People analytics and reporting

About

People metrics and analytics is the application of statistical techniques into HR data elements using key measures or indicators to examine the performance of the HR function and employees, and to subsequently disclose the value of people's intangible assets in the integrated reports as part of the 6 Capitals. In many organizations, HR departments collect data on the various aspects of people management such as recruitment, selection, employee turnover, training, remuneration and performance management but hardly integrate statistical techniques with metrics (measures or indicators) to understand the reasons underlying the pattern of relationships between a given set of variables, and in some cases even predict the cause-effect-relationships. Consequently, decisions regarding the attraction, sourcing, deploying, developing, and retaining of talent are based on intuition and not evidence.

This course will provide participants with insights on how to apply people analytics linked to specific metrics and based on an organizational HR measurement system. Hence a more effective approach is to adopt a structured HR measurement system for determining a business need, identifying a human capital problem, organizing data, analyzing and reporting on the patterns of relationships. This is useful for defining specific metrics to track, analyze and information likely to enable managerial decisions. The course provides value-based metrics, analytics and reporting methods such as internal HR dashboards to visualise people-specific data and external human capital disclosure in the corporate annual reports taking into consideration the international reporting standards.

What you will learn

• The foundations of people metrics and analytics.
• How to apply the HR measurement cycle.
• How to integrate people metrics into HR practices.
• How to apply statistical techniques to provide people analytics.
• Internal and external HR reporting using people metrics and analytics.

Skills you learn

• Performance Management
• Data Collection
• Systems Of Measurement
• Intangible Assets
• Dashboard
• People Management
• Decision Making
• Human Capital

Auto Summary

Unlock the potential of your human capital with the "People Analytics and Reporting" course offered by edX. This comprehensive program delves into the intersection of data science and HR, equipping professionals with essential skills to make informed, evidence-based decisions. In an era where human capital solutions are pivotal for managerial success, this course empowers HR practitioners to analyze and optimize the value of their workforce. Led by expert instructors, this 26-week course covers key areas of data-driven decision-making, ensuring participants can effectively contribute to their organization's strategic goals. Whether you're just starting in the field or looking to enhance your existing knowledge, the course is designed to raise your awareness and proficiency in people analytics. Flexible subscription options, including Starter and Professional tiers, cater to different learning needs and career stages. Ideal for HR professionals and anyone interested in leveraging data science within human resources, this program opens doors to improved management and strategic insights. Join now and transform the way you understand and utilize human capital in your organization.