Predictive Analytics In Human Resource Management

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Predictive Analytics in Human Resource Management

Author : Shivinder Nijjer,Sahil Raj
Publisher : Taylor & Francis
Page : 237 pages
File Size : 51,9 Mb
Release : 2020-12-03
Category : Business & Economics
ISBN : 9781000208078

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Predictive Analytics in Human Resource Management by Shivinder Nijjer,Sahil Raj Pdf

This volume is a step-by-step guide to implementing predictive data analytics in human resource management (HRM). It demonstrates how to apply and predict various HR outcomes which have an organisational impact, to aid in strategising and better decision-making. The book: Presents key concepts and expands on the need and role of HR analytics in business management. Utilises popular analytical tools like artificial neural networks (ANNs) and K-nearest neighbour (KNN) to provide practical demonstrations through R scripts for predicting turnover and applicant screening. Discusses real-world corporate examples and employee data collected first-hand by the authors. Includes individual chapter exercises and case studies for students and teachers. Comprehensive and accessible, this guide will be useful for students, teachers, and researchers of data analytics, Big Data, human resource management, statistics, and economics. It will also be of interest to readers interested in learning more about statistics or programming.

Predictive Analytics for Human Resources

Author : Jac Fitz-enz,John Mattox, II
Publisher : John Wiley & Sons
Page : 180 pages
File Size : 41,5 Mb
Release : 2014-07-28
Category : Business & Economics
ISBN : 9781118893678

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Predictive Analytics for Human Resources by Jac Fitz-enz,John Mattox, II Pdf

Create and run a human resource analytics project with confidence For any human resource professional that wants to harness the power of analytics, this essential resource answers the questions: "Where do I start?" and "What tools are available?" Predictive Analytics for Human Resources is designed to answer these and other vital questions. The book explains the basics of every business—the vision, the brand, and the culture, and shows how predictive analytics supports them. The authors put the focus on the fundamentals of predictability and include a framework of logical questions to help set up an analytic program or project, then follow up by offering a clear explanation of statistical applications. Predictive Analytics for Human Resources is a how-to guide filled with practical and targeted advice. The book starts with the basic idea of engaging in predictive analytics and walks through case simulations showing statistical examples. In addition, this important resource addresses the topics of internal coaching, mentoring, and sponsoring and includes information on how to recruit a sponsor. In the book, you'll find: A comprehensive guide to developing and implementing a human resource analytics project Illustrative examples that show how to go to market, develop a leadership model, and link it to financial targets through causal modeling Explanations of the ten steps required in building an analytics function How to add value through analysis of systems such as staffing, training, and retention For anyone who wants to launch an analytics project or program for HR, this complete guide provides the information and instruction to get started the right way.

Predictive Analytics in Human Resource Management

Author : Shivinder Nijjer,Sahil Raj
Publisher : Taylor & Francis
Page : 199 pages
File Size : 45,8 Mb
Release : 2020-12-03
Category : Business & Economics
ISBN : 9781000208139

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Predictive Analytics in Human Resource Management by Shivinder Nijjer,Sahil Raj Pdf

This volume is a step-by-step guide to implementing predictive data analytics in human resource management (HRM). It demonstrates how to apply and predict various HR outcomes which have an organisational impact, to aid in strategising and better decision-making. The book: Presents key concepts and expands on the need and role of HR analytics in business management. Utilises popular analytical tools like artificial neural networks (ANNs) and K-nearest neighbour (KNN) to provide practical demonstrations through R scripts for predicting turnover and applicant screening. Discusses real-world corporate examples and employee data collected first-hand by the authors. Includes individual chapter exercises and case studies for students and teachers. Comprehensive and accessible, this guide will be useful for students, teachers, and researchers of data analytics, Big Data, human resource management, statistics, and economics. It will also be of interest to readers interested in learning more about statistics or programming.

Predictive HR Analytics

Author : Dr Martin R. Edwards,Kirsten Edwards
Publisher : Kogan Page Publishers
Page : 537 pages
File Size : 41,7 Mb
Release : 2019-03-03
Category : Business & Economics
ISBN : 9780749484453

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Predictive HR Analytics by Dr Martin R. Edwards,Kirsten Edwards Pdf

HR metrics and organizational people-related data are an invaluable source of information from which to identify trends and patterns in order to make effective business decisions. But HR practitioners often lack the statistical and analytical know-how to fully harness the potential of this data. Predictive HR Analytics provides a clear, accessible framework for understanding and working with people analytics and advanced statistical techniques. Using the statistical package SPSS (with R syntax included), it takes readers step by step through worked examples, showing them how to carry out and interpret analyses of HR data in areas such as employee engagement, performance and turnover. Readers are shown how to use the results to enable them to develop effective evidence-based HR strategies. This second edition has been updated to include the latest material on machine learning, biased algorithms, data protection and GDPR considerations, a new example using survival analyses, and up-to-the-minute screenshots and examples with SPSS version 25. It is supported by a new appendix showing main R coding, and online resources consisting of SPSS and Excel data sets and R syntax with worked case study examples.

Fundamentals of Human Resource Management

Author : Talya Bauer,Berrin Erdogan,David Caughlin,Donald Truxillo
Publisher : SAGE Publications
Page : 534 pages
File Size : 44,7 Mb
Release : 2019-12-10
Category : Business & Economics
ISBN : 9781544397269

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Fundamentals of Human Resource Management by Talya Bauer,Berrin Erdogan,David Caughlin,Donald Truxillo Pdf

Fundamentals of Human Resource Management: People, Data, and Analytics provides a current, succinct, and interesting introduction to the world of HRM with a special emphasis on how data can help managers make better decisions about the people in their organizations. Authors Talya Bauer, Berrin Erdogan, David Caughlin, and Donald Truxillo use cutting-edge case studies and contemporary examples to illustrate key concepts and trends. A variety of exercises give students hands-on opportunities to practice their problem-solving, ethical decision-making, and data literacy skills. Non-HR majors and HR majors alike will learn best practices for managing talent in today’s ever-evolving workplace.

Data-Driven HR

Author : Bernard Marr
Publisher : Kogan Page Publishers
Page : 265 pages
File Size : 41,5 Mb
Release : 2018-04-03
Category : Business & Economics
ISBN : 9780749482473

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Data-Driven HR by Bernard Marr Pdf

FINALIST: Business Book Awards 2019 - HR and Management Category Traditionally seen as a purely people function unconcerned with numbers, HR is now uniquely placed to use company data to drive performance, both of the people in the organization and the organization as a whole. Data-Driven HR is a practical guide which enables HR professionals to leverage the value of the vast amount of data available at their fingertips. Covering how to identify the most useful sources of data, collect information in a transparent way that is in line with data protection requirements and turn this data into tangible insights, this book marks a turning point for the HR profession. Covering all the key elements of HR including recruitment, employee engagement, performance management, wellbeing and training, Data-Driven HR examines the ways data can contribute to organizational success by, among other things, optimizing processes, driving performance and improving HR decision making. Packed with case studies and real-life examples, this is essential reading for all HR professionals looking to make a measurable difference in their organizations.

The New HR Analytics

Author : Jac FITZ-ENZ
Publisher : AMACOM
Page : 369 pages
File Size : 55,9 Mb
Release : 2010-05-12
Category : Business & Economics
ISBN : 9780814416440

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The New HR Analytics by Jac FITZ-ENZ Pdf

Using Fitz-enz’s proprietary analytic model, you will be equipped to measure and evaluate past and current returns and apply the information to make predictions about the future value of human capital investments. In his landmark book, The ROI of Human Capital, Jac Fitz-enz presented a system of powerful metrics for quantifying the contributions of individual employees to a company’s bottom line. Now, in The New HR Analytics, he reveals how human resources professionals can apply this expense-based knowledge to make the most strategic staffing decisions for their companies. You’ll learn how to: evaluate and prioritize the skills needed to sustain performance; build an agile workforce through flexible Capability Planning; determine how the organization can stimulate and reward behaviors that matter; apply a proven succession planning strategy that leverages employee engagement and drives top-line revenue growth; and recognize risks and formulate responses that avoid surprises. Brimming with real-world examples and input from thirty top HR practitioners and thought leaders as well as exclusive analytical tools, The New HR Analytics ushers in a new era in human resources and human capital management.

Human Capital Analytics

Author : Gene Pease,Boyce Byerly,Jac Fitz-enz
Publisher : John Wiley & Sons
Page : 261 pages
File Size : 54,9 Mb
Release : 2012-10-30
Category : Business & Economics
ISBN : 9781118466766

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Human Capital Analytics by Gene Pease,Boyce Byerly,Jac Fitz-enz Pdf

An insightful look at the implementation of advanced analytics on human capital Human capital analytics, also known as human resources analytics or talent analytics, is the application of sophisticated data mining and business analytics techniques to human resources data. Human Capital Analytics provides an in-depth look at the science of human capital analytics, giving practical examples from case studies of companies applying analytics to their people decisions and providing a framework for using predictive analytics to optimize human capital investments. Written by Gene Pease, Boyce Byerly, and Jac Fitz-enz, widely regarded as the father of human capital Offers practical examples from case studies of companies applying analytics to their people decisions An in-depth discussion of tools needed to do the work, particularly focusing on multivariate analysis The challenge of human resources analytics is to identify what data should be captured and how to use the data to model and predict capabilities so the organization gets an optimal return on investment on its human capital. The goal of human capital analytics is to provide an organization with insights for effectively managing employees so that business goals can be reached quickly and efficiently. Written by human capital analytics specialists Gene Pease, Boyce Byerly, and Jac Fitz-enz, Human Capital Analytics provides essential action steps for implementation of advanced analytics on human capital.

The Practical Guide to HR Analytics

Author : Shonna D. Waters,Rachael Johnson-Murray,Valerie N. Streets,Lindsay McFarlane
Publisher : Unknown
Page : 0 pages
File Size : 46,9 Mb
Release : 2018
Category : Business & Economics
ISBN : 1586445324

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The Practical Guide to HR Analytics by Shonna D. Waters,Rachael Johnson-Murray,Valerie N. Streets,Lindsay McFarlane Pdf

The need for HR professionals to understand and apply data analytics is greater than ever. Today's successful HR professionals must ask insightful questions, understand key terms, and intelligently apply data, but may lack a clear understanding of the many forms, types, applications, interpretations, and capabilities of HR analytics. HR Analytics provides a practical approach to using data to solve real HR challenges in organizations and demystifies analytics with clear guidelines and recommendations for making the business case, starting an HR analytics function, avoiding common pitfalls, presenting data through visualization and storytelling, and much more.

Introducing HR Analytics with Machine Learning

Author : Christopher M. Rosett,Austin Hagerty
Publisher : Springer Nature
Page : 266 pages
File Size : 44,7 Mb
Release : 2021-06-14
Category : Psychology
ISBN : 9783030676261

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Introducing HR Analytics with Machine Learning by Christopher M. Rosett,Austin Hagerty Pdf

This book directly addresses the explosion of literature about leveraging analytics with employee data and how organizational psychologists and practitioners can harness new information to help guide positive change in the workplace. In order for today’s organizational psychologists to successfully work with their partners they must go beyond behavioral science into the realms of computing and business acumen. Similarly, today’s data scientists must appreciate the unique aspects of behavioral data and the special circumstances which surround HR data and HR systems. Finally, traditional HR professionals must become familiar with research methods, statistics, and data systems in order to collaborate with these new specialized partners and teams. Despite the increasing importance of this diversity of skill, many organizations are still unprepared to build teams with the comprehensive skills necessary to have high performing HR Analytics functions. And importantly, all these considerations are magnified by the introduction and acceleration of machine learning in HR. This book will serve as an introduction to these areas and provide guidance on building the connectivity across domains required to establish well-rounded skills for individuals and best practices for organizations when beginning to apply advanced analytics to workforce data. It will also introduce machine learning and where it fits within the larger HR Analytics framework by explaining many of its basic tenets and methodologies. By the end of the book, readers will understand the skills required to do advanced HR analytics well, as well as how to begin designing and applying machine learning within a larger human capital strategy.

Statistical Tools and Analysis in Human Resources Management

Author : Bhattacharyya, Dipak Kumar
Publisher : IGI Global
Page : 295 pages
File Size : 52,7 Mb
Release : 2018-01-12
Category : Business & Economics
ISBN : 9781522549482

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Statistical Tools and Analysis in Human Resources Management by Bhattacharyya, Dipak Kumar Pdf

Recently, the use of statistical tools, methodologies, and models in human resource management (HRM) has increased because of human resources (HR) analytics and predictive HR decision making. To utilize these technological tools, HR managers and students must increase their knowledge of the resources’ optimum application. Statistical Tools and Analysis in Human Resources Management is a critical scholarly resource that presents in-depth details on the application of statistics in every sphere of HR functions for optimal decision-making and analytical solutions. Featuring coverage on a broad range of topics such as leadership, industrial relations, training and development, and diversity management, this book is geared towards managers, professionals, upper-level students, administrators, and researchers seeking current information on the integration of HRM technologies.

HR Analytics

Author : Tracey Smith
Publisher : Numerical Insights LLC
Page : 120 pages
File Size : 55,5 Mb
Release : 2013-10-22
Category : Business & Economics
ISBN : 9781492739166

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HR Analytics by Tracey Smith Pdf

How can HR show value? With 20+ years of analytical expertise, the author guides you into the land of HR analytics to answer this question. The reader of this book is a business leader, an HR leader, analyst, student or just plain curious about what analytics in the Human Resource function is all about. It is intended for the business-minded individual interested in learning about the strategic advantages which can be obtained from performing analytics on the wealth of data stored in HR systems. The book begins with a brief history of the evolution of HR information and explains some of the differences between the stages of information progression. It also provides an opinion on who needs to know these differences and who doesn’t. The book moves on to provide advice on how to best select metrics for HR and how to approach an analysis is an organized way. A full chapter is dedicated to practical examples in order to assist the reader in generating ideas of how to provide value to the organization. Examples are provided using simple and more advanced techniques. The intent, however, is to show where value can be found in HR data and not to provide instruction on mathematical techniques. For the HR leader, the book will go on to examine the advantages and disadvantages of trying to build these capabilities in-house and will provide a realistic view of the challenges associated with implementing analytics in Human Resources. For the HR analyst, a section is included to discuss the realistic challenges you will face in collecting and analyzing HR data. Those entering this field or thinking about it, can then go in with their eyes wide open. A brief introduction to Strategic Workforce Planning is provided because it overlaps with HR analytics in one of its major steps. Finally, the book provides advice and opinions on data analysis and visualization tools available to the HR professional. What Will This Book Do for Me? Before the reader embarks on his / her journey through the pages of this book, it is important to know the types of questions that will be answered. Only then can the reader determine the true value of this material for his / her business. The list below is not all inclusive, but will provide the reader with an idea on how the information contained herein can be used. 1. How can I show some HR analytics quick wins to my leadership team? 2. What are the evolutionary stages of analytics and in what stage are most businesses? 3. How can I organize my analysis efforts? 4. What can regression analysis do for me? 5. How can I link HR to the business? 6. How can I get strategic value out of an HR survey? 7. Should I have an in-house analytics group? If so, which skill sets should I look for? 8. What challenges can I realistically expect to face if I head into HR analytics? Under the new pressure for Human Resources to provide higher value to the company, answering these and similar questions for the organization will increase the strategic level of Human Resources.

Work Rules!

Author : Laszlo Bock
Publisher : Twelve
Page : 446 pages
File Size : 54,6 Mb
Release : 2015-04-07
Category : Business & Economics
ISBN : 9781455554805

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Work Rules! by Laszlo Bock Pdf

From the visionary head of Google's innovative People Operations comes a groundbreaking inquiry into the philosophy of work -- and a blueprint for attracting the most spectacular talent to your business and ensuring that they succeed. "We spend more time working than doing anything else in life. It's not right that the experience of work should be so demotivating and dehumanizing." So says Laszlo Bock, former head of People Operations at the company that transformed how the world interacts with knowledge. This insight is the heart of Work Rules!, a compelling and surprisingly playful manifesto that offers lessons including: Take away managers' power over employees Learn from your best employees-and your worst Hire only people who are smarter than you are, no matter how long it takes to find them Pay unfairly (it's more fair!) Don't trust your gut: Use data to predict and shape the future Default to open-be transparent and welcome feedback If you're comfortable with the amount of freedom you've given your employees, you haven't gone far enough. Drawing on the latest research in behavioral economics and a profound grasp of human psychology, Work Rules! also provides teaching examples from a range of industries-including lauded companies that happen to be hideous places to work and little-known companies that achieve spectacular results by valuing and listening to their employees. Bock takes us inside one of history's most explosively successful businesses to reveal why Google is consistently rated one of the best places to work in the world, distilling 15 years of intensive worker R&D into principles that are easy to put into action, whether you're a team of one or a team of thousands. Work Rules! shows how to strike a balance between creativity and structure, leading to success you can measure in quality of life as well as market share. Read it to build a better company from within rather than from above; read it to reawaken your joy in what you do.

Human Resource Management

Author : Talya Bauer,Berrin Erdogan,David Caughlin,Donald Truxillo
Publisher : SAGE Publications
Page : 837 pages
File Size : 54,7 Mb
Release : 2019-01-02
Category : Business & Economics
ISBN : 9781506363103

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Human Resource Management by Talya Bauer,Berrin Erdogan,David Caughlin,Donald Truxillo Pdf

Winner of the 2020 Most Promising New Textbook Award from the Textbook & Academic Authors Association (TAA) Human resources is rapidly evolving into a data-rich field but with big data comes big decisions. The best companies understand how to use data to make strategic workforce decisions and gain significant competitive advantage. Human Resource Management: People, Data, and Analytics introduces students to the fundamentals of talent management with integrated coverage of data analytics. Features tied to SHRM competencies and data exercises give students hands-on opportunities to practice the analytical and decision-making skills they need to excel in today’s job market. Engaging examples illustrate key HRM concepts and theories, which brings many traditional HRM topics to life. Whether your students are future managers or future HR professionals, they will learn best practices for managing talent in the changing workplace. A Complete Teaching & Learning Package SAGE Premium Video Included in the Interactive eBook! SAGE Premium Video tools and resources boost comprehension and bolster analysis. Videos featured include Inside HR interviews where students can hear how real companies are using HR to gain competitive advantage, as well as SHRM and TedTalk videos. Interactive eBook Includes access to SAGE Premium Video, multimedia tools, and much more! Save when you bundle the interactive eBook with the print version. Order using bundle ISBN: 978-1-5443-6572-5. SAGE coursepacks FREE! Easily import our quality instructor and student resource content into your school’s learning management system (LMS) and save time. SAGE edge FREE online resources for students that make learning easier.

People Analytics in the Era of Big Data

Author : Jean Paul Isson,Jesse S. Harriott
Publisher : John Wiley & Sons
Page : 420 pages
File Size : 48,8 Mb
Release : 2016-04-25
Category : Business & Economics
ISBN : 9781119050780

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People Analytics in the Era of Big Data by Jean Paul Isson,Jesse S. Harriott Pdf

Apply predictive analytics throughout all stages of workforce management People Analytics in the Era of Big Data provides a blueprint for leveraging your talent pool through the use of data analytics. Written by the Global Vice President of Business Intelligence and Predictive Analytics at Monster Worldwide, this book is packed full of actionable insights to help you source, recruit, acquire, engage, retain, promote, and manage the exceptional talent your organization needs. With a unique approach that applies analytics to every stage of the hiring process and the entire workforce planning and management cycle, this informative guide provides the key perspective that brings analytics into HR in a truly useful way. You're already inundated with disparate employee data, so why not mine that data for insights that add value to your organization and strengthen your workforce? This book presents a practical framework for real-world talent analytics, backed by groundbreaking examples of workforce analytics in action across the U.S., Canada, Europe, Asia, and Australia. Leverage predictive analytics throughout the hiring process Utilize analytics techniques for more effective workforce management Learn how people analytics benefits organizations of all sizes in various industries Integrate analytics into HR practices seamlessly and thoroughly Corporate executives need fact-based insights into what will happen with their talent. Who should you hire? Who should you promote? Who are the top or bottom performers, and why? Who is at risk to quit, and why? Analytics can provide these answers, and give you insights based on quantifiable data instead of gut feeling and subjective assessment. People Analytics in the Era of Big Data is the essential guide to optimizing your workforce with the tools already at your disposal.