Seybold Report ISSN: 1533-9211
Dr. Sunetra Gaitonde, Prof. Upendra Lele, Prof. Sunita Naidu
Vol 17, No 12 ( 2022 ) | Licensing: CC 4.0 | Pg no: 3328-3340 | Published on: 28-12-2022
Abstract
Past two decades have seen a huge drift in the way organizations work. With result-oriented approach, organizations have started realizing the importance of numbers in operational areas and its contribution in Decision making process. Analytics is no exception to this, and the use of Analytics in the field of Human Resources has gained weightage in understanding and improving the quality of workforce. Every year more and more organizations are hiring analysts and statisticians into HR roles. The goal of Human Resource Analytics is to provide an organization with insights for effectively managing employees, so that the business goals can be reached quickly and efficiently. The purpose of this study is to understand the extent up to which organizations make use of the available data in different functions of HR thereby contributing to the enhancement of enterprise performance. Research methodology used was Secondary data and primary data received from firms in service industry. Therefore, it is evident that analytics has not only changed the way decisions are made, but has also impacted the entire value chain of HR function including Recruitment, Talent Management, training and nurturing employees to retaining them.
Keywords:
HR Analytics, HR Practices, HRIS