predictive hr analytics

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Predictive Hr Analytics

Author : Kirsten Edwards
ISBN : 9780749473921
Genre : Business & Economics
File Size : 32. 86 MB
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Where other functions of an organization deal in profits, sales growth, forecasts and strategic planning, the HR function is responsible for employee well-being, engagement and motivation. Such concerns do not immediately conjure up images of analytical know-how, despite the fact that in reality the management of such things often requires a lot of measurement and technical skill. Predictive HR Analytics provides a clear, accessible framework with which to understand and work with HR analytics at an advanced level, taking HR professionals through examples of particular predictive models so they can develop effective HR strategies based on evidence. Predictive HR Analytics will show step-by-step, using simple terms, how to carry out analysis (using the statistical package SPSS) and interpret the results, helping to communicate the potential of HR analytics and get the most out of the HR function, whether carrying out the analysis or briefing external consultants. The book will help deliver a credible and reliable service to businesses by providing metrics on which executives will be able to make sound business decisions. Online supporting resources include data sets for using alongside the book.

Predictive Hr Analytics

Author : Dr Martin R. Edwards
ISBN : 9780749484453
Genre : Business & Economics
File Size : 58. 60 MB
Format : PDF
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HR metrics and organizational people-related data are an invaluable source of information from which to identify key trends and patterns in order to make effective business decisions. HR practitioners often, however, lack the statistical and analytical know-how to fully harness their potential. Predictive HR Analytics provides a clear, accessible framework with which to understand and work with people analytics and advanced statistical techniques. Step-by-step and by using worked examples, this book shows readers how to carry out and interpret analyses of various forms of HR data, such as employee engagement, performance and turnover, using the statistical packages SPSS (with R syntax provided), and, importantly, how to use the results to enable practitioners to develop effective evidence-based HR strategies. This second edition of Predictive HR Analytics has been updated to include new material on machine learning, biased algorithms, data protection and GDPR considerations, a new example using Kaplan Meier Survival analyses for tenure/turnover modelling and updated screenshots and examples with SPSS version 25. It is supported by a new appendix showing main R coding for the focal analyses approaches in the book, and online resources consisting of SPSS and Excel data sets and R syntax with worked case study examples.

Predictive Hr Analytics

Author : Mong Shen Ng
ISBN : 1790406374
Genre :
File Size : 75. 81 MB
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You don't need to spend months learning the Python, R or SQL programming language, and you don't need to buy expensive statistical software like SPSS or SAS. This is the only book that teaches you Predictive Analytics using Microsoft Excel (which you already have & know how to use)! This book not only share with you the analytics findings of other companies, but also teaches you how to derive it by yourself! It covers the ARHAT Predictive HR Analytics framework, teaches you data-storytelling & data-visualization techniques, and teaches you how to use Microsoft Excel's statistical tools (Decision trees, Correlation, Multiple Regression, Logistic Regression, Chi-Square) with step-by-step print-screen instructions. It is also the only book that covers the full HR Analytics scope (Benefits, Compensation, Culture, Diversity & Inclusion, Engagement, Leadership, Learning & Development, Payroll, Personality Traits, Performance Management, Recruitment, Sales Incentives) with numerous real-world Predictive HR Analytics examples, & shows how Predictive HR Analytics answers questions such as: (1) Predict who are the people at risk of leaving using Decision tree, Correlation, Excel Logistic Regression, etc. (e.g. employee aged 30, who stays more than xx km from the company, who is rated "average for performance", has a 90% probability of resigning in her 3rd year.). (2) Identify where the best people come from and how successful a candidate will be if hired using simple correlation (E.g. Customer Service staff and Sales staff with x & y personality traits are likely to be good performers if hired). (3) Predict impact of Employee Engagement on customer satisfaction, revenue and Shareholder Returns, etc. using Excel Multiple Regression. (e.g. 1% increase in employee engagement leads to $100k increase in company revenue, 2% increase in customer satisfaction, 1% increase in Shareholders return, 1 day reduction in average sick leave, etc.). (4) Predict financial impact of training using Excel Multiple Regression (e.g. training satisfaction rating of xx leads to $y increase in company revenue). (5) Predict Diversity & Inclusion's impact on revenue and EBIT (e.g. convert your company's ethnic diversity mix to an index number, then use Excel Multiple Regression to predict if your company's diversity Index is x --> your company's Sales will be $y and EBIT will be z%). (6) Predict employee absenteeism and accident, using Chi-Square.

Predictive Analytics For Human Resources

Author : Jac Fitz-enz
ISBN : 9781118893678
Genre : Business & Economics
File Size : 47. 39 MB
Format : PDF
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"Predictive Analytics for Human Resources is a comprehensive guide to developing and implementing a human resource analytics project. The book starts with the basic idea of engaging in predictive analytics and walks through case simulations showing statistical examples. In addition, it addresses the topics of internal coaching, mentoring, and sponsoring and includes information on how to recruit a sponsor"--

Predictive Hr Analytics Text Mining And Organizational Network Analysis With Excel

Author : Dpg
ISBN : 107722690X
Genre :
File Size : 74. 45 MB
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A lot of organizational data is often untapped unstructured data in the form of text & numbers. You don't need to spend months learning R programming & you don't need to buy expensive SPSS statistical software. This is the only book that teaches you how to use Microsoft Excel for Predictive HR Analytics, Text Mining & Organizational Network Analysis (ONA) with step-by-step print-screen instructions: 1) Predictive HR Analytics: Use Excel's Statistical Analysis tools (Decision trees, Correlation, Multiple & Logistic Regression) to run Predictive HR Analytics. E.g. an employee is predicted to have a 60% probability of getting into accidents, if he is age 25, worked 1 year in the company & took 6 days sick leave. An employee is predicted to get rated "7" for Customer Service, if the training program that he attended has a training evaluation score of "8". An employee is predicted to resign if she is age 23, worked for 2 years, and takes 60 minutes to commute to work. 2) Organizational Network Analysis (ONA): Run ONA using Excel's network analysis tool. Learn how to convert an employee's organizational network into a score & then predict if they will be a high-potential (HiPo). E.g. an employee is predicted to be a HiPo with performance rating of "9", if his "Social Network Size" is "16", "Social Network Diversity Index" is "3" & "Competency Score" is "8". 3) Text Mining, Sentiment Analysis & Word Clouds: Mine text from social network posts, employee engagement surveys & Glassdoor comments, then run Sentiment Analysis using Excel & visualize the insights with "Word Clouds". Learn how to predict a company's average employee attrition rate based on its sentiment. E.g. a company's average employee attrition rate is predicted to be 8%, if unemployment rate is 3%, GDP growth is 2%, Glassdoor public sentiment rating is "5", and engagement score is "7".

The New Hr Analytics

Author : Jac FITZ-ENZ
ISBN : 9780814416440
Genre : Business & Economics
File Size : 46. 32 MB
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In his landmark book The ROI of Human Capital, Jac Fitz-enz presented a system of powerful metrics for quantifying the contributions of individual employees to a company’s bottom line. The New HR Analytics is another such quantum leap, revealing how to predict the value of future human capital investments. Using Fitz-enz’s proprietary analytic model, readers learn how to measure and evaluate past and current returns. By combining those results with focused business intelligence and applying the exclusive analytical tools in the book, they will be able to: Evaluate and prioritize the skills needed to sustain performance • Build an agile workforce through flexible Capability Planning • Determine how the organization can stimulate and reward behaviors that matter • Apply a proven succession planning strategy that leverages employee engagement and drives top-line revenue growth • Recognize risks and formulate responses that avoid surprises • Support decision making by predicting the actions that will yield the best returns Brimming with real-world examples and input from thirty top HR practitioners and thought leaders, this groundbreaking book ushers in a new era in human resources and human capital management.

Hr Analytics

Author : Tracey Smith
ISBN : 9781492739166
Genre : Business & Economics
File Size : 73. 13 MB
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How can HR show value? With 20+ years of analytical expertise, the author guides you into the land of HR analytics to answer this question. The reader of this book is a business leader, an HR leader, analyst, student or just plain curious about what analytics in the Human Resource function is all about. It is intended for the business-minded individual interested in learning about the strategic advantages which can be obtained from performing analytics on the wealth of data stored in HR systems. The book begins with a brief history of the evolution of HR information and explains some of the differences between the stages of information progression. It also provides an opinion on who needs to know these differences and who doesn’t. The book moves on to provide advice on how to best select metrics for HR and how to approach an analysis is an organized way. A full chapter is dedicated to practical examples in order to assist the reader in generating ideas of how to provide value to the organization. Examples are provided using simple and more advanced techniques. The intent, however, is to show where value can be found in HR data and not to provide instruction on mathematical techniques. For the HR leader, the book will go on to examine the advantages and disadvantages of trying to build these capabilities in-house and will provide a realistic view of the challenges associated with implementing analytics in Human Resources. For the HR analyst, a section is included to discuss the realistic challenges you will face in collecting and analyzing HR data. Those entering this field or thinking about it, can then go in with their eyes wide open. A brief introduction to Strategic Workforce Planning is provided because it overlaps with HR analytics in one of its major steps. Finally, the book provides advice and opinions on data analysis and visualization tools available to the HR professional. What Will This Book Do for Me? Before the reader embarks on his / her journey through the pages of this book, it is important to know the types of questions that will be answered. Only then can the reader determine the true value of this material for his / her business. The list below is not all inclusive, but will provide the reader with an idea on how the information contained herein can be used. 1. How can I show some HR analytics quick wins to my leadership team? 2. What are the evolutionary stages of analytics and in what stage are most businesses? 3. How can I organize my analysis efforts? 4. What can regression analysis do for me? 5. How can I link HR to the business? 6. How can I get strategic value out of an HR survey? 7. Should I have an in-house analytics group? If so, which skill sets should I look for? 8. What challenges can I realistically expect to face if I head into HR analytics? Under the new pressure for Human Resources to provide higher value to the company, answering these and similar questions for the organization will increase the strategic level of Human Resources.

Statistical Tools And Analysis In Human Resources Management

Author : Bhattacharyya, Dipak Kumar
ISBN : 9781522549482
Genre : Business & Economics
File Size : 49. 8 MB
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Recently, the use of statistical tools, methodologies, and models in human resource management (HRM) has increased because of human resources (HR) analytics and predictive HR decision making. To utilize these technological tools, HR managers and students must increase their knowledge of the resources’ optimum application. Statistical Tools and Analysis in Human Resources Management is a critical scholarly resource that presents in-depth details on the application of statistics in every sphere of HR functions for optimal decision-making and analytical solutions. Featuring coverage on a broad range of topics such as leadership, industrial relations, training and development, and diversity management, this book is geared towards managers, professionals, upper-level students, administrators, and researchers seeking current information on the integration of HRM technologies.

Hr Analytics

Author : Dipak Kumar Bhattacharyya
ISBN : 9386062712
Genre : Business & Economics
File Size : 29. 5 MB
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Human resource management function over the years -- HR decision-making and HR analytics -- Introduction to HR analytics -- HR business process and HR analytics -- Forecasting and measuring HR value propositions with HR analytics -- HR analytics and data -- HR analytics and predictive modelling -- HR analytics for future

Quantifiably Better

Author : Steve VanWieren
ISBN : 9781634622233
Genre : Business & Economics
File Size : 21. 78 MB
Format : PDF
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Your CEO just came to you, the HR leader, and said she was hearing rumors about the turnover rate going up. She asks you why this might be happening and how it is could be affecting the bottom line. Are there certain leadership issues? Are engagement levels changing? Is there a problem with the company culture? These are all logical questions. You have hunches for answers, but you have no way to prove those hunches. You know your CEO is going to want data to support any argument you make. You are sure that the answers to her questions are buried in the employee data collected in the different HR systems you have. You have been reading about “HR analytics”, and you wonder how you would answer her question differently if you really understood the data about your people. Quantifiably Better provides a path to follow in search of these answers. It will help you if you are just getting started with your HR analytics initiative, or if you are looking for ways to expand your existing HR analytics practice. In the end, you will find that the insights you desperately seek are easier to find than you ever imagined.

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