What is the most critical asset for a healthy company to scale? It is, without a doubt, humans. HR, on the other hand, is one of the most easily underappreciated aspects of the workplace.
Hiring, training, and employee well-being are just a few of the subdomains of personnel management. In a nutshell, it’s the art of assembling a happy, loyal, and productive human workforce!
The HR industry is becoming increasingly automated these days. There are an increasing number of software platforms that assist HR professionals in their work. These new instruments, of course, generate a lot of useful business data.
The insights that lay beneath can be extremely beneficial to the HR industry. But how might these insights be made more accessible? We’ll walk you through it in this essay series! We’ll provide you with a step-by-step roadmap to implementing a data-driven HR strategy, replete with a list of KPIs for each discipline.
How to Get Started with Human Resources Data
Data will eventually assist HR professionals in making better judgments. But before we get there, there are a few things to consider:
For HR software providers:
What HR data are we able to access using our platform?
Which HR processes is it applicable to?
What can we do with this information to help our customers improve their HR processes?
HR experts should read this:
What can I draw from all of this information?
What’s the best way to use it?
Which data do I require in order to make better decisions?
So the fundamental question is, “How can raw data be transformed into something usable in the domain of HR?”
The answer is simple: by using a dashboard.
For decades, BI has proven to be effective. Dashboards can also be integrated into HR software or a consumer portal. A dashboard is, after all, only a means to a goal. The content of your dashboard is more significant. Which critical metrics will you wish to visualize?
As previously said, the HR sector encompasses a wide range of fields and measures from which to choose. This may appear to be a difficult task, but it isn’t! We’ll go over the most important KPIs and show you some sample dashboards. This will guide you through the process and provide inspiration for your own dashboards.
Metrics on employment
The term “employment” is a broad one. We’re talking about anything to do with staffing or employment planning in this situation. It can be difficult to arrange your staff properly when you’re working on multiple projects.
Example of a staff planning dashboard
It’s time to present your metrics visually now that you’ve got the correct KPIs. But don’t worry, you’re not alone! We’ve created an example dashboard to help you get started. Check them out here and here!
Do you want to be able to plan your staff more efficiently? Are you keeping track of your employee provident fund? Do that seamlessly by using the sheet here.