There are many reasons for HR organizations to pursue analytics. But the primary reason should be strategic insights: findings that can be gleaned from seeing the trends in workforce data, which in turn translate to better organizational decision-making, informed by better data. These insights create real value, and while that value is difficult to quantify, it is impossible to ignore. The right workforce insight could lead to higher engagement, better wellness, more equitable diversity and inclusion efforts, or lower attrition, in addition to many other benefits.
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As many companies explore HR analytics for the first time, it is common for the organization to struggle with how exactly to integrate the Analytics function within HR. In resolving this dilemma, the right analytics programs can offer the potential for true value-creation (i.e., ROI), through the right synergies.
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