This website uses cookies to ensure you get the best experience on our website.
Accept
Learn More

Get a Quote

Human Resource Analytics

Analyze your siloed HR data to get every metric on your people, talent, and workforce management
  • 15+ years of domain experience
  • 50+ certified professionals
  • Cost-effective solutions
  • One-stop solution for all your data analytics needs
  • Hands of experience with multiple BI tools
Book A Demo
Beyondkey

What is HR Analytics?

What is HR Analytics?

HR analytics, also referred to as people analytics, workforce analytics, or talent analytics, involves gathering, analyzing, and reporting HR data. It enables your organization to measure the impact of a range of HR metrics on overall business performance and make decisions based on data. In other words, HR analytics is a data-driven approach toward Human Resources Management specifically on employee performance, talent management, and workforce analytics.

How is HR Analytics useful to HRs?

Organizations have one thing in common and that is HR functioning and associated documents. HR segment is known for the volume of data they must capture and secure every day. Every Functioning of HRs has undergone a tremendous change over the years. Earlier counted as a process-driven function but now it is more of an output-driven function. HR must quantify their processes and make them measurable. There are specific KPIs that are measurable in every HR department like employee performance, employee retention, attrition rates, Talent, and skill rates, and so on.

HR analytics is focused on collecting, monitoring, and analyzing human resource (HR) data to generate actionable insights and improve a company’s workforce, people, and/or talent management performance.

Some of the benefits of using HR analytics are:
  • Improving on Hiring practices and Management information
  • Improving and sustaining employee performance
  • Automating manual HR tasks
  • Understanding loopholes of an organization that lead to attrition
  • Visualizing People data to predict future demand in skills
  • Trend Analysis and forecasting on future employee behaviors and terminations.
 HR Analytics useful to HRs

Learn more about our BI services and offerings

Visit webpage

Key KPIs and Metrics in an HR report

There may be several KPIs related to human resources functions which may be related to people directly or to people’s performance or Process effectiveness and so on. Every organization has an HR department but the functioning of every HR varies in organizations, so do their KPIs or metrics.

Our Analytics team has done an in-depth study of all the major KPIs related to the HR department and below is the list to give you an overview of what your dashboard should comprise while sorting out KPIs for your organizational dashboard.

Key Human Resource metrics
  • Seniority
  • Gender
  • Age
  • Education level
  • Function type
  • FTE
  • Employees Active
  • Turnover
  • New hires
  • Absence
  • Cost of absence
  • Cost of labor
  • Training cost
  • Recruitment cost
  • Time to fill
Workforce Management KPIs
  • Absenteeism rate
  • ROI of outsourcing
  • Succession planning rate
  • Open/closed grievances
  • Promotion rate
  • Time to productivity
  • Successor gap rate
  • Worker composition by gender, experience, and tenure
  • Internal mobility
  • Manager quality index
  • HR effectiveness
  • Employee satisfaction rates
  • Training ROI
Compensation KPIs
  • HR functional operating expense rate
  • Labor cost per FTE
  • Labor cost revenue percent
  • Labor cost revenue expense percent
  • Total benefits as a percentage of labor costs
  • Revenue per FTE
  • Profit vs. compensation per FTE
  • HR functional cost per employee
  • Human capital ROI
Recruitment KPIs
  • Quality of hire
  • Vacancy rate
  • Turnover rate
  • Resignation/retirement rate
  • External hire rate
  • Time-to-fill
  • Diversity, experience, and gender hire ratio
  • Recruiting funnel metrics
  • Talent import/export ratio
  • Voluntary turnover rate
  • Retention rate
  • Recruiting expense per new hire
  • Retirement rate forecast

Our HR Analytics Dashboard Samples

HR Analytics

HR analytics dashboard

Executive Summary

Our HR analytics Executive summary dashboard is where one can have a bird's eye view of all the Key HR KPIs at a glance. As the name suggests, this dashboard is very useful for the top-level executives of the organization like CEO, COO, CTI, VPs, and head – HR. It helps you understand where your organization is in terms of Demographics, Hirings, Open positions or rate of termination, etc. It is a more visual dashboard.

HR analytics dashboard executive summary

Overview

As the name of this dashboard suggests, it gives an overview of all the major statistics, the HR team is looking for like headcount, salary, department-wise team strength, new hires, and terminations, and more. This dashboard gives you numbers instead of graphs and charts.

HR analytics dashboard overview

Demographics

HR executives need to strike a balance in their workforce and maintain diversity. So, they need to fully understand the demographic characteristics of their employees. This HR dashboard template helps HR professionals analyze their employee data based on gender distribution, ethnicity, designation type, department, location, structure, job function, and tenure.

HR analytics dashboard demographics

Diversity

To understand and fulfill the diverse needs of any organization, HRs must keep a close watch on diversity in their employees. To monitor this, diversity dashboards come in handy which give you a glance of diversity in hiring, gender, grade, employee group, and business units. Even, you can understand the diversity in the number of terminations happening.

HR analytics dashboard diversity

Awards

This dashboard showcases the different awards each team received. The dashboard shows the yearly performance, award type, groups & designations.

HR analytics dashboard awards

Open Position

This dashboard gives a glance over the newly open positions in any organization. One can easily identify the open positions by job function, business unit, location, diversity, grades, etc., and also get an understanding of temporary and permanent positions.

HR analytics dashboard open position

Filled Positions

This dashboard gives the details about recently filled/ hired people and positions Number of positions filled by job function, business unit, location, diversity, grades, etc. This dashboard gives a glance over the newly open positions in any organization. One can easily identify the open positions by job function, business unit, location, diversity, grades, etc., and also get an understanding of temporary and permanent positions.

HR analytics dashboard filled positions

Termination

This report helps to analyze the termination data of employees by gender, ethnicity, designation type, location, experience, job function, & tenure.This dashboard gives a glance over the newly open positions in any organization. One can easily identify the open positions by job function, business unit, location, diversity, grades, etc., and also get an understanding of temporary and permanent positions.

HR analytics dashboard termination

Hiring

This hiring dashboard provides an overall view of the hiring process of a company, along with important HR KPIs and metrics. You learn about the number of open positions, the number of applicants for those positions, and details of hiring for the grades, age, month, location, etc.

HR analytics dashboard hiring

Forecast

Based on various trends- A forecast of some of the KPIs can be done like the number of openings the organization can have in any upcoming month. Or possible terminations that can happen in a few months. Forecasting can also be done for possible hirings that can happen in some time so the onboarding team can plan. Organizations can set up their future goals and vision as per the forecast of possible headcount they may have over a period on quarter, half-year, or annually.

Forecasting can give stakeholders insightful details on the upcoming budget and hiring goals.

HR analytics dashboard forecast

Our Approach for developing HR analytics dashboards

Phase 1

Finalizing the requirement

Assessment session

Envisioning session

Designing Workshop

Phase 2

Implementation

Deliverables

Design and Development

Phase 3

Deployment

Testing and Deployment

Phase 4

Maintenance

Support and Maintenance

Beyond Key Advantage

With over 15 + years of BI and analytical services, Beyond Key has the experience your organization deserves. As Microsoft Gold providers, we know how to uncover insights hidden in your data and enhance your data exploration capabilities.

15+Years of Experience

250+Skilled Experts

25K+Product Downloads

45+Ongoing Projects

Plan your BI journey with us!
Grow
jdrf
CGIAR
QSC
dawson
Breg
DQTECH
shelterPoint
Men’s Health Foundation
fenix
miraclepet

Leading Canadian technology company leverages HR analytics to make data-driven business decisions

Read the case study

Industries

Insurance

Banking

Government

Manufacturing

E-Commerce

Healthcare

IT Services

Business Products & Services

Logistics & Transportation

Energy

Financial Services

Media

Interested to know more about our HR analytics capabilities?

Resources

How Business Intelligence can be useful for Government agencies

Government agencies in any country are some of the biggest data collecting and storing..

What is Power BI

Microsoft Power BI offers a way for your organization to visually access your data. In a world that continues to see massive data..

Microsoft Power BI reports developed to manage end-to-end HR analytics, people information and data.

Beyond Key’s Business Intelligence team developed custom Power BI dashboards and predictive analytical reports for the HR..

Australian NFP, Grow gets strong data architecture and intuitive BI visuals to improve employee productivity

Beyond Key team creating an all-in-one Azure SQL database and utilized Power BI to create interactive..

Leading NPO leverages Business Intelligence tools to turn data into live visualization.

Beyond Key’s, Business Intelligence experts used DOMO to create awesome dashboards for leading NPO..

Develop A Better Workplace With HR Analytics & Power BI

Is your HR team looking for a better way to make decisions that positively impact your organization's corporate culture? In that case..

Business Forecasting With Power BI

The ability to peek into the future is a superpower every business wants. Whether you want to increase your profits..

Data Visualization: Comparing Power BI, Tableau, And Domo

Data tells a story of where your company has gone and where you can go. The question is, do you see where it can..

Contact Us

Use the contact form below for any questions or requests related to our services.

Send us a message

Loading bar Processing...

Contact Info

BEYOND TECHNOLOGIES LLC
INDIANA:

201 N Illinois Street,
16th Floor - South Tower
Indianapolis, IN 46204

ILLINOIS:

405 W Superior St, Ste 707
Chicago, IL 60654

+1-954.317.3944
Beyond Key Systems Pvt. Ltd.
INDORE:

901 A NRK Business Park PU4, Scheme no. 54 Vijay Nagar,
Indore - 452010, India

PUNE:

Level 6, Pentagon P-2, Magarpatta City, Hadapsar,
Pune - 411028, India

HYDERABAD:

Regus Hi-tech City, Plot no.18, iLabs Centre, Level 2, Oval Building, Inorbit Mall Rd,
Hyderabad, Telangana 500081, India

+91-731.472.1700 +91-20.4014.7806