INTRODUCTION TO HR METRICS AND ANALYTICS
Introduction to HR Metrics and Analytics – Strategic Importance of HR Metrics and Analytics - An Overview of HR Regulations and Reporting requirements – Understanding HR Indicators – HR Policies – Techniques of HR Professionals –– Strategic Planning – Successful HR Analytics Implementation – Key Challenges in HR Analytics - Artificial Intelligence in HR – Impact of Digital Transformation on HR Analytics
Definition and purpose of HRIS – Evolution of HRIS – Types of HRIS (Operational, Tactical, Strategic) - Key Components of HRIS – Importance of Data Management in HR – Data life Cycle Management – Data Quality Management - Data Governance Frameworks and Best Practices - Importance of Data Privacy in HR - Key Data Privacy Regulations (GDPR, CCPA) – Challenges in Integrating HRIS – Successful Implementation of HRIS Integration – Best practices for Data Collection
ADVANCED HR ANALYTICS AND TECHNIQUES
Introduction to HR Analytics - Scope and Importance of Advanced HR Analytics - Key Differences Between Basic and Advanced HR Analytics - Applications in Various HR Functions - Introduction to Predictive Analytics - Key Predictive Techniques - Applications of Predictive Analytics in HR - Introduction to Prescriptive Analytics - Optimization Models - Scenario Analysis and Simulation - Applications in Workforce Planning and Talent Management – Succession Planning Metrics
PERFORMANCE MANAGEMENT ANALYTICS
Key HR Metrics: Retention and Performance Management – Metrics Alignment with Organizational Strategy – Training and Development Metrics – Compensation and Benefit Metrics - Role of Analytics in Performance Management - Predictive Modeling for Successful Hiring - Employer Branding and Candidate Experience Analytics - Real-Time Reporting and Decision Support - Project Management for HR Analytics and Initiatives
Definition and Scope of People Analytics - Importance and Benefits in HR and Organizational Context - Evolution and Current Trends in People Analytics - Workforce Demographics and Trends Analysis - Forecasting Workforce Needs and Skills Gaps - Scenario Planning and Strategic Workforce Decisions - Measuring and Analyzing DEI Initiatives - Developing Data-driven DEI Strategies - Designing Effective People Analytics Dashboards – Implementation of People Analytics in Organization
Reference Book:
Edwards, M. R. (2024). Predictive HR analytics: Mastering the HR Metrics, Kogan Page.
Boudreau, J., & Cascio, W. (2024). The big data-driven HR function: Bringing analytics to the forefront. Palgrave Macmillan.
Bhattacharyya, D. K. (2017). HR Analytics: Understanding Theories and Applications. SAGE Publications.
Soundararajan, R., & Singh, K. (2016). Winning on HR Analytics: Leveraging Data for Competitive Advantage. SAGE Publications.
Ulrich, D., Younger, J., Brockbank, W., & Ulrich, M. (2012). HR from the Outside In: Six Competencies for the Future of Human Resources. McGraw-Hill.
Text Book:
Bassi, L., Carpenter, R., & McMurrer, D. (2023). HR Analytics handbook, McGraw-Hill Education
M. R., & Edwards, K. (2023). HR Metrics and Analytics: A Practical Guide. Routledge Publication.
