higher in private organizations because of the application of HR Analytics. It helps in taking corrective measures for profitable functioning of business. The insights derived from HR Analytics can help improve business performance. Organizations strive for more innovative business practices to improve efficiency and HR analytics has the highest impact on organizational success.HR analytics is applied majorly in private organizations and top management support is one of the few factors which has led to the acceptance of HR Analytics. Despite the fact that companies spend millions on people research and analytics-related practices each year, no systematic process is available to make sense of and transform these disparate data collection activities into meaningful intelligence results. Private organizations are investing heavily in HR analytics, but few are actually making progress in this vital new business functions. Human Resource Analytics helps not only in hiring but in every aspect of Human Resource functions i.e. training, development, planning etc. However, there are many barriers that come in its way of successful implementation and it is the need of the hour to identify them and find a solution.

Article Details