Internationally there has been a lot of attention for the new field of HR analytics. Historically human capital counts for at least 60 percent of the total costs of an organisation. The way you spend your money on human capital has a huge impact on business results. The potential return on investment of using a structural and systemetical approach to better understand the impact of HR is huge.
You cannot manage what you don’t understand
With all the recent developments in data collection and analytics it is now possible to do high-end analytics on human capital. With this approach you get a chance to really understand and optimize HR processes. You gain insight in the causes of problems like unwanted employee turnover or absenteeism. But you can also better understand why certain teams or managers are so successful.
Relevant data and metrics can be:
- The ROI of training and development budgets
- The time, effort and money your recruitment process costs
- The added value of specific teams, departments or locations
- The level of employee engagement for every team
- The quality of your managers’ people skills
And so forth
Team Scorius has the right knowledge and skills to gather and analyse data effectively. The I-O psychologists and consultants of Scorius are able to analyse your human capital situation in the right way. By making HR measurable it becomes more predictable. HR analytics are a chance for HR professionals who want to improve their impact.