What Is HR Analytics? HR analytics, also known as people analytics and sometimes workforce analytics, is the process of collecting and analyzing data that involves a company’s employees and presenting that data to different areas of the organization to help improve their operations. People data can be used to measure the productivity and efficiency of teams, improve a business’ return on investment, influence structural or strategic changes, and improve employee engagement.
What Are HR Analytics Tools? HR analytics software helps HR teams to collect, securely store and analyze their people data, taking over the laborious, repetitive tasks so that HR staff can focus on generating meaningful insights to help their business and its employees reach their full potential. Analytics tools are sometimes built into Human Resources Management Systems, but for more granular, customizable analytics, HR teams should consider investing in a standalone analytics tool.