Source | www.unleashgroup.io | NICHOLAS FEARN
- HR teams are data-rich but most data analytics platforms are falling short.
- The outbreak of COVID-19 and the rise of remote working means data analytics platforms will have to change to meet market demands.
- Advancements in machine learning and artificial intelligence will drive the industry forward.
Data analysis forms an integral part of the HR function at many different companies today. HR teams are using data analytics to increase employee productivity, boost employee engagement, retain staff, create a better workplace culture, enhance the recruitment process, and so much more.
But for organizations that have never utilized data-driven HR models and practices before, implementing them can be a minefield. Often, HR teams have questions about what HR analytics platform to choose, overcoming common challenges, and which data trends to watch out for in the future.
Read on to find out the answers to those questions.
DRIVING CHANGE IN HR
Over the past few years, many different data analytics platforms have entered the market and are being used by HR leaders globally. But which are seeing the most success, and why?
Olya Panivnyk, chief HR officer at online educational platform Preply, says: “Preply has leveraged Tableau in the past to run its HR dashboard analytics, which focuses primarily on HR trends and turnover rates. We are considering a third-party provider, such as Twine Labs, to run HR analytics for us because it provides broader context into the HR community as well as external benchmarks for success.”