The Foundation of People Analytics
The scope of work for HR has changed dramatically from an operational function to a data-driven and more strategic function. The shift from gut feeling and experience to an evidence-based approach requires a different approach.
The purpose of People Analytics is to help employers and other leaders make better decisions about their employees by providing relevant information. What decision are you trying to make, and what information can help you make a better decision? This is the foundation of People Analytics!
Key Figures for HR KPIs
Definitions of Key Figures
We’ll help you with definitions and the most common calculations of key metrics in areas such as staff turnover, workforce planning, sick leave, work environment, and recruitment. You don’t have to think about definitions but can get started immediately with exciting analyses. Filter and mine your data to get the knowledge you need.
Costs for Different HR Metrics
It’s important to be able to put a cost on KPIs. Learn how different metrics drive costs. How much does staff turnover and sick leave cost? What is the average cost of an employee?
The Importance of Turning Numbers into Insights
An important part of working with HR KPIs is being able to visualize and present your insights. Turning numbers into value-creating insights is the key to successful data-driven work. We help you reach out with insights and make a difference in your organization.
Ongoing Follow-up of
Once identified, defined, and decided you want a simple and flexible tool for monitoring your HR key metrics. Heartpace provides an efficient platform to easily monitor your HR key metrics. Upload your data with one click and get instant access to an interactive dashboard with insights such as staff turnover, sick leave, and internal mobility.
Reviewing the results of the data will help you make better decisions.
Following your key metrics is the first step towards data-driven work with HR processes.
Our system requires minimal effort from you internally. This means that you have time to focus on what is really important – to work with the insights!
Predict the Future with Historical Data
Want to know more about how staff turnover affects customer satisfaction and sales or how a leadership index affects efficiency? Predictive analytics gives you exciting insights into relationships and future events.
Predictive analysis is about predicting the future using historical data. Predictive Analysis is common in companies when it comes to analyzing customers, but very few businesses use it to analyze employees.
Working with analytics and predictive analysis within HR will take the entire function to a new level! Data-driven HR means true value creation.
To succeed with HR analytics, both HR competence and analytical knowledge are required. We offer these competencies in combination to ensure successful HR analytics projects.
We will Happily Share our Knowledge
As experts in the field of HR analysis, we are more than happy to share our knowledge with you in a concrete and easily understandable way.
HR Analytics and Key Metrics – How to Think, Count, Show, and Talk?
The digitalization of HR and the advancement of HR analysis quickly create new opportunities for companies to analyze in a fact-based way and understand their most important resource, namely the employees.
Customized Training and Workshops
Do you want a quick introduction to the area of HR analytics? Do a deep dive into HR KPIs? Do you learn more about how to convert statistics into valuable insights?