Turnover analytics is an often mentioned topic in HR. However, there’s not much written about how to do it. In this article we will explain one of the most commonly used analyses for turnover, the survival analysis, using a real dataset. Note: for this article a minimum knowledge about survival analysis is required. We therefor…
“People analytics should be used to build insight rather than simply removing the human aspect from building strategy. After all, you can make data alone prove any fact!” My 2018 wish for you is that you become more of a troublemaker in your business. Yes, you read right. With the increasing demands coming in from…
Last HR Tech World (now Unleash), we interviewed some of the leading experts in the field of people analytics. One of the questions we asked was: what are you most excited about in HR analytics? This is the first piece of a four-part video series. In this series, we spoke to different experts, including David…
Over the past year, you have visited our website quite regularly – we are thrilled that you chose Analytics in HR (AIHR) as your source of information for the exciting and rapidly developing field of HR/ People Analytics. As we are approaching the festive season, I want to thank you for being a loyal reader…
Measuring Human Resource costs (HR costs, also called Human Resource costing), is a key component of HR accounting. In this article, we’ll explain what Human Resource costing is, why you should measure costs, how to do it and why just measuring Human Resource costs is not enough. Traditionally, the human resource department has been regarded…
Imagine you gain key insights into your people by measuring and analyzing what matters to your organization. Imagine that these insights are actually used by your people in their day-to-day business and operations. And, imagine that these key insights on your people then have a profound impact on the success of your organization. Utopia, or…
Human resource practitioners are continuously developing tools and technology to help maximize employee performance to achieve organizational goals more efficiently. One of the most commonly used HR tools today is the Bradford Factor. In this article, I will explain what the Bradford Factor is and why you should use it to manage employee absence. What is…
In the movie ‘Back to the Future’, Marty Mcfly travels to the past and accidentally interacts with his mom before she married his dad. This accidental interaction altered the future in unexpected ways which he then tried to fix. People Analytics can learn from Mcfly about our use of predictive analytics. Specifically, predictive and prescriptive…
While a company’s value has always been closely tied to its talent, the qualities that make up this “talent” are often considered intangible assets. Because everything in our digital world is connected to data, HR executives can now draw meaningful insights and build strategies around measurable criteria instead of “soft” or qualitative data. This is…
“To understand God’s thoughts one must study statistics for they are measure of his purpose in the Universe” – Florence Nightingale As a statistics instructor in the early part of my career, I know how boring statistics can be (to most of us). However, grasping the fundamentals of statistics is critical for your success as…