4 HR Analytics Case Studies to Inspire from

HR analytics is the method of gathering and assessing Human Resource (HR) data to enhance a company’s workforce performance. Also known as people analytics, talent analytics, or even workforce analytics, the process analysis is evidence of how HR initiatives are impacting the company’s goals and strategies. The technology helps in understanding current trends and conducting strategies that have higher success rates based on the insight collected previously.

It has several other benefits as well and helped so many companies grow on many levels. We have accumulated 4 case studies that have become an inspiration for the companies of different sectors and scales. Let’s get you inspired too!

Picking Business Location for Cisco

Cisco used HR analytics to leverage demographic data to pick up the right spot for their new offices. By amalgamating crucial data like current office space usage, availability of key talent, cost if bought or rented, and accessibility of universities graduates helped them to expand their business in areas where the competition was low.

Furthermore, during the search for a new office, the company used the same technique to find locations where human resources or talent with appropriate qualifications were in surplus.

Unilever Won over the Hostile Takeover with HR Analytics

In 2017, Kraft Heinz attempted a hostile takeover bid to acquire Unilever. In a dramatic turn of events, Unilever’s workforce analytics team leveraged the technology for its best interest. The workforce studied the company’s networks and created campaigns for potential cost-cutting.

Moreover, the company was able to track what their internal stakeholders were reacting to their defense strategies, helping them to make better decisions.

In an interview, the vice-president of HR, Clement said “the information we provided helped both in putting together cost reduction plans and providing information to back up the feasibility of our growth plans, so we could show that we were better placed to leverage the strengths of our business than Kraft Heinz.”

HR analytics at a small company

This case study is to bust the misconception that only large corporations can leverage the unprecedented benefits of HR analytics.

A real estate company, Intracorp is a company of fewer than one hundred employees. Regardless of the size, the company became a victim of dispersed work culture, causing miscommunication leading to mistakes, missed deadlines, and misunderstandings.

HR analytics was the company’s last resort to train leaders and their leaders within the flow of their workday. By triggering the highest priority development areas, the analytic teams tracked the processes and performance of the team leads and their members, allowing them to calculate a decreased cost of lost productivity.

This helped the small firm improve their productivity by 10%, an increase of retention by 128%, and a reduction in meeting inefficiencies by 50% within only 30 days.

Resolving Employee attrition at Experian

Experian, an Irish multinational consumer credit reporting establishment was facing a major employee attrition crisis that was 3-4% higher than their expectation.

With the help of a predictive model consisting of 200 elements like team size and structure, length of commute, and supervisor performance, they were able to see the impelling cause. Later, the campaign was launched in various regions – with slight customizations as per the requirements. The information derived from HR analytics backed with good management practices, caused a decrease in attrition by 2-3% over the past 18 months, saving up to $8,000,000 to $10,000,000.

The aforementioned examples of HR analytics showed that a system when integrated with efficient management skills and constant practice can unfurl more opportunities beyond imagination. Whether the company is a large establishment, small firm, or has just started, HR analytics sees no constraints in providing unprecedented benefits. Therefore, bust the myths, step up, take the chance, and take your company to whopping heights.