Transforming Human Resource Management with HR Analytics: A Critical Analysis of Benefits and Challenges

Abstract

Human resources have long been a valuable organizational asset. Employees must be considered as resources to gain a competitive edge, and firms may survive in a competitive market by aligning human resources with essential business objectives. Organizational success has always revolved around human resources. The alignment of HR strategy with the company's overall strategy relies heavily on personnel analysis. Human resource analysis aids HR managers in developing strategies that will allow the company to outperform its competition. The revolution and difficulties of human resource management using hr analytics are examined in this study. Human resource analysis (HR) has the ability to greatly improve HR departments' decision-making capabilities in human and organizational capital. Sample of 217 respondents from HR team of different organizations were surveyed to know the benefits, challenges and impact of Transforming Human Resource Management with HR Analytics. It is found that there is a significant impact of transforming human resource management with HR analytics in an organization.