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Studies show that a shocking 25% of new hires leave their positions within just 6 months of getting started. However, when it comes to workplace and HR statistics, this is far from the most alarming one, with plenty of somber figures coming to light from even the most sought-after employers.
Human resources at leading organizations have been in a crisis over the past few years, with the pandemic and the resulting remote/hybrid work, coupled with the forces of the gig economy, flipping the decades-old HR playbook that has worked until now but is unlikely to last any longer.
In the midst of this storm, however, we have a silver lining: the growing acceptance of HR analytics and other HR tech. This growing new niche in management is paving the way for businesses to tackle such issues head-on, transforming the practice of HR into a strategic and data-driven operation.
Demystifying HR Analytics
HR analytics techniques involve the systematic collection, analysis, and utilization of data from various human resource activities before making informed decisions that enhance overall business efficiencies.
The sophisticated HR analytics tools of today offer incredible new features and functionalities that help
