Where HR Analytics Makes A Difference
Few branches of an organization perform such a wide variety of tasks as HR does. HR plays a part in every aspect of an employee’s workplace experience throughout their time with your organization—from hiring through onboarding and in their everyday work life. HR influences payroll, recruiting, employer branding, performance management, and much more, not to mention that all of this goes on while they’re keeping an eye on compliance. It can be hard for HR professionals to feel that their insights and recommendations are credible, especially when offering insights to leaders who have training and experience in fields like finance or business management. A recent study from BambooHR and HR.com found that only 25 percent of HR professionals surveyed considered themselves experts in HR. But what does it mean to be an expert? Increasingly, being able to give an expert opinion on HR matters doesn’t just come from advanced education or years of experience. It also comes from the ability to analyze and interpret your organization’s specific HR data. Unfortunately, while the BambooHR study found that 58 percent of HR professionals believe HR analytics are very important, it also showed that only 16 percent viewed themselves as experts in actually using HR data.