HR Analytics

HR Analytics

Overview

SmartERP’s HR Analytics focuses on human capital management to enhance the organization’s workforce and the overall performance. It collects and analyzes relevant data from the database and allows the organization to monitor the efficiency and functioning of its employees. It also facilitates the management and helps develop insights to create a balanced working environment in the organization. SmartERP’s HR Analytics allows your organization to capture data about recruitment, retention, performance and career management, training, benefits, workforce, organization effectiveness, and many other functional modules that assist your organization in analyzing and decision-making.

  • Benefits
  • Headcount
  • Hire and separation
  • Open requisition
  • Payroll
  • Separation by years
  • Training hours

analytics1

  • Headcount
  • Headcount analytics provide useful information about employee movement into, out of, and within a corporation, division or department
  • HR executives and analysts can also analyze various HR actions and its effects
  • Besides HR analysts, business unit managers also monitor headcount, payroll and job satisfaction metrics to identify over- and under- performing managers, recruitment and compensation trends affecting human resources costs, and trends in employee performance
  • These analyses also reveal areas for required compensation, training investment and recruitment budget revisions
  • Retention
  • Rising costs, increased competition and the time it takes to hire and train new talent makes retention of your top performers imperative to growing your bottom linet
  • Track and compare employee turnover
  • Trend analysis of a previous time period with the drill-down feature can provide HR with information regarding areas to focus on such as professional development, training, competitive salary, insurance compensation covering family, possibilities of internationalization, working environment and flexibility
retention

payroll

  • Payroll
  • Payroll analytics can be used to improve the organization’s profitability by conducting an in-depth analysis of various aspects of the payroll
  • Future courses of action can be planned by identifying areas that are contributing an inordinate percentage of indirect labor costs and tie company performance to individual groups or shifts
  • Important payroll analytics can be easily tracked by compensation range, year, frequency, pay-period; or gross/net pay for pay-period, business unit, and department
  • Benefits
  • In an increasingly competitive job market, tailoring a benefits strategy for your business is key to attract and retain valuable employees
  • Benefits analytics will help your organization analyze recent trends that may have a bearing of your employee benefits going forward; this will help identify possible changes for the upcoming year
  • A thorough and complete analysis of the benefits plan by coverage codes, programs and more

benefits