10 years ago in most companies the functions of HR analytics were reduced to providing operational reports. Specialists were mainly engaged in measuring the costs of hiring and training staff, contributing the growth of business value more or less.
But since 2011, the market has been shifting: about 5 % of the market's leading companies, including Google, Sysco, Best Buy and Starbucks1 have invested in predictive or behavioral People Analytics technologies.
So, by 2020 the Human Resources market has formed a steady trend of implementing Predictive Analytics for making business decisions based on objective measurement and big data.
Who should we hire? How much should we pay to employees? Which employees are prone to burnout? How can we prevent staff fraud or unwanted outflow?
How does estimating and predicting of the Human Factor in business allow you to increase customer satisfaction and retention?
Find the answers out in a new Yva.ai article.