Highlights of the book:
- Functions as a supplement to a textbook for undergraduates studying Human Resources Management
- Blends theory with practical guidance, making it easy to begin implementing analytics best practices
- Comes with helpful video tutorials for using Excel to manipulate quantitative data
Have you ever wondered if there is a science behind the people decisions made by businesses? If you have ever been curious about this, then HR Analytics Essentials You Always Wanted to Know is the resource guide you need!
Read this book if you want to be able to:
- Define what HR Analytics can do for an organization
- Determine the best HR analytics role for you
- Assess the readiness of your organization for undergoing a study using HR analytics
- Apply HR Analytics in various HR disciplines
- Use Excel to efficiently manage data for your HR analytics
- Tell your organization’s story – whether you are a seasoned professional or a newcomer
Part overview of the field, part handbook, HR Analytics Essentials walks readers through the many benefits of using analytics to make better people decisions. HR Analytics requires more than just strong gut instincts and a talent for talking with people; it requires a good understanding of your organization’s human capital. As this guide will show, HR Analytics is both an art and a science that can help your organization make informed decisions that benefit all stakeholders. With case studies and online tutorials, including a step-by-step guide for using Excel to efficiently work with your data, HR Analytics Essentials is the perfect handbook you need.
About the Series
The Self-Learning Management Series is designed to help students, new managers, career switchers and entrepreneurs learn essential management lessons. This series is designed to address every aspect of business from HR to Finance to Marketing to Operations across any and every industry.
Table of Content
Introduction
What is ‘HR Analytics?’
The Art and Science of it All
The Four Roles of HR Analytics
Chapter Summary
Quiz 1
The Rest of this Book
Recruiting and Staffing
Generic Staffing Model
Job Analysis
Sourcing
Recruiting
Reliability
Validity
Words of Caution in Using Assessments
Metrics
Chapter Summary
Case Study: Physical Therapy Recruiting
Quiz 2
Total Rewards
Job Evaluation
Salary Surveys and Benchmarking
Incentives and Pay-for-Performance
Evaluation of Benefits
Metrics
Chapter Summary
Case Study: Incentive Plan Return On Investment
Quiz 3
Training, Succession and Careers
Competency Modeling
Training Needs Assessment
Training Measurement and Experimental Design
Regression Modeling and Causality
Analytics in Succession and Career Planning
Succession Planning
Metrics
Chapter Summary
Case Study: Manu Co Sucession Planning
Quiz 4
Nonexempt Workforce
Why focus here?
Hourly Hiring
Utility Analysis
Collective Bargaining
Productivity Analysis
Absenteeism
Metrics
Chapter Summary
Case Study: Manu Co Hourly Hiring Utility Analysis
Quiz 5
Getting Started
Capability / Readiness Matrix
Recruiting
Training impact
Total Rewards – Pay Equity
Employee Turnover
A Note About Inclusion and Diversity Analysis
Chapter Summary
Case Study: The Four Roles of HR Analytics
Quiz 6
In Closing
Number 1: Know Your Data
Number 2: Understand What You Can and Cannot Do (Yet!)
Number 3: Know Your Organization
Number 4: Think Differently
Number 5: ‘People Should Make People Decisions’
Some Closing Thoughts – My Hopes and a Thank You
Chapter Summary
Appendix: Getting Started with Excel – Video Tutorials
Basics of Microsoft Excel
The Excel Environment
Basic Operations
Formatting
Data Manipulation and Basic Formulas
Pivot Tables
Charts and Graphs
Slicers
Putting It All Together
Congratulations!
References
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