BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Detailed explanation-1: -HR analytics can be used to: Assist with the development of a prediction model to better track and flag employees who may fit the recognized pattern of quitters. Create plans and make decisions to improve the workplace and employee engagement. Recognize patterns of employee satisfaction, engagement, and performance.
Detailed explanation-2: -Descriptive analytics The first type of HR analytics on the list is descriptive analytics. This is the most basic type that analyzes data patterns to gain insight into the past. It is known as decision analytics, and uses statistical analysis techniques to explain or summarize a particular set of historical, raw data.
Detailed explanation-3: -Predictive HR analytics is a tech tool that HR uses to analyze past and present data to forecast future outcomes. Predictive HR analytics digitally digs through data to extract, dissect, and categorize information and then identify patterns, irregularities, and correlations.
Detailed explanation-4: -What Exactly is HR Analytics? Human resource analytics is the application of analytical approaches to a company’s human resources in order to increase employee productivity and retention. It exists to give deeper insight into each of the HR processes and to make well-informed judgments about how to improve them.