Unit 5-2
Unit 5-2
HR benchmarking uses both quantitative and qualitative data to make comparisons between
and within organizations, sectors, industries, roles, practices, and processes. It is used to
provide feedback to organizations for continuous improvement to their people practices and
challenge existing processes.
By systematically connecting your missions and goals to HR benchmarks and metrics, you create a
structured, data-driven approach that keeps your HR efforts aligned with the overall strategy,
ultimately improving organizational performance.
Reporting & Advising
HR Reporting and Advising involves the collection, analysis, and dissemination of human resources
data to support decision-making and improve organizational performance. HR reports provide insights
into key workforce metrics, while advising helps translate those insights into actionable strategies for
management and leadership. Here’s a breakdown of the key components and processes.
Types of HR Reports
Workforce Analytics Reports
Compensation and Benefits Reports
Performance and Development Reports
Recruitment and Talent Acquisition Reports
Employee Engagement and Satisfaction Reports
HR Advising
HR Advising is the process of helping leadership and HR departments interpret the data and
make informed decisions. Key areas where advising is crucial include.
a. Talent Management Strategy
Succession Planning: Using performance data to identify high-potential employees and plan
for future leadership needs.
Career Pathing: Advising on how to create clear growth paths within the organization to
improve employee retention and engagement.
b. Compensation and Benefits Strategy
Compensation Reviews: Helping leadership determine if current compensation structures are
competitive and equitable.
Benefits Optimization: Recommending changes to benefits programs based on utilization
data and employee preferences.
HR Advising
Employee Engagement and Culture
Engagement Initiatives: Using survey data to advise on actions that could improve employee morale
and retention.
Diversity & Inclusion Strategies: Advising on how to increase diversity in hiring and promote an
inclusive workplace culture.
d. Organizational Development
Change Management: Helping guide the company through major transitions, such as mergers,
acquisitions, or restructurings.
Workforce Planning: Advising on how to structure teams, roles, and departments to meet future
business needs.
Four key rules of HR Analytics
When reporting on HR analytics, it’s crucial to ensure that the information is accurate, actionable, and
presented clearly. Here are four key rules to follow when reporting HR analytics.
1. Align with Business Objectives
Ensure that HR analytics reporting is aligned with the broader goals of the organization.
2. Be Data-Driven and Objective
The data should be accurate, reliable, and free from biases. Avoid drawing conclusions based on
anecdotal evidence or assumptions.
3. Make Insights Actionable
Reporting should focus on actionable insights, rather than just presenting raw
data. Provide recommendations or suggested actions based on the data.
4. Ensure Transparency and Clarity
HR analytics reports should be clear and transparent, avoiding jargon and
overly technical language that may alienate non-technical stakeholders.
Importance of data visualization
Data visualization is the graphical representation of information and data. By using visual
elements like charts, graphs, and maps, data visualization tools provide an accessible way to
see and understand trends, outliers, and patterns in data.
Data visualization translates complex data sets into visual formats that are easier for the
human brain to comprehend. This can include a variety of visual tools such as:
Charts: Bar charts, line charts, pie charts, etc.
Graphs: Scatter plots, histograms, etc.
Maps: Geographic maps, heat maps, etc.
Dashboards: Interactive platforms that combine multiple visualizations.
The primary goal of data visualization is to make data more accessible and easier to interpret,
allowing users to identify patterns, trends, and outliers quickly. This is particularly important
in the context of big data, where the sheer volume of information can be
overwhelming without effective visualization techniques.
Importance of data visualization
1. Analyzing the Data in a Better Way
Analyzing reports helps business stakeholders focus on the areas that require attention.
2. Faster Decision Making
Humans process visuals better than any tedious tabular forms or reports. If the data communicates
well, decision-makers can quickly take action based on the new data insights, accelerating decision-
making, and business growth simultaneously.
3. Making Sense of Complicated Data
Data visualization allows business users to gain insight into their vast amounts of data. It benefits them
to recognize new patterns and errors in the data.