HR's New Power Tool: Workforce Analysis
HR professionals now have a powerful tool at their disposal: Workforce Analysis. This data-driven approach helps track internal talent mobility, identify trends, and address negative aspects such as gender disparities in promotions and attrition rates. It's transforming HR management across global divisions.
Workforce Analysis offers a comprehensive view of an organization's talent landscape. It can monitor the number of promotions within each division, validating HR's acquisition, development, and retention programs. By spotting high-growth talent trends, it enables HR to take proactive steps to improve organizational success.
The process, also known as People Analytics, uses advanced data analysis methods and big data. It helps HR predict and respond to employee needs, satisfaction, turnover risks, and performance trends. For instance, it can analyze attrition rates, broken down by job position, gender, ethnicity, and tenure. This allows HR to identify and address negative trends, such as gender disparities in internal global mobility.
Workforce Analysis is a vital tool for HR professionals to manage talent effectively. By providing a detailed understanding of the workforce, it enables HR to implement corrective measures, address negative trends, and foster a more inclusive and successful organization.
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