HR Analytics Essentials You Always Wanted To Know
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Pages: 214 pages
Paperback (ISBN): 9781636510347
eBook (ISBN): 9781636510354
Hardback (Color): 9781636510361
Trim Size: 5.5” x 8.5”
Category: Business & Economics
Author: Dr. Michael J. Walsh, Vibrant Publishers
- 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
A practical guide to using human resource analytics for making optimal business decisions.
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.
1. Introduction
1.1 What is “HR Analytics?”
1.2 The Art and Science of it All
1.3 The Four Roles of HR Analytics
Chapter Summary
Quiz 1
The Rest of this Book
2. Recruiting and Staffing
2.1 Generic Staffing Model
2.2 Job Analysis
2.3 Sourcing
2.4 Recruiting
2.5 Reliability
2.6 Validity
2.7 Words of Caution in Using Assessments
2.8 Metrics
Chapter Summary
Case Study: Physical Therapy Recruiting
Quiz 2
3. Total Rewards
3.1 Job Evaluation
3.2 Salary Surveys and Benchmarking
3.3 Incentives and Pay-for-Performance
3.4 Evaluation of Benefits
3.5 Metrics
Chapter Summary
Case Study: Incentive Plan Return On Investment
Quiz 3
4. Training, Succession and Careers
4.1 Competency Modeling
4.2 Training Needs Assessment
4.3 Training Measurement and Experimental Design
4.4 Regression Modeling and Causality
4.5 Analytics in Succession and Career Planning
4.6 Succession Planning
4.7 Metrics
Chapter Summary
Case Study: ManuCo Succession Planning
Quiz 4
5. Nonexempt Workforce
5.1 Why focus here?
5.2 Hourly Hiring
5.3 Utility Analysis
5.4 Collective Bargaining
5.5 Productivity Analysis
5.6 Absenteeism
5.7 Metrics
Chapter Summary
Case Study: ManuCo Hourly Hiring Utility Analysis
Quiz 5
6. Getting Started
6.1 Capability / Readiness Matrix
6.2 Recruiting
6.3 Training impact
6.4 Total Rewards - Pay Equity
6.5 Employee Turnover
6.6 A Note About Inclusion and Diversity Analysis
Chapter Summary
Case Study: The Four Roles of HR Analytics
Quiz 6
7. 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
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.
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.
The Self-Learning Management Series is designed to help students, new managers, career switchers, and entrepreneurs learn essential management lessons and covers every aspect of business, from HR to Finance to Marketing to Operations across any and every industry. Each book includes basic fundamentals, important concepts, and standard and well-known principles as well as practical ways of application of the subject matter.
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.
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
This book explains the scientific method of inquiry as it is applied to HR functions in a clear and understandable manner. The book has easily viewed charts, graphs, case studies, discussions questions, and quizzes to help the reader. The use of statistics to operationalize data is easy to comprehend. The book covers the essential areas of the HR function in organizations such as staffing and training and compensating both salaried and hourly employees. A plus are the video tutorials available online. I would recommend this book without reservation to both, teachers, students or practitioner of HR who wish to comprehend the subject matter of HR Analytics.
-- Dr. Jerry Spiegel, President, Lakeview Educational Association
HR Analytics Essentials is a competent source for those wanting a primer on using data about people to drive meaningful change within an organization. While most textbooks in this area focus on either quantitative analysis or psychological theory, Dr. Walsh’s work does an effective job at bridging the gap between these two through an organizational lens. By exposing the reader to a broad range of important concepts relevant to HR analytics, this book is a terrific starting point for those wanting a framework to understand both the importance and application of data in human resources.
-- James Meersman, Juniata College
Dr. Michael Walsh outlines a pragmatic approach to HR Analytics for the most novice to the most advanced. His writing style is easy to follow, and often funny, without talking down to the reader.
-- Dr. Wendy Hirsch, VP HR Technology, Analytics & Services, Eaton
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Customer Reviews
A fantastic introduction to the world of HR Analytics. The book breaks down the complex concepts into simple and relatable language. It is perfect for HR professionals who are new to analytics and looking to enhance their decision-making process.
I found this book very insightful and engaging. It covers the essentials of HR Analytics in a way that is both informative and easy to understand. The practical examples and real-world applications make it a valuable resource for HR professionals.
An outstanding guide to understanding HR Analytics. The book is well-structured and offers practical insights into how data can be used to make strategic HR decisions. A great resource for HR professionals looking to leverage analytics in their work.
HR Analytics Essentials provides a clear and concise overview of how data can transform HR practices. The author does a great job of explaining the basics while also diving into more advanced topics. It's a must-read for anyone interested in data-driven HR.
This book is an excellent primer on HR Analytics. It simplifies complex topics and makes them easy to understand, even for those with little background in data analysis. The case studies and practical examples are particularly helpful for grasping the concepts.
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