HR Analytics
In today's volatile business environment, being nimble is a strategic advantage. With the right analytics tools in place, your Human Resources Team can make contextual and actionable predictions. HGS, with its vast experience in handling the HR administration tasks of various organizations, can make your HR data talk to you. We can generate useful business insights from the information we get from your organization's benefits programs, career planning, employment equity, grievances, benefits claims, certifications, considerations for promotion/transfer, number of dependents, salary, average work-life of an employee, leave usage patterns, education levels, language skills, and training. All this so that you manage and make organizational decisions based on facts. We help you decide not on the basis of what you think, but what you know.
HGS can take multiple, relevant datasets and business rules into account, and then use statistical techniques to make 'what is', 'what will be' and 'what if' analyses. We can help you move from 'who didn't perform' to 'who will perform'. We can facilitate the performance target setting process, train line managers in the ways of gathering and reporting data, identify high potential employees, develop a competency model with clearly defined metrics, develop positional competency maps and prescribe pertinent proficiency levels for key positions, review your organization structures, job descriptions, grading and banding, measure employee satisfaction and engagement, address specific retention and motivation issues, and regulate the implications of any recent specific change in business plan due to organic or inorganic factors.
Through our extensive knowledge of payrolls, we can review your compensation structures to arrive at progressive, simple yet efficient, tax friendly, employee friendly systems. We can develop individual, team, and company performance based variable pay plans and Balance Score Card based compensation systems.
Our Analytics solutions don't change your processes, nor do they demand extra work from your HR managers. You know your business; HGS Analytics will only sit on top of your data to make accurate and actionable predictions to put you in command. We will predict so that you can preempt.
HGS HR Analytics Service offers the following exclusive benefits:
- A complete array of metrics and dimensional attributes to choose from
- Insights into the motivators/de-motivators for top/bottom performers
- Design of equitable and consistent compensation across roles
- Ability to develop 'what if' scenarios with a series of alternatives
- Predictive models to anticipate and invalidate unpleasant developments
- Root Cause Analysis to identify, quantify, and rank the drivers for attrition
- Seamless integration with the HR processes of the client

