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HR Metrics and Workforce Analysis

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Added on  2020-11-05

HR Metrics and Workforce Analysis

   Added on 2020-11-05

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Name: Tina NgounStudent Number: 806388807Assessment Number: 2Human resource professionals are responsible for recruiting, screening, interviewing, and placingworkers. HR managers will also be responsible forhandlingworkplace relationships, salaries,insurance, and training of the employee. Human resource professionals prepare, guide, andorganize a company's administrative activities. They monitor experts in their roles andresponsibilities; consult withorganizational development managers, and connect themanagement of a company with its staff. Human resourcepractitioners tend to concentrate onone area, such as recruiting or training. HR generalists simultaneously manage multiple fieldsand activities. Small businesses may usually have one or two workers asHumanresourcesgeneralists, whereas larger firms may have a lot of individualssolely devoted to thearea and facilities of human resources management.HR Metrics and Workforce analysis is a very important analytical resource for HR thatsharesclear conclusionsand data basedon the functioning of the whole organization by focusingon facts and evidence. Dashboard, data mining, benchmarking, reporting, exploration,operational experiments, workforce modeling, and predictive analysis are eight types ofworkforce data accessing sources which HR professionals may use to access employee'sinformation. Data collection is one of the most crucial steps to carry out Hr practices, and thisinformation can be collected from HR data sources. The data can be obtained from sources suchas Training and development information include recruitment data from multiple departmentsand business divisions. From questionnaires designed and done by the organization. Informationcan be collectedby takinginterviews of former, new, or leaving workers.Performance evaluations data can be gathered commonly from HR IT toolsif it is online andhave free access to everyone. For example, some tools have recently developed as a Humanrecourse IT software, providing features of making the research work absolutely paperless. Thesetools seem to be more responsive to hierarchy however once submitted pings the manager forapproval. It will help a person toget rid of the trouble of filling the documentation.
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