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Role of HR Analytics in Aligning HRM to an Organization’s Strategic Goals

   

Added on  2023-06-08

6 Pages1532 Words147 Views
Running head: Data Metrics Reporting and Analytics
DATA METRICS REPORTING AND ANALYTICS
(Role of HR analytics in aligning HRM to an organization’s
strategic goals)
Word Count: 1000
Unit code:
Assignment number:

2
Data Metrics Reporting and Analytics
The aim of the essay is to analyse the role of HR analytics in lining up HRM to a firm’s
strategic objectives. As commented by Vargas, Yurova, Ruppel, Tworoger & Greenwood
(2018), HR analytics is a part in the ground of analytic that involves using analytic methods
to the human resource unit of a company aimed at improving staff performance and thus,
obtaining a higher return on investment. Hence, the study focuses on identifying and
analysing the roles of HR analytics in linking up HRM to the strategic goals of a company.
HR analytics deal with collecting data on workers’ efficiency and aims at offering insight
into every process by accumulating data and then applying it to make appropriate decisions
about the way of improving the processes. HR analytics correlates people data and business
data that can facilitate establishing important links later on. The major aspect of HR analytics
is to gather data on the effect of the HR department on the firm as a whole. Building and
developing a relationship between HR activities and business outcome and then developing
strategies in accordance with the information are what HR analytics is everything about. For
example, the HR analyst in Woolworths involves developing a strong connection between
HR strategy and business strategy, so that the company goals can be lined to the individual
career goals of the employees (Wiblen & Marler, 2018). As opined by Marler & Boudreau
(2017), HR has essential functions that can be improved by implementing procedures in
analytics. These include procurement, optimization, compensating and developing the
employees of the firm.HR analytics can assist to dig into issues and problems surrounding
these needs and using logical workflow, guide the managers to respond questions and obtain
insights from information at hand and then make pertinent decisions and take suitable actions.
In the words of Angrave, Charlwood, Kirkpatrick, Lawrence & Stuart (2016), HR analysts
collect and examine information about jobs, costs, issues that affect their organisations. Many
HR analysts use HRIS or HR information system programs, which is a software package for a

3
Data Metrics Reporting and Analytics
computer that facilitates these professionals managing their data more accurately and
efficiently. They collect statistical information on salaries for particular job titles. They work
in collaboration with the HR managers for deciding salaries for vacant positions. They also
involve selecting, interviewing and recruiting employees. They analyse the organisational
objectives and based on that, consider the special skills and personalities that can better help
the firm to achieve its business goals. HR analysts can also gather information for setting up
company policies and processes. For instance, an HR analyst expert in benefits and
compensation can ensure that their organisational policies obey with definite labour laws.
For example, the role of the HR analyst in Woolworths can be discussed. Woolworths
Limited that is one of the popular and biggest retail organisations inAustralia has 3200 stores
across Australia and NZ. The company focuses on formulating both operational and strategic
plans for recognising long-term objectives related to employee relation. Here, the role of the
HR analyst is to collect information on organisational issues and developing objective of ER
including changing job pattern, adopting new skills, competition for labour in the market. The
company emphasises on aligning the long-term business objectives with the long-term ER
objectives and implementing changes for enhancing employee coordination
(Wowcareers.com.au, 2018).
Further, Van den Heuvel & Bondarouk (2017) stated that, besides deciding salaries for a job
opening and recruiting talented employees, HR analyst involves in the designing training
programs for employees and analysing their job satisfaction. They carry out employee
satisfaction surveys for gaining information. Then, they examine the collected data and
suggest ways to the firm for improving and managing ER, morale and job satisfaction. As
employees are considered as the most important asset of a company, HR analysts find out the
reasons of staff resigning and use this information for strengthening ER with the existing

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