A CASE OF HR ANALYTICS – TO UNDERSTAND EFFECT ON EMPLOYEE TURNOVER

Abstract

The evolving business environment has changed the strategic framework and functioning of the organization. The recent progress in the business environment and the globalized working conditions has been contributing to the mistiness to the Human Resource roles and responsibilities. Anticipating to the changes HR has to evolve by adapting to the technological advancements and planning its moves accordingly. HR Analytics helps in measuring performance of different functions and gain insights of employee effectiveness and efficiency. This has helped in better decision making and creating competitive advantage for the organization. HR Analytics has emerged as an important tool which helps identify factors which has deep intervention and helps build understanding of employee behaviour and create a sustained and high performance ecosystem. Understanding the importance of Human Resource Management in adding value to organizational capability by means of HR Analytics, it is imperative to understand to what extent HR Analytics is to be implemented and how it can contribute to the organizational accomplishment. The aim of the research paper is to explore and understand the importance of HR Analytics and its application in different functions of HRM.