When a business is expanding it’s a good sign obviously. You get more clientele, you make more profits & of course, you can hire more workforce. But with more employees comes more data and if companies want to continue growing they’ll need to take care of their employees. The key to employee satisfaction is employee data. That’s why HR analytics plays a key role!
Here are the top 5 HR analytics tools which are in high demand:
Zoho People: An all-in-one HR software that gives you up-to-date employee data on everything -leave, attendance, time-sheets, logins & logouts- an automatic tracking on so many levels helps save loads of time & effort.
The integral part of HR analytics is performance appraisals and with Zoho, you can download performance reports and stay updated about the kind of employees you have, their progress or decline. This foolproof setup that helps you gauge your employees helps you direct a more informed recruitment process. Self-appraisals that are highly appreciated by employees since they become part of the evaluation process are also available on Zoho.
IBM Kenexa: An IBM product which is meant to be the best for small & medium businesses and specialises in employee retention. This cloud-based system extends its functionality to what the company can do on the outset to grow. So basically, the inside tracking helps make better decisions regarding employee retention and the company’s future. The software can be accessed on Android, Windows or IOS.
Oracle HR Analytics: Oracle gives you a perfect HR tool by making data accessible to people across multiple levels across the company. So managers have direct access to employee data as user dashboards can be customised as per the user’s utility. The tool streamlines data and analyses customers, suppliers and bottom line and makes this analysis accessible across levels.
PeopleInsight: Actionable insights & analytics are all centralised in this tool and can be used optimally by aligning them with specific objectives. Customised dashboards yet again allow users, across levels, to use the tool based on their purpose.
Crunchr: It is one of the few analytics tools that empower the HR heads to make better decisions. The app is intuitive and serves as a great foundation to understand employee competency levels and craft HR plans which focus on the right hiring processes of new employees and development programs for existing employees.