HR ANALYTICS: A Conceptual Study on Decision Making

Abstract

Every organization is struggling to stay competitive since the pandemic has forced everyone into difficult situations. The only way to cope with this situation is to enhance development and advancement in human resources. HR Analytics, a critical tool for creating, analyzing, and storing a vast amount of employee data to make efficient decisions, played a significant role. Human resource analytics helps understand how the investments in human capital assets can contribute to the depreciation of expenses, reducing risk, generating revenues, and executing the strategic plan. In this paper the prime focus is on studying the existing literature on HR analytics and how it helps in making predictive decision-making. The paper also explores the periodic developments done in Human resource analytics as it is having a very crucial role in effective decision–making which gradually result in the success of an organization. Keywords: HR Analytics, HR information system, Human Resource Management, big data, decision making.