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Why HR Analytics
• Till Late 1990s and early 2000 some of the organizations started
developing the measure of HR performance by defining certain
metrics.
….... contd.
• These outcomes made the corporates to consider data driven analytical
approach in making decisions.
• By 2013 companies like Google, HP, Intel, General Motors, P&G started
adopting HR Analytics
What is HR Analytics
• Collecting organizing visualizing and analysing data by applying
Machine Learning algorithms and Artificial Intelligence to predict
what is going likely to happen in key HR functions like:
▫ Talent Management
▫ Employee Retention
▫ Recruitment
▫ Candidate No Show or Renege
▫ Etc.
www.aiqmindia.com 5/26/2020
Benefits of HR Analytics
• Predict which employee is going to leave and what actions can be
taken to retain?
• Which candidate is not going to join and what actions can we take
to make the candidate join?
• What will be the cycle time to hire and prescribe what actions can
we take to bring it down?
www.aiqmindia.com 5/26/2020
CRISP-DM Model ,
Cross Industry Process for Data
Mining
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Sources of Data
• Employee surveys
• Telemetric Data
• Attendance records
• Multi-rater reviews
• Salary and promotion history
• Employee work history
• Demographic data
• Personality/temperament data
• Recruitment process
• Employee databases
www.aiqmindia.com 5/26/2020
• Computers Learn based on input data and identify the patterns and
relations with help of software algorithms this is called Machine
Learning (ML).
• Supervised Learning:
▫ For example, either a candidate will leave the organization or if a
candidate is going to join or not.
• Unsupervised Learning:
▫ Employee performance segmented as High Performers, Non
Performers and Medium performers
Machine Learning Algorithms and Artificial Intelligence
www.aiqmindia.com 5/26/2020
• Linear Regression
• PCA (Principle
• Logistic Regression
Component Analysis)
• Cluster Analysis
• SVM (Support Vector
• Decision Trees
Machines)
• Time Series
• SOMA ( Social Media
• Bagging Analytics)
• Boosting • NLP (Natural
• Random Forest Language Processing)
• Neural Networks
Algorithm is the
sequence of steps in
the system.
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• How to code
Key Challenges..
•Finding people with the right skillset to gather, manage, and report on the
data
•Data cleansing
•Data quality
•Too much data to parse or not knowing what data is most important
•Data privacy and compliance
•Proving its worth to executive leadership
•Tying actions and insight to ROI
•Identifying the best HR technologies to keep track of the data
www.aiqmindia.com 5/26/2020
DAY-1:
1. Key differences between Experience-based Vs. Data-Driven Decision making process
2. Overview of Analytical tools in HR Analytics
3. Data Analysis process steps
4. Applications in HR from Hiring to Employee exit
5. Applications of popular Analytical models in HR (Regression and Predictive analytics)
6. Going beyond HR dashboards- leveraging HR analytics as a strategic decision-making tool.
7. Types of Variables
8. Types of Data
a. Structured, Semi-structured and Unstructured data
b. Continuous Data and Discrete Data
9.Data sampling techniques to select and analyze different data points.
HR Analytics Workshop on 30th and 31st May 2020 www.aiqmindia.com 5/26/2020
DAY-2:
1. Measures of Central Tendency and Spread to understand variation in processes
2. HR Analytics Tools:
a. Exploratory data Analysis
b. Predictive Analytics
c. Prescriptive Analytics
3. Deep Dive into:
a. Predictive Analytics
b. Prescriptive Analytics
4. Understanding data through Exploratory data analysis using ANC the
Business Analytics Software offered in cloud as SaaS (Software as a
Service), which has been developed using R and Python programming
languages.
5. Hands-on Case Studies using ANC software:
Applying analytical techniques in the real industry scenarios
Case Study-1: Analytics based decisions related to Attrition
Case Study-2: Predicting possibilities of HR Renege.
www.aiqmindia.com 5/26/2020
Questions ?
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Thanks
dskode@aiqmindia.com
Whatsapp: 9320003505