Thursday 1 June 2017

Data is the future, predicting people via Analytics

In today’s market HR interventions like training and payment can lead to outcomes such as an increased satisfaction and commitment that subsequently influences the organizational and individual performance, a sophisticated data analysis does mostly not support decisions. When we hold, this view considering the current functioning of Human Resource (HR) departments and their management of the human capital in many organizations, it can be argued that HR is doing an irrelevant job with respect to EBM. In general, the focus of HR is on collecting and reporting data about activities instead of outcomes, while the analyses are mostly very simplistic (e.g., limited analyses of drivers of outcomes). As a result, there is a need for HR to develop itself from descriptive metrics to HR predictive analytics where the current analytics industry is going towards. The data Chat Assessment is also available for them to discuss on all the topics where employees have doubt. About the portal, they must log in and claim their hours. Also, to discuss all the problems they are facing.

Advantages of Chat Assessment are

1. Easily recognize and validate the strengths and vulnerabilities of the workforce.
2. Measuring every turnover, and can comprehend its causes and act.
3. Generalize by assessing the risk which is based upon an organization-wide level thereby integrating the workforce.
4. Build weighted amount of risk factors which will be posed into strategic human capital management plans.

5. Know the workforce trends based on geographical data to predict the ability of future candidates using specially designed algorithms and examining characteristics such as GDP, unemployment rate etc.

For more information, visit below pages:
HR predictive analytics- Click here.
Chat Assessment- Click here.

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