5 Ways to Use Predictive HR Analytics

1. 5 Ways to Use Predictive HR Analytics Recruiting and hiring Predictive analytics uses historical data to identify which strategies or candidates were successful in the past so you can use that information to inform future decisions. With the right analytics software, you can streamline talent acquisition and spend less time and money on the recruiting process. Employee onboarding Every new employee needs to go through an onboarding process — but that process can vary depending on their existing credentials and skill sets. Predictive HR analytics tools can help you identify the most effective training programs for your workforce. PERFORMANCE MANAGEMENT Traditional performance management practices rely on annual performance reviews to take a snapshot of an employee’s performance. With predictive HR analytics, you can be more proactive and anticipate changes in employee performance over time. Employee engagement Employee engagement and retention are closely linked. Employees who feel aligned with your company culture and have sufficient professional development opportunities are at a lower risk of leaving, while high rates of absenteeism and disciplinary issues can indicate that they’re a flight risk. Workforce planning Predictive analytics can help you anticipate these long-term trends so you aren’t caught by surprise by a senior employee’s departure or a staffing shortfall. https://www.rapidbee.com/