What are People Analytics?
People analytics refers to the data-driven processes of studying people, processes, functions, workflows, and operations with a predetermined set of goals. People analytics enable HR leaders to sustain business success by elevating the different workforce processes and incorporating positivity among employees. Advanced people analytics drastically improves how organizations perceive talent. With the power of high-quality data, managers, leaders, and talent recruiters reduce bias, increase productivity and improve organizational performance. By deploying analytics, it is now possible to diversify hiring outcomes and logically ascertain the highest drivers of performance, finally culminating in comprehensive talent management strategies.
Why are People Analytics Important?
People analytics enable HR professionals to extract actionable insights and apply them to real-life decisions around workforce planning and practices. It streamlines the different factions of HR, from employee engagement to retaining talent to managing workforce productivity. Decisions informed by strong data practices equip managers to apply the insights to address gaps in individual performance or identify employee traits beneficial to the organization. Apart from acquiring a diverse workforce, the high likelihood of success will increase the alignment of company goals with its values. HR policies would get easier to follow, facilitating a comfortable environment for employees that is conducive to consistent performance and growth. People analytics also plays a crucial role in change management procedures as it can determine whether every person within the organization shares the same vision and works towards substantially improving company culture.
Can I Learn About People Analytics Online?
People analytics is a dialogue among various disciplines and demands a mixed skill set of human resources, data science, business acumen, work psychology, and communications. Each subject has extensive online resources such as books, research papers, video tutorials, and podcasts. But an all-encompassing people analytics online course can be anyone’s best bet to prepare for the upcoming industrial challenges in the arena. HR analytics shows booming growth in the coming years with a projected valuation of USD 56 billion by 2030 according to a Grand View Research report. A course on people analytics should explore the following areas:
- Talent and organizational connection
- HR Practices and Benchmarking
- Sourcing and targeting
- Supply and Demand Analysis
- Gap and Solution Analysis
- Employment Branding
- Data Cleaning
- Knowledge of statistical modeling
- Talent Acquisition & Development Analytics
- Performance Management
What Kind of Career Can I Get with a Background in People Analytics?
HR analytics attracts people from backgrounds in science and humanities. It requires a basic coding background that will help students grasp the analytical aspects of the course. A BLS report states that HR specialists will witness an eight percent surge between 2020 and 2030. Some of the lucrative careers that await you in this stream are:
- HR analyst
- Lead people analyst
- People analytics manager
- Business manager
- Training and development manager
- HR consultant
- Recruitment manager
- Workforce analyst
- Talent analyst
Why Take an Online Course at Emeritus?
Each Emeritus online course is designed keeping key learning outcomes in mind by a team of experts. The backward design methodology is used to develop instructions for learners of all ages. This enables unique, interactive, learning experiences that include a combination of assessments, hands-on activities, skill applications, and more.
Emeritus also collaborates with the best universities and faculty around the world to curate a course curriculum that can effectively tackle present challenges in the industry, while preparing learners for the trends of the future and the risks they may encounter. The courses consist of assignments, exams, capstone projects, networking opportunities, a fine balance of practical and theoretical concepts, and the opportunity to learn from top minds in the industry. This adds to the holistic experience we try to provide for each learner.
We are also focused on providing courses that are standardized in quality. This is done by adhering to standards set by a global organization called Quality Matters, which is focused on providing quality standards for online and innovative digital teaching and learning environments. The rigorous criteria ensure all our learners invest in quality education that is easily accessible and affordable.