Overview
HR METRICS AND WORKFORCE ANALYTICS
The need for HR Professionals to understand and apply data analytics is greater than ever. Today’s successful HR Professionals must ask insightful questions, understand key terms and intelligently apply data. This course provides a practical approach to using data to solve HR challenges in organizations.
Go beyond the head count. Discover insights related to Human Resource Capital and back your arguments and decision-making process with data.
This course will provide you confidence & learn techniques in the way you look at information, interpret human capital analytics, solve problems and evaluate solutions using workforce and HR metrics. Sessions will help you acquire the skills to properly review, define, measure, and track HR metrics that are aligned to business strategies. For most HR professionals, the evidence based approach represents a fundamental shift in their business roles but it provides them with an opportunity to become strategic partners in business decision-making.
This course is suitable for many professionals but will greatly benefit:
– HR Professionals in organisations who would like to develop the role of HR within the organisation.
– HR Professionals tasked with providing HR data to support strategy development and delivery
– Senior Managers who want to understand how they can deliver strategic and organisational change in their organisation.
YOUR TRAINERS
COURSE CONTENTS
DAY ONE
Topic 1: HR Metrics v/s People Analytics
01 Differentiate between HR Metrics and Workforce Analytics
02 Designing HR Metrics and People Analytics that matters
03 HR Metrics and Workforce Analytics in Action
Topic 2: A Business Case for People Analytics
04 Getting Executives to Buy into People Analytics
05 People Analytics as a Decision Support Tool
06 Formalizing and Presenting the Business Case
Topic 3: Understanding Your HR Analytics Project
07 Efficiency or Insight?
08 Method of Planning
09 Mode of Operation
Topic 4: Segmenting for Perspective
10 Segmenting Based on Basic Employee Facts
11 Visualizing Headcount by Segment
12 Analyzing Metrics by Segment
13 Understanding Segmentation Hierarchies
14 Cross-Tabbing for Insight
Topic 5: HR Strategy and the People Analytics Framework
15 Defining Strategy
16 Focusing on Product Differentiators
Topic 6: Employee Lifetime Value
17 Introducing Employee Lifetime Value (ELV)
18 Why is ELV important?
19 Calculating Lifetime Value
20 Making Better Time-and-Resource Decisions with ELV
DAY TWO
Topic 1: Activating Value
01 Getting results with employees
02 Measuring Activation
03 Using Activation for Business Impact
Topic 2: The Employee Journey
04 Why an Employee Journey Map?
05 Creating Your Own Employee Journey Map
06 Using Surveys to understand the Employee Journey
07 Using Feedback to Increase Employee Lifetime Value
Topic 3: Attraction: Quantifying the Talent Acquisition Phase
08 Introducing Talent Acquisition
09 Process Metrics in Talent acquisition
Topic 4: Activation: Identifying the ABCs of a Productive Worker
10 Analyzing Antecedents, Behaviors, and Consequences
11 Introducing Models
12 Evaluating the Benefits and Limitations of Models
13 47. Using Models Effectively
Topic 5: Attrition: Analyzing Employee Commitment and Attrition
14 Misconceptions about Attrition
15 Measuring Employee Attrition
16 Segmenting for Insight
17 Measuring Retention Rate and Commitment
18 Understanding Why People Leave
Topic 6: Measuring Fuzzy Ideas with Surveys
19 Discovering the Wisdom of Crowds through Surveys
20 Things That Can Be Measured
21 Getting Started with Survey Research
22 Designing Surveys
23 Comparing Survey Data
24 Modeling HR Data with Multiple Regression Analysis
25 Making Better Predictions
26 Where do we go from here?
TIME TABLE
Date:
19th and 20th October 2023
Duration
9:30 a.m to 3:30 p.m (both days)
Venue
Caudan Arts Centre
100% Money Back Guarantee
We're so confident of the quality of our courses that we back them up with a 30-day, 100% money-back guarantee. If for any reason you are not satisfied with this course, contact us within 30 days of purchase and you will be given a full refund subject to the our terms and conditions. Go ahead! You have nothing to lose
Course Features
- Lectures 0
- Quizzes 0
- Duration 2 days
- Skill level Expert
- Language English
- Students 0
- Assessments Yes
