Karthikeyan Damodaran BRIDGEi2i Analytics Solutions
The Fifth Elephant 2012, Bangalore
28th July, 2012
@ 2012 BRIDGEi2i Analytics Solutions Pvt. Ltd. All rights reserved
Analytics- A magic wand for HR Professionals
I am part of an Analytics Solutions company that is focused on embedding data driven decision making
HR has to cope with some very serious challenges
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Hiring Effectiveness
Compensation Planning & Allocation
Retention
What is HR Analytics
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• It is leveraging the data lying around in the HR database and elsewhere in the organization to take the best possible decisions regarding people, their well being and their development.
• It is realizing that solutions to the most intractable problems lies buried in the data
TENURE RATING PROMOTION
SALARY ATTRITION INCENTIVES
HR Analytics Illustration- Hiring Effectiveness
Qualification
Institution
Location
Job Roles
The Fitment Conundrum
PERFORMANCE
COST
Quantify Normalize Weightage
Data Driven Hiring Decision Engine
HR Analytics Illustration- Compensation Planning & Optimization
How much to pay?
GOALS BUDGET MARKET
Business/ Individual
Performance
Tolerance Level by Goal
Type
Performance Rating
Differentiation Philosophy
Fund Constraints
Allowable Spread
Target Positioning
Specialized Skills
OPTIMIZATION ENGINE
PROBLEM SOLVED
HR Analytics Illustration- Drivers of Retention
How do I retain my employees?
Everybody seems to be leaving!!!
THEMES & SENTIMENTS
PROMOTION
MULTIVARIATE INTERACTIONS SEGMENTATION
Measurable contribution to
Business
Fact based decisions
Targeted and
optimized resource
deployment
STRATEGIC LEVER THAT LIFTS BUSINESS
OUTCOMES
Visualizing a Data Driven HR Organization
METRICS DRIVEN ANALYTICALLY DETERMINED WORKFORCE
PERFORMANCE
ENHANCED AWARENESS OF
WORKFORCE ISSUES & TRENDS
THANK YOU
E-Mail – [email protected]
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-analytics-solutions
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Web – www.bridgei2i.com
