What are some real-world examples of workforce analytics?
Workforce analytics involves using data to improve employee performance. For example, a retail company analyzed sales data to optimize staff scheduling, resulting in a 15% increase in sales.
Can you give me another example?
Sure! A tech firm used workforce analytics to identify skills gaps among employees, leading to targeted training programs that improved productivity by 20%.
What tools are commonly used for workforce analytics?
Common tools include Tableau for data visualization, SAP SuccessFactors for HR analytics, and Microsoft Power BI for reporting.
How can small businesses benefit from workforce analytics?
Small businesses can use workforce analytics to make data-driven decisions, optimize hiring processes, and improve employee retention.
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