What is HR Analytics?
HR Analytics (also known as
People Analytics or Workforce Analytics) is the process of collecting,
analyzing, and interpreting HR data to improve decision-making, forecast
future trends, and drive organizational performance.
📌 Simply put: "Turning
HR data into actionable insights."
📊 Key HR Metrics You
Should Track
Here’s a breakdown of the most
important HR metrics across different functional areas:
🔹 1. Recruitment Metrics
|
Metric |
What It Shows |
|
Time to Hire |
Average days from job posting to
acceptance |
|
Cost per Hire |
Total hiring cost ÷ number of
hires |
|
Offer Acceptance Rate |
% of candidates accepting offers |
|
Candidate Quality Score |
Rating of new hire performance
within 3–6 months |
🔹 2. Performance &
Productivity Metrics
|
Metric |
What It Shows |
|
Goal Completion Rate |
% of individual/department goals
achieved |
|
Employee Productivity |
Output per employee (e.g.,
sales, production units) |
|
High Performer Retention Rate |
% of top performers retained
annually |
🔹 3. Employee Engagement
& Retention
|
Metric |
What It Shows |
|
Employee Turnover Rate |
% of employees leaving the
organization |
|
Voluntary vs Involuntary
Turnover |
Who left by choice vs who was
terminated |
|
Absenteeism Rate |
Days missed ÷ total working days |
|
Employee Net Promoter Score
(eNPS) |
Willingness to recommend the
company as a place to work |
🔹 4. Training &
Development Metrics
|
Metric |
What It Shows |
|
Training ROI |
Benefits from training ÷ cost of
training |
|
Training Completion Rate |
% of employees completing
assigned training |
|
Skill Gap Analysis |
% of workforce lacking critical
skills |
🔹 5. Diversity &
Inclusion Metrics
|
Metric |
What It Shows |
|
Gender Ratio |
Male vs Female/Other ratio in
workforce |
|
Diversity in Leadership |
% of leadership roles held by
minority groups |
|
Pay Equity |
Pay comparison across different
groups |
🧠 Benefits of HR
Analytics
- Informed decision-making (based on data, not
gut feeling)
- Predictive insights (e.g., who may resign
soon)
- Align HR goals with business strategy
- Identify bottlenecks in hiring, productivity,
or retention
- Measure impact of HR programs (e.g., L&D,
engagement)
🧰 Popular HR Analytics
Tools
- Power BI / Tableau – Dashboards and
visualizations
- Excel / Google Sheets – Custom tracking for
smaller teams
- HRIS Systems (BambooHR, Zoho People, SAP
SuccessFactors) – Built-in analytics
- Visier, PeopleHum, Lattice, Darwinbox –
Specialized analytics platforms
📝 Real Example: HR
Analytics in Action
Problem: High attrition in
one department
Analysis: HR metrics showed long overtime hours, low training
participation, and high absenteeism
Solution: Introduced work-life balance policies and skill training
Result: 30% reduction in attrition within 6 months
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