Build data science based HR processes to create a smarter organization
Human resources is no longer a department that uses conventional methods to get things done. Artificial intelligence enables HR professionals to get insights about employees to improve recruitment decisions and predict employee turnover through HR analytics (also known as talent analytics).
Through HR analytics, HR departments are not only reporting about what already exists in the organization, but also predicting the future possibilities in recruitment, work culture, compensation, training, and employee retention.
HR analytics helps in the betterment of the organization by utilizing data to attract top talents for vacant positions and to gain higher employee retention. AI techniques help companies in predicting the impact of training as well as evaluating the offered compensation.
SIA, Softweb’s Intelligence and Analytics platform, helps companies to integrate historical data and analyze the factors that affect employee job satisfaction, turnover rate, quality of new hires, and most importantly the cost associated with all of these.