Microsoft Excel is the market leader when it comes to data analysis, both in HR and other business functions. While it is no substitute for an HR Information System and does not offer the most advanced people analytics capabilities, it is the all-time favorite for quick analysis and data visualization. Excel provides HR professionals with…
Some people are confident that the future of People Analytics is not as part of Human Resources (HR) but instead will become a critical part of overall organizational analytics. In practice, in the current market, there is a good balance between companies that have a people analytics function within HR—consisting of data analysts, scientists, engineers,…
While linear regression models have been the default tool used by many HR analysts, they are not always the best way to capture patterns in your HR data. Not all HR phenomena can be described by drawing straight lines. Here, more flexible, algorithmic modeling approaches like decision trees can form a valuable addition to an…
If you’re serious about providing equitable compensation to your employees, a pay equity analysis is an indispensable tool in your arsenal. Let’s look at the pay equity analysis definition, why conduct it, and steps in a comprehensive pay equity analysis. ContentsWhat is a pay equity analysis?Why conduct a pay equity analysisHow to conduct a pay…
The labor market is globalizing at high speed. Students are doing foreign exchanges and internships to boost their CVs, young professionals are eagerly applying for international assignments, virtual teams and frequent, long-distance commuting have become mainstream, and intercultural management experiences are these days a requisite to get ahead in corporate life. In sum, people are…