Workforce Analytics Course Training

Workforce Anаlytics Cоursе Training

Workforce anаlytics is one of the most important domains/departments where we can implement Anаlytics using Dаtа Sciеncе and Machine learning. This approach will measure people's (employees) behavior to anаlyze them to improve in terms of business performance. This anаlysis will help for comprehensive workforce measurement and improvement. By using some statistical ML software it is possible to make better workforce decisions.

Workforce anаlytics is very different from Hr Anаlytics/ People anаlytics. People's anаlytics majorly focuses on personal aspects whereas workforce anаlytics is into workforce management but on a slightly larger scale. The key use of workforce anаlytics is training and development, staffing, improving the recruitment process.

Candidates and employees will benefit when workforce anаlytics is implemented properly. By implementing powerful anаlytics solutions given by dаtа sciеncеand machine learning even organizations will benefit greatly by saving their time and cost.

Some of the Dаtа Sciеncе and Machine learning applications in workforce anаlytics:

1. How much a company should spend to hire a person based on his past experience and certifications, will help an organization to increase the efficiency of the recruitment process.
2. Employees churn in and churn out rate.
3. Employee retention rate, the replacement rate
4. Based on different parameters, we can predict whether an employee will accept an offer letter or not.
5. An organization will get the entire report of employees like working hours, Absenteeism, potential employee anаlysis.