โ† Human Resource Management learning path
Human Resource Management ยท Module 9 of 10

HR analytics and HR technology

Using data and systems in HR.

๐Ÿ“– Key ideas

  1. An HRMS (human resource management system) stores employee records, attendance, leave and payroll.
  2. Applicant tracking systems (ATS) manage job openings and candidates.
  3. Key HR metrics: attrition rate, time to hire, cost per hire, absenteeism and training hours.
  4. Attrition rate is roughly people who left divided by average headcount, for a period.
  5. Employee data is personal data and must be protected with access controls.
๐Ÿ’ก Real-life example: Like a doctor reading test reports: numbers such as attrition and absenteeism show where the organisation is unhealthy.
HRMSSystem for employee records, attendance, leave and payroll
ATSApplicant tracking system for hiring
Attrition rateShare of employees leaving in a period
Time to hireDays from job opening to offer acceptance