Are you looking to improve HR outcomes with data-driven decisions? You need insights from data analysis to make decisions about your workforce. Our HR analytics services provide actionable insights for the right HR strategies.
Get in touchHR analytics is the process of using data analytics techniques to improve outcomes such as recruitment, engagement, and retention.
We enable HR departments across industry sectors to identify patterns and trends for improved HR decision-making.
We assist you in optimizing your business performance with the following HR Analytics services:
Analyze and Predict future workforce needs and ensure that the right number of employees with the right skills are in place to meet business goals.
Create a blueprint of data structures to identify data entities, relationships, and attributes in keeping with your business requirements.
Optimize performance management processes by analyzing performance metrics, identifying areas for improvement, and procuring actionable insights.
Measure engagement metrics and insights to improve employee involvement and understand employee satisfaction, turnover, and absenteeism.
Track and Analyze diversity data to support diverse and inclusive workplace measures and monitor progress toward diversity and inclusion goals.
Analyze learning and development programs to determine their effectiveness and make data-driven decisions to improve them.
Explore and analyze compensation data to support fair and competitive pay practices, including market benchmarking, job matching, and pay equity analysis.
Identify positions that may become vacant, determine skills and competencies required, and develop plans to fill those positions with well-prepared employees.
The technology stack for HR analytics typically includes the following components:
Improved hiring quality through data-driven selection
Increased retention through predictive analytics of employee behavior
Enhanced workforce planning with accurate demand forecasting
Reduced turnover costs with insights into employee engagement
Optimized training programs with data-driven assessment and feedback
Enhanced diversity and inclusion through data analysis
Increased productivity through performance analysis and feedback
Reduced bias in decision-making with objective data insights
Our HR analytics will offer you the following benefits.
We deliver comprehensive analytics-based HR solutions shaped by a deep understanding of employee behavior, talent management, and industry recruitment trends.
We integrate data from multiple sources, including HR information systems, payroll systems, and other data repositories, to analyze data end-to-end.
Our HR analytics services include predictive analytics that enables you to anticipate employee behavior, identify retention risks, and optimize your hiring and training processes.
Our HR analytics services can help you monitor compliance with labor laws and regulations, enabling you to identify potential issues and mitigate risk.
Our services can help you measure and improve employee satisfaction, enabling you to create a positive work environment for retaining top talent.
We help you identify skill gaps, create personalized learning paths, track employee progress, and measure the effectiveness of training programs.
We have supported a number of organizations across industry verticals with precise HR analytics services. These industries include:
CPG
Healthcare
E-Commerce
Logistics
Banking and financial services
Manufacturing
Insurance
Engineering Services
HR analytics uses data, statistical algorithms, and machine learning techniques to extract insights and inform decision-making related to human resources. This includes analyzing data on employee turnover, productivity, engagement, and compensation to identify trends and opportunities for improvement.
HR analytics provides organizations with valuable insights into their workforce, allowing them to make data-driven decisions about talent management, retention, and engagement. This can help organizations improve their HR processes, optimize recruitment and training programs, and enhance employee experience.
HR analytics typically involves analyzing data on employee demographics, job performance, engagement, turnover, compensation, and benefits, among other factors. This data can be sourced from various internal and external sources, including HR information systems, payroll records, and employee surveys.
HR analytics tools typically involve data storage systems, data processing and visualization tools, machine learning frameworks, and cloud-based infrastructure. Common tools include relational databases, NoSQL databases, data warehouses, machine learning frameworks, data visualization tools, and cloud-based services.
HR analytics can help organizations identify trends and patterns in employee engagement and turnover, allowing them to identify areas for improvement and implement targeted interventions. For example, an analysis of turnover data may reveal that employees are leaving due to a lack of development opportunities, leading an organization to invest in training and development programs.
HR analytics can help organizations make informed decisions about compensation and benefits by analyzing employee salaries, bonuses, benefits, and market data on industry norms and competitor offerings. This can help organizations attract and retain top talent and ensure competitive compensation and benefits packages.
Working with the Phygital data engineering team has been a game-changer for our company. They helped us identify our data ingestion problems and implemented a centralized system to tackle them. We highly recommend their services.
Karen
Technical Product Manager US-based Company
We needed support to help grow our retail business with data-driven recommendations. We found it in Phygital Insights’ Data Analytics Services. They studied our data, uncovered hidden patterns, and enabled us to anchor decisions on data-driven insights. Don’t look beyond Phygital for all your data needs.
Sarah
Product Manager, US-based Retail Firm
We were struggling to increase our combined yield for all processes. After several futile efforts, we turned to Phygital. Their end-to-end analysis helped us identify hidden bottlenecks in the production line. We plugged them in to cut down on wastage and improve overall efficiency. Their service was indeed a game-changer.
Jessica
Senior Operations Manager, US-based Manufacturing Company
We are a specialized provider of HR analytics services
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