Talent Analytics

Talent analytics is focused on applying statistics and technology to large sets of people in order to make better organizational and operational decisions. Much like other specific subsets of larger statistics, talent analytics uses a variety of BI tools and systems to create a more holistic and data-driven view of an organization’s staff. This way, companies can make the best decisions based on actual results and quantifiable success.

What is talent data?

Talent data is defined as information and insight that an organization has available on its talent that is collected from their talent management system (TMS) including recruiting, onboarding, learning, performance, compensation, succession and workplace collaboration.

What are HR data analytics?

Data analytics in HR refers to the science of data analytics applied to human resources methods and programs. Human resource analysts are responsible for HR functions such as recruitment, training, employee engagement initiatives, employee development, and employee performance.

How is analytics used in HR?

Analytics is based on data. HR analytics is the science of gathering, organizing and analyzing the data related to HR functions like recruitment, talent management, employee engagement, performance and retention to ensure better decision making in all these areas.

Is talent analytics the next step in the evolution of talent management?

We have found that of all the critical areas that make up a complete talent management system, talent data analytics has the most room to grow. Talent leaders & managers have only begun to scratch the surface of understanding what conditions lead to human performance. See the full article for more details.