The Quirky Relationship of Numbers and Retention
An inside joke among many HR practitioners is that, they became HR to avoid numbers. Alas! HR is, at times, all about the numbers. Well, not necessarily arithmetic or algebra, but DATA. The Importance of Data Let me make this clear - gone are the days when HR choices were only based on gut-feel or stories from generations before us. A data-driven method is necessary in today's HR world, and for good reason. By using analytics, HR professionals can learn a lot about how employees behave, how engaged they are, and how happy they are with their jobs generally. When talking about retention, data is the key that shows patterns, finds trends, and helps make smart decisions. Understanding Data Analytics Data analytics exists at several levels, each of which is critical to corporate effectiveness. At its most basic is descriptive analytics , which involves summarizing and presenting data in order to provide a clear snapshot of current trends. Exploring this data aids in identifying pattern...