{"id":22734,"date":"2020-03-11T11:06:56","date_gmt":"2020-03-11T11:06:56","guid":{"rendered":"https:\/\/strammer.com\/?p=22734"},"modified":"2020-03-11T11:06:59","modified_gmt":"2020-03-11T11:06:59","slug":"people-analytics-is-important-and-here-is-why","status":"publish","type":"post","link":"https:\/\/strammer.com\/en\/people-analytics-is-important-and-here-is-why\/","title":{"rendered":"People Analytics Is Important and Here Is Why"},"content":{"rendered":"
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People Analytics<\/span><\/h1>
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Workers are the most valuable asset of companies<\/strong> and the core of them. Thus, employers try to invest in workers\u2019 satisfaction, productivity and employee experience <\/strong>to have a happy and healthy workforce and reduce turnover rates. People analytics is a strategy that can help<\/strong> in this. But what is it exactly?<\/p>\n

People analytics is a method used to collect\/analyse data related to employees: their preferences, motivations, behaviour, etc<\/strong>. This data is then used to better manage the workforce, improve decision-making and identify\/address organisations\u2019 issues. In a 2018 report conducted by Deloitte, 84% of business and HR leaders stated that People Analytics was \u201cvery important \u201cor \u201cimportant. \u201c<\/strong><\/p>\n

Before starting to apply people analytics it is vital to identify the important questions and issues that leaders\/managers\/HR want to address<\/strong> with this strategy. They should decide what they want to measure and what data needs to be collected.<\/p>\n

All information is gathered\/organised\/correlated using data management software<\/strong>, which makes it easier for leaders\/managers and HR departments to interpret the data and apply the right strategies<\/strong>. Obviously, the IT department is also involved in these processes<\/strong>, as they are responsible for introducing and ensuring the software works correctly and according to the company\u2019s goals.<\/p>\n

Also, leaders and managers can conduct internal surveys or schedule individual meetings<\/strong>, to know workers\u2019 opinions about the work environment, conditions, satisfaction, etc. This is important information, that must be included in people analytics.<\/p>\n

However, it can be challenging to collect diverse data\/information and not know how to interpret\/use it correctly<\/strong> considering the business needs. Therefore, it is mandatory to have the proper tools to collect the data and the right team<\/strong>, with the ability to interpret the information efficiently. Employers need to develop a data literate workforce<\/strong>, by offering training\/workshops about it<\/strong>. At the same time, managers\/leaders\/HR need to be open and support the use of data<\/strong>, even if it goes against what they want to hear.<\/p>\n

But why should you use People Analytics? First, this method has many benefits. For instance, it is a way to increase and measure employee engagement and satisfaction<\/strong>. Engaged and satisfied employees are more productive and less likely to quit.<\/p>\n

In addition, People Analytics offers the chance to measure and track Employee Productivity<\/strong>. With it you can understand employees\u2019 motivation levels, expectations and apply strategies if the levels are not satisfactory.<\/p>\n

Besides, more than allowing companies to understand their workforce, people analytics also enables organisations to collect and analyse information about candidates<\/strong>. Having data on job applicants can help recruit the right person.<\/p>\n

According to HR Technologist, People Analytics is also a way to transform \u201cwhat HR does\u201d, \u201cHR-employee relationships\u201d and \u201cthe quality of insights\u201d<\/strong>.<\/p>\n

References:<\/u><\/p>\n

    \n
  1. How predictive people analytics are revolutionizing human resources, Deloitte<\/a><\/li>\n
  2. What Is People Analytics? Definition, Process, Trends, and Tools, October 2019, HR TECHNOLOGIST<\/a><\/li>\n<\/ol>","protected":false},"excerpt":{"rendered":"

    Workers are the most valuable asset of companies and the core of them. Thus, employers try to invest in workers\u2019 satisfaction, productivity and employee experience to have a happy and healthy workforce and reduce turnover rates. People analytics is a strategy that can help in this. But what is it exactly? People analytics is a […]<\/p>\n","protected":false},"author":7,"featured_media":22715,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","myguten_meta_block_field":"","footnotes":""},"categories":[98],"tags":[],"class_list":["post-22734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/strammer.com\/en\/wp-json\/wp\/v2\/posts\/22734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/strammer.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/strammer.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/strammer.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/strammer.com\/en\/wp-json\/wp\/v2\/comments?post=22734"}],"version-history":[{"count":1,"href":"https:\/\/strammer.com\/en\/wp-json\/wp\/v2\/posts\/22734\/revisions"}],"predecessor-version":[{"id":22735,"href":"https:\/\/strammer.com\/en\/wp-json\/wp\/v2\/posts\/22734\/revisions\/22735"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/strammer.com\/en\/wp-json\/wp\/v2\/media\/22715"}],"wp:attachment":[{"href":"https:\/\/strammer.com\/en\/wp-json\/wp\/v2\/media?parent=22734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/strammer.com\/en\/wp-json\/wp\/v2\/categories?post=22734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/strammer.com\/en\/wp-json\/wp\/v2\/tags?post=22734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}