How do firms use workforce analytics and data mining to evaluate HR practices?

What will be an ideal response?

Answer: Employers use workforce analytics software applications to analyze their human resources data and to draw conclusions from it. For example, a talent analytics team at Google analyzed data on employee backgrounds, capabilities, and performance. The team was able to identify the factors (such as an employee feeling underutilized) likely to lead to the employee leaving. In a similar project, Google analyzed data on things like employee survey feedback and performance management scores to identify the attributes of successful Google managers. Such efforts employ data mining techniques. Data mining sifts through huge amounts of employee data to identify correlations that employers then use to improve their employee selection and other practices.

Business

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If two firms have the same yield to maturity on their publicly traded debt then the firm with the ________ will have a ________ after-tax cost of debt

A) lower tax rate; higher B) higher tax rate; higher C) shorter maturity of debt; higher D) longer maturity of debt; lower

Business

Frederick W. Taylor's approach to management was scientific because it used techniques that were ________

A) based on observation and experimentation B) based on physical laws C) developed in laboratories D) based on time and motion

Business