The Role of People Analytics in Employee Experience

There are multiple questions regarding employees that an organization has regarding its employees. For instance, questions like what is your annual employee turnover rate or which employees are likely to give resignation within 12 months. This type of question can only be answered by using and analyzing data. People Analytics is a way to manage the employee at work using data, analyzing it, and answering important organizational questions. People analytics is changing the way employees are managed. The very major change is that HR no longer has to answer questions based on gut feelings. With proper analysis and data, HR can answer these questions more accurately instead of just random guessing. 

The role of people analytics in employee experience is a very vital one. With the help of people analytics, HR can test the success and usage of their decisions and policies. It will also help in understanding what the employee thinks about the new policies which would further help HR in the future while making policies. People Analytics helps understand how the employee is working, how are they performing, how effective and efficient they are. It helps in giving proper data which helps in the decision making. If an employee is facing any problems, HR would be able to conclude it using data and thus take decisions like does the employee requires counseling or should the training be provided.

 
People analytics also plays an important role when it comes to ROI. By using it effectively and efficiently, people analytics help in employee ROI by looking at the performance and thus engaging in longer workforce planning. People Analytics is all about how HR manages its employees and how it helps in answering important organizational questions and decision making.

 
Miles Education is India’s leading institute for providing CPA/CMA training. It has been leading in the industry for 10 years. It has a presence across 20+ cities in India, UAE, and US. It has corporate tie-ups with 200+ MNCs including the Big 4s and 70+ educational institutions partnerships including XLRI. To know more about the people analytics course, visit mileseducation.com