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Focus on measuring and analyzing the costs and benefits of human capital investments by gaining the skills to develop, analyze and use information to assess and measure employee and organizational performance. Learn how to develop and make critical recommendations on such information to senior management, as well as increasing your presence and credibility with key decision makers. You will be able to formulate qualitative and quantitative recommendations for key management decisions affecting employees.
Course Outline
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Course Objectives
- Understand how to source, analyze and develop analytics for measuring employee and organizational performance
- Interpret qualitative and quantitative Human Resources data
- Identify where and how data and analysis adds value to organizational programs, policies and processes
- Analyze and make recommendations on findings derived from HR-based data
- Understand the different types and sources of HR data
- Evaluate and qualify issues or challenges related to managing HR data
- Communicate, clarify and provide recommendations to management on analyzed data
What You'll Learn
- Human capital data
- Decision frameworks
- Cost-benefit analysis
- Return on Investment (ROI)
- Net Present Value (NPV) and Internal Rate of Return (IRR)
- Determining and validating data sources
- Data governance and management
- Computing summary statistics
- Developing data correlations
- Predictive analytics
- Analytical biases
- Benchmarking
- Organizational metrics
- Employee and organizational performance indicators
- Financial integration
- HR performance dashboards/data visualization
- Measuring business impact
How You'll Learn
- Interactive lectures
- Assignments
- Group discussions
Is This Course Right for Me?
This course is intended for HR and management professionals within every type of organization who are interested in developing their skills and abilities to evaluate, analyze and measure organizational and employee performance.