Big data is a term describing extremely large data sets that are analyzed computationally to reveal patterns, trends, and associations. When you apply analytics to HR data, you get people analytics. People analytics (aka workforce or talent analytics) uses statistical methodology and software to analyze worker-related data. This enables you to take big data a step further by giving you the power to see past the what, to why it’s happening, and how to fix it. People analytics helps you optimize your workforce assets and improve outcomes through more strategic human resource management.
This ebook shows how you can use big data to demonstrate HR’s value through the language of business: time and money. By demonstrating value in this way, your HR team can affect the greatest impact on your business.