Question

What are the applications of people/hr analytics in employee performance?

Answer 1

As qualified candidates become more difficult to find and retain, improvements in performance evaluation can prove to be tremendously valuable.

People analytics leverages your employee data to determine who your best and worst performers are, based on factors like past work experience, length of employment, and to whom they report. Common characteristics between groups of employees can emerge, which can be used to properly motivate employees and ensure they receive the right rewards.

Career progression is an important component to monitor, as well, since employees are much more likely to leave if they’re not satisfied with their career trajectory. Analysis of promotion rates, promotion wait times, and qualitative data from employees will help HR meet employee expectations and keep them motivated. Leadership traits may emerge in some employees, and companies can determine which characteristics correlate with future leaders. HR can then foster this potential, resulting in long-term ROI for the organization.