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People Analytics

definition and explanation

Synonyms:

What is

People Analytics

People analytics is a data-driven approach to managing people at work. It uses data and analytics to help organizations make better decisions about their people. People analytics can help organizations with a variety of decisions, including hiring, development, and performance management. Additionally, people analytics can help organizations understand and predict employee behavior, and identify potential issues before they become problems.

People Analytics

explained

People analytics is the application of data analysis and other statistical methods to help make better decisions about people, usually in the context of businesses and organizations. It can involve anything from tracking employee productivity and retention to predicting which job applicants are most likely to be successful in a given role.

In recent years, people analytics has become increasingly popular as organizations have become more data-driven in their decision-making. As data-collection and storage capabilities have improved, it has become easier to gather and analyse the large amounts of data needed to make accurate predictions about people.

People analytics can be used for a variety of purposes, but some of the most common applications include:

  • Improving employee retention
  • Predicting which job applicants are most likely to be successful
  • Improving employee productivity
  • Identifying training and development needs
  • Identifying potential issues with employee morale

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