HR Dashboards for Efficient HR Management
The ongoing pandemic has introduced many changes in the working culture for almost all sectors. The change in work culture has introduced concepts like work from home, working remotely, partial work from the office, etc. HR folks are now more than ever dependent on data to understand employee sentiments and needs, recruit efficiently, manage people better, track, and monitor employee activities.
With these changes also come uncertainties like unfortunate downsizing, unfavorable up-gradation in HR policies, unfair appraisals due to lack of an efficient performance management system. This makes it essential for the HR teams to analyze key HR metrics, bring out deeper intelligence so that they can make the right decisions and actions proactively.
Let’s look at how HR teams can leverage HR dashboards across various functions to hire the right talent, keep employees engaged, and enhance productivity, irrespective of where their teams are.
Talent Acquisition Dashboard
Acquiring talent that meets your requirements is a tricky process. Whenever a company posts any job profile, thousands of people may apply. Recruitment activities are now being carried out more online; scrutinizing everyone could be tedious, it impacts company resources, and may not bring out favorable results. Talent Acquisition dashboards help in segregating profiles based on various set KPIs. It will help you to realize productive channels for recruitment, create funnels of what fits with your organization and what does not, and improve the overall recruitment cycle. You can automate some of the recruitment processes to bring out only relevant profiles and spend time interviewing them.
With this dashboard, you can monitor KPIs such as time to hire, cost of hire, historical recruitment data, diversity of recruitment, and other data points. With the help of this information, you can stay informed, hire the right talent at the right time, and keep running smoothly.
Attrition and Retention Management Dashboard
HR personnel in your company may sometimes dwell in the uncertainty of unexpected attrition of people. With people more scattered now, it is even more difficult to learn employee sentiments, employee needs, compare policies with competitors in multiple cities and areas. With this dashboard, you can discover causative factors for people leaving the organization. You can find out the critical resources in the organization. You can analyze historical data points such as promotions, incentives, reviews, etc. against the probable reasons for attrition. You can run machine learning algorithms on internal and external social boards to perform sentiment analysis. It would help to find the exact concern areas and use this information to curb the attrition rate and enhance retention strategies.
Your HR folks can use these data points to predict the future attrition rate based on department, grade, and other factors. With this information, you can timely plan effective retention and recruitment strategies.
Employee Performance Dashboard
This dashboard helps you and your managers to monitor and assess your teams against their set KRAs. You can gain visibility into absenteeism, working hours, tasks completed vs the time taken, and more to measure various performance parameters of employees. The dashboard helps in assessing compensation vs performance which can help to plan fair and transparent appraisals of employees in the appraisal cycles.
You can also keep track of learning and development initiatives for your teams. You can predict overall learning needs based on the current and future requirements, plan learning activities, and measure how it is impacting the working. Maintain scorecards and use this information to allocate the right resource to a more suited process.
Workforce Management Dashboard
This dashboard gives a 360-degree unified view of people’s data. You can use this dashboard to track, monitor, and manage your workforce across cities and functions. With this dashboard, understand the distribution of employees w.r.t department, grade, gender, diversity, demography, specialty, area, and other factors. Drill-down to granular level details of each employee within the organization. Use this information to measure if you are successfully meeting the company, hiring policies, and employee needs. Match resources to different processes more effectively. You can do succession planning efficiently. Bring out trends and predictions on overall HR requirements for the company.
Create your own HR Dashboard or use a Pre-formatted HR Dashboard with Intellicus
Intellicus provides you easy access to tools and features to create effective HR dashboards and helps you to start analyzing your people’s data lickety-split. You can use a pre-formatted dashboard, put your data, and start analyzing your data in no time. To learn more about how you can leverage Intellicus for your HR analytics, contact us here.