Human Resource Analytics Masterclass
- Course Duration2 Days
- Course StartEnrollment Monthly
Description
HR analytics is the application of statistics, modeling, and analysis of employee-related factors to improve business outcomes. HR analytics is also often referred to as People analytics, Talent analytics or Workforce analytics. However, one of the new buzzwords this niche IT sector has managed to generate is the term HR Analytics – the application of analytics techniques to understand employees, their behaviours, measure resources in hand, allocate manpower to projects, study patterns of attrition, recruitment, employee satisfaction, and just appraisal and incentive systems.
This 2 day HR analytics Masterclass is designed to equip HR professionals to make data-driven decisions to attract, manage, and retain employees, which improves ROI.
This Masterclass will enable you as a HR professional gather data points across the organization from sources like:
- Employee surveys
- Telemetric Data
- Attendance records
- Multi-rater reviews
- Salary and promotion history
- Employee work history
- Demographic data
- Personality/temperament data
- Recruitment process
- Employee databases
The Masterclass will also introduce you on how to feed workforce data into sophisticated data models, algorithms, and tools to gain actionable insights. You will be given hands on tools that provide insights in the form of dashboards, visualizations,
YOU'LL WALK AWAY WITH:
1. An understanding of how data-driven models can improve your ability to make decisions in a fast-paced and uncertain world, and the ability to use modelling to predict future trends in HR
2. PowerBI data visualization and reporting skills, with which to clearly communicate your findings and business needs.
3. A capstone project as proof of your ability to analyze, summarize, visualize, and report on insights extracted from your own dataset. (We will provide a dataset if you don’t have)
4. A certificate of completion from Predictive Analytics Lab as validation of your data analysis skills and knowledge.
COURSE CURRICULUM
Module 1
Decision-making under uncertainty
Module 2
Data visualization and descriptive statistics using PowerBI
Module 3
Quantifying risk through probability, statistical inference and Hypothetical thinking
Module 4
Evidence-based decisions and Understanding the causes of things
Module 5
Time series forecasting techniques (Salary projections, Staffing Needs alignment)
Module 6
Delivering insights through storytelling
PREREQUSITES
A HR Business Problem to solve
Motivation
REQUIREMENTS
Dataset from work
Laptop
Our Partners
Institutions we have partnered with or Worked with previously