HR DATA VISUALIZATION

This data demonstrates what’s happening at the current moment. This may be turnover rate, engagement, and costs. By capturing and analyzing these data points, HR professionals and organizational leaders can gain a comprehensive understanding of the current HR landscape and identify trends, patterns, and potential challenges. The data serves as a foundation for data-driven decision-making and the development of effective HR strategies. Overall, data on turnover rate, engagement, and costs play a crucial role in supporting the HR department in managing human capital effectively and contributing to the success and growth of the organization. It allows for proactive measures to address challenges and capitalize on opportunities, leading to a more engaged and satisfied workforce.

Data in this category help inform HR leadership on what may be causing the descriptive data that they see. This involves looking at data side by side over time to see how one data point affects another. For example, a team could measure the difference in productivity before and after a training course has been taken. 

Data analysis is a powerful tool for HR leadership. It allows them to gain deeper insights into the impact of various HR initiatives, identify patterns, and make data-driven decisions to enhance overall HR performance and drive positive outcomes for the organization and its employees.

Predictive: this step can help teams understand the expected outcome of changes that they make. Algorithms are great at aiding with this so long as the algorithm is paired with high-quality data. 

Prescriptive: teams may find through the prediction process that there are a number of possible outcomes depending on the choices that they make. The prescriptive phase’s goal is to find the best choice possible.