Professional Certificate in
HR Analytics Course India
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"The average salary of an HR analyst is 4,25,000 lakhs per annum. The global HR analytics market size is projected to reach $ 4 billion by 2025." - (Source). There is no doubt that there are huge investments involved when it comes to human resources and this holds ground for any business. The success of any organization depends on the expertise and skills of its employees and analytics HR Analytics Course helps you identify the core competencies of your employees. The culture of an organization is also an integral part which is a collection of unspoken rules, systems, and patterns that are followed by the employees. Analytics in this area is referred to as a procedure of assessing and understanding the people and the culture of an organization which can then help to evaluate and keep track of any changes or early signs of toxicity in the culture. Another area where Analytics comes in handy in establishing the operational efficiency of your workforce and with the dawn of AI and automation in HR recruitment this has been a whole new ball game.
Overview of HR Analytics Course
Human Resource is inarguably the most important asset of any organization and with the rise of analytics in HR, it is transitioning the way companies hire, develop, and retain talent. According to a recent article, Machine Learning has helped HR to move away from manual or semi-automated decision-making processes. This program is the perfect brew of HR concepts with Data Analytics that will be supremely helpful for professionals to succeed in the HR domain. LinkedIn research claims that in the last few years in North America there has been a 5x increase in HR professionals who have Analytical skills on their resume. A few areas where they are applicable are the ease with which Machine Learning algorithms can predict employee attrition, help recruiters screen and hire better candidates, etc. Another EY study declares that artificial intelligence provides innumerable opportunities to improve HR Operations such as self-service avenues, talent management, payroll, and reporting. It also lists that one of the main barriers is bridging the talent gap because it is difficult to find candidates with the right mix of HR domain expertise and analytics skills. Our program is specifically designed to address this talent gap and create future HR Analytics professionals.
What do you mean by HR Analytics?
Human Resource refers to the workforce that is responsible for managing all the resources in regards to the human capital of an organization. This involves their selection, management, development, and assessment. Analytics in Human resources provides a better insight into the process that works on the improvement of an employee’s performance as well as the retention strategies. All the data that is gathered related to the employee is thoroughly analyzed to make informed decisions and answer questions related to employee turnover rate, which employee will stay with the organization for less than a year or regretted loss in terms of percentage of employee turnover. There is no doubt that employees are the lifeline of any business and are crucial to the growth of an organization. Organizations that can attract, manage, and utilize the right resources to the optimum set a path for their success.
HR Analytics Course Training Learning Outcomes
HR Analytics course has helped professionals to cut and slice data to derive insights by identifying and analyzing people-related problems. It is transitioning the way companies recruit, develop, and manage attrition. Today HR departments are hiring people with good communication and consultation skills so that they can manage relationships and stakeholders by communicating results to them. For any analyst to have a data-driven mindset is very important because then they can make the most out of the data by extensively utilizing analytics tools. It is said that Analytics will tile the way for the future of the HR and Recruiting system in our country. This course provides an overview of recent developments and practices in the field of HR analytics course and provides practical examples of what it means to be an HR professional. The students will learn to collect, track, store, retrieve, analyze and interpret structured and unstructured HR data to enhance the efficiency and effectiveness of human resource functions within the organization as well as support decision making. This course aims to boost your career and competency levels in people-related data strategies and policies that impact the organization’s today. Students will also learn to develop Machine Learning approaches in HR and people-centric transformation. By the end of this course, you’ll have a better grasp on
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Who Should Sign Up?
- IT Engineers
- Data and Analytics Manager
- Business Analysts
- Data Engineers
- Banking and Finance Analysts
- Marketing Managers
- Supply Chain Professionals
- HR Managers
- Math, Science and Commerce Graduates
HR Analytics Course Modules
The digital world is built on the walls of data and HR analytics course is peering into the future. Put simply, HR analytics is bringing in all the data and combining it to provide strategic as well as predictive insights that can be used to improve one’s business strategy. In this module on HR analytics course, you will learn about the various systems and models of HR analytics course and how Machine Learning is helping to predict employee turnover. You will learn about the various techniques used during the screening and recruiting of candidates. This module also throws light on how the employee performance can be predicted through analysis and designing appropriate surveys. You will also learn how Deep Learning is mining the emotional state of the workforce. Along with the various advanced HR analytics techniques, you will also learn regarding Data Privacy and Security.
Trends in HR Analytics Course
We have always been surrounded by Data and it has just sat with no one knowing what to do with it. New technology and improved processes have solved this problem for us. Now we come across many companies who have adopted new ways of collecting, calculating, processing, and reporting data. In the field of HR, analytics has helped in various domains like recruiting, training, reporting, engaging, measuring the performance of an employee, customizing, and improving upon employee experience. In many organizations, HR departments to improve their processes have started training chatbots to answer FAQ’s which is gaining popularity in 2020. Among the other trends that we will see in the near future includes Automated Recruiting and AI-Enabled hiring of employees. With automated hiring, companies will be able to locate who best fits a position with the help of the data present with them and AI will make much wiser hiring decisions without opinion or bias.
Employee retention is one of the most crucial aspects of HR Analytics Course and also the key reason for its growing demand. Data is collected through a mix of methods like surveys, polls, or discussions with the employees and then strategies are developed to ensure the development of the employee so that he can perform to his full potential. HR analytics Course helps an organization make predictions from the data collected about employee training and also budget allocation. As organizations become more centered on people, HR analytics also helps measure an employee’s performance and create engagement for the employee using the feedback collected and the insights gained to improve the overall functioning of the organization. In India, there has been a 78.3 percent increase in specialized analytics professionals in HR who are leveraging the benefits of analytics in areas like Compensation, Talent Acquisition, Productivity & Performance.
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