HR Analytics Essentials You Always Wanted To Know

by Vibrant Publishers, Michael Walsh

Overview

Highlights of the book:

Functions as a supplement to a textbook for undergraduates studying Human Resources Management

Blends theory with practical guidance, making it easy to begin implementing analytics best practices

Comes with helpful video tutorials for using Excel to manipulate quantitative data

Have you ever wondered if there is a science behind the people decisions made by businesses? If you have ever been curious about this, then HR Analytics Essentials You Always Wanted to Know is the resource guide you need!

Read this book if you want to be able to:

Define what HR Analytics can do for an organization

Determine the best HR analytics role for you

Assess the readiness of your organization for undergoing a study using HR analytics

Apply HR Analytics in various HR disciplines

Use Excel to efficiently manage data for your HR analytics

Tell your organization's story - whether you are a seasoned professional or a newcomer

Part overview of the field, part handbook, HR Analytics Essentials walks readers through the many benefits of using analytics to make better people decisions. HR Analytics requires more than just strong gut instincts and a talent for talking with people; it requires a good understanding of your organization's human capital. As this guide will show, HR Analytics is both an art and a science that can help your organization make informed decisions that benefit all stakeholders. With case studies and online tutorials, including a step-by-step guide for using Excel to efficiently work with your data, HR Analytics Essentials is the perfect handbook you need.

About the Series

The Self-Learning Management Series is designed to help students, new managers, career switchers and entrepreneurs learn essential management lessons. This series is designed to address every aspect of business from HR to Finance to Marketing to Operations across any and every industry.

Product Details

ISBN-13:	9781636510361
Publisher:	Vibrant Publishers
Publication date:	04/07/2021
Series:	Self-Learning Management
Pages:	222
Product dimensions:	5.50(w) x 8.50(h) x 0.56(d)

About the Author

Vibrant Publishers is focused on presenting the best texts for learning about technology and business as well as books for test preparation. Categories include programming, operating systems and other texts focused on IT. In addition, a series of books helps professionals in their own disciplines learn the business skills needed in their professional growth. Vibrant Publishers has a standardized test preparation series covering the GMAT, GRE and SAT, providing ample study and practice material in a simple and well organized format, helping students get closer to their dream universities.

Dr. Michael Walsh is an industrial and organizational psychologist with over 15 years of human resources and people analytics experience. Michael currently leads Global Talent Management and Organizational Effectiveness for Eaton Corporation's Vehicle Group. He also teaches a Human Resources Analytics course for master's level students at the University of Illinois and Wayne State University. Previously, Michael's passion for People Analytics landed him at Bloomberg and Fiat Chrysler Automobiles where he started and led the Global People Strategy and Analytics and People Analytics and Insights functions, respectively. Michael began his professional career as a client facing consultant for Mercer's Human Capital practice focused on HR Strategy, Organizational Design/Development and Human Capital Analytics. Michael worked for Mercer in Chicago, Dubai and New York. His master's degree is in Human Resources and Industrial Relations from the University of Illinois and his PhD is in Industrial and Organizational Psychology.

Table of Contents

Introduction

What is "HR Analytics?"

The Art and Science of it All

The Four Roles of HR Analytics

Chapter Summary

Quiz 1

The Rest of this Book

Recruiting and Staffing

Generic Staffing Model

Job Analysis

Sourcing

Recruiting

Reliability

Validity

Words of Caution in Using Assessments

Metrics

Chapter Summary

Case Study: Physical Therapy Recruiting

Quiz 2

Total Rewards

Job Evaluation

Salary Surveys and Benchmarking

Incentives and Pay-for-Performance

Evaluation of Benefits

Metrics

Chapter Summary

Case Study: Incentive Plan Return On Investment

Quiz 3

Training, Succession and Careers

Competency Modeling

Training Needs Assessment

Training Measurement and Experimental Design

Regression Modeling and Causality

Analytics in Succession and Career Planning

Succession Planning

Metrics

Chapter Summary

Case Study: ManuCo Sucession Planning

Quiz 4

Nonexempt Workforce

Why focus here?

Hourly Hiring

Utility Analysis

Collective Bargaining

Productivity Analysis

Absenteeism

Metrics

Chapter Summary

Case Study: ManuCo Hourly Hiring Utility Analysis

Quiz 5

Getting Started

Capability / Readiness Matrix

Recruiting

Training impact

Total Rewards - Pay Equity

Employee Turnover

A Note About Inclusion and Diversity Analysis

Chapter Summary

Case Study: The Four Roles of HR Analytics

Quiz 6

In Closing

Number 1: Know Your Data

Number 2: Understand What You Can and Cannot Do (Yet!)

Number 3: Know Your Organization

Number 4: Think Differently

Number 5: "People Should Make People Decisions"

Some Closing Thoughts - My Hopes and a Thank You

Chapter Summary

Appendix: Getting Started with Excel - Video Tutorials

Basics of Microsoft Excel

The Excel Environment

Basic Operations

Formatting

Data Manipulation and Basic Formulas

Pivot Tables

Charts and Graphs

Slicers

Putting It All Together

Congratulations!

References

Editorial Reviews

This book provides a good, basic overview of HR analytics that is easy to understand and is not overly technical. It could be a useful supplement to an introduction to HR text used in an undergraduate class to provide additional coverage of HR analytics which is especially important to the strategic role of HR in organizations.
—Loren Kuzuhara, University of Wisconsin-Madison

Every function of an organization can benefit from analytics. Dr. Michael Walsh has and his book HR Analytics Essentials provides a helpful framework for establishing and using analytics to support the Human Resources function and key decision-making. This book is a good tool for individuals in the field of H.R. and managers.
—Leslie Yerkes, President Catalyst Consulting Group, Inc.

From the Publisher