HR Analytics deals with the application of collected talent data and use it to improve business outcomes. HR Analyzers help HR leaders to get data-driven insights and use them to take better decisions, improve processes, and enhance employee experience. These days informed decisions are taken with the help of metrics. It helps them to get better understanding on how to recruit, retain and decide compensation for employees. The HR analytics not only help in acquiring useful talent for an organization but also helps to make improved business decisions.
How HR Analytics is helpful in solving Business Problems?
HR Analytics is helpful in solving business problems and address various challenges such as:
- Identify leadership traits among candidates and decide high value career path for them
- Analyze growth and engagement pattern
- Select high-performing job applicants
- Build strong relation with other teams to understand clearly the requirements within a department.
For all the reasons given above HR Analytics is an important field that can impact the growth of an organization.
What are the top technical skills required to become an HR Analyst?
The top technical skills required to become an HR analyst are as follows:
MI & Data Management: To become an HR analyst a person must possess strong technical and operational abilities. The person must be well versed with working on Microsoft Office along with working knowledge on Machine Learning applications. The Database experience includes Excel, Access and Visio. The role is quite important as high volume of data manipulation and analysis is required.
Systems Management: The knowledge of operating and handling HR system is quite crucial.
Qualifications: A degree in HR, Analytics or operations will be helpful to avail a job in the HR analytics field. XLRI HR Analytics course will be helpful to fill the gap of your aspirations and your goal. On completion of the program the learner will achieve the HR Analytics Certification.
What are the job roles that can be assumed after pursuing a course in HR Analytics?
On completion of HR Analyst course there are numerable job roles available for a person, a few of them are listed below:
- Executive HR Analytics
- HR Executive Generalist
- HR General Manager
- HR Analyst
- Assistant Human Resource Manager
- Human Resource Manager (HRM)
- Human Resource Analyst (HRA)
- Learning and Development Manager
Human Resource Department holds an important place in every organization since they are responsible for making policies, recruitment of candidates, organizational operations, compliance with government norms, salary disbursement, etc. HR Analytics is a senior job position in the HR field. The role of HR Analysts is different from execution of managerial processes for an organization. In fact the role of HR Analyst is to make efficient policies for an organization that employs large number of people.
What is the Career path after doing HR Analytics?
The career ladder of HR Analytics begins from the Junior HR Analyst then progresses to HR Analyst and later to Director of HR Technology. The HR analytics certification online will help to build a successful career in this field. Given below are the brief description of each profile:
Junior HR Analyst
The main responsibility of an HR Analyst at the beginner level is to conduct research, analyse data and prepare reports. They also maintains employee records and keep a track of the benefits and their compensation packages. At initial levels junior HR Analyst helps HR department to create and conduct employee surveys, develop training materials for new and existing employees as per the instructions given by the HR Analyst, assist HR department in conducting classified audits. For carrying out these duties junior HR Analysts require to have strong research, communication and analytical skills. The preferred skills for the job role are as follows:
- Excellent communication skills for interaction with different HR members, other departments and teams.
- A good understanding of labour statistics, employee benefits and HR roles.
- Command over organizational skills as they require to conduct various surveys and events
HR Analyst
The next position on the ladder after Junior HR Analyst is of HR Analyst. With the advancement of job role the HR Analyst has some added responsibilities as well. The core duties involve gathering HR data on jobs, compensation, benefits and other important analytics data, conduct surveys on performance management, improve existing policies on training and development, employ relevant HR metrics to reduce the rate of turnover, review job descriptions and job titles of each employee to increase employee retention. The preferred skill set for the job role is as follows:
- Strong Communication skills and understanding of data analysis using statistics software to generate reports and presentations.
- Creating and assisting in making organizational policies.
- Ability to maintain good relationships with employees and create positive work environment.
Director-HR Technology
The position of HR Technology Director comes just after the position of HR Analyst. The main responsibilities of HR Technology Director includes attracting, development and retention of top talent. He takes care of all the technical aspects of the HR department thus said to be the Tech expert of HR department. He also serves as the strategic leader and implements innovative solutions to increase HR efficiency through introduction of new software, optimal utilization of resources and delivery of services. HR Director of Technology thus plays a vital role in designing, developing, implementing and maintaining various processes and procedures to support company goals.
- Experience in managing HR department and other employees.
- Proficient in working on Outlook, Excel, Word, PowerPoint, and Viso.
- Excellent organizational and communication skills.
- Know-how of encrypting highly sensitive information and maintaining confidentiality.
What are the job responsibilities of an HR Analyst?
The core responsibilities of an HR Analyst are as follows:
- Collect HR data of jobs, salary compensation, benefits to employees and other HR Analytics data.
- Assist HR Manager in understanding employee related issues.
- Making improvement in existing company policies based on the data analysis.
- Review job titles and descriptions and analyze the reasons of leaving job by an employee and formulate employee retention strategies.
- Calculate the estimated cost of the training programs, perks and benefits meant for employees in each department and assist in predicting budget.
HR analytics course online, offered by XLRI paves the path for a successful career in this field. The demand for HR Analysts is growing in the Industry as they use technical and analytical tools with a human touch. The course makes the participants learn to appreciate the transformative capabilities of digital HR technologies, learn various processes that enable treating data as an asset, acquire the ability of data visualization & storytelling, familiarize the full potential of MS Excel, Power Point, Tableau & Power BI. It includes developing the ability to articulate ROI on HR investments and Business Strategy for decision makers, develop analytical ability to report, measure and predict analytical trends, and create experiences using the principles of design thinking.
XLRI offers one of the best HR analytics course in India, given below are the program highlights:
- Analytics Edge: Using analytics to improve attraction and retention of employees.
- Data Storytelling: Make use of data for business intelligence and self-service tools.
- Strategy Building: Formulate HR plans that align with business growth and offer high returns.
- Impact Management: Using AI-driven insights intended to enhance business performance.
- Value-driven HCM: Talent & workforce management through Cloud software for global HR.
- Thought Leadership: Engage and impact workforce with unique and effective plans.
- Leverage Digital: Make use of technological insights that can influence business.
XLRI has been consistently acknowledged for providing best HR analytics certification in India and across Asia-Pacific. London Business School has recognized XLRI for its research acumen. It is also ranked among top 5 research schools in India across various management and technical institutes. XLRI has also featured consistently among the top 5 business schools of the country. In year 2022 XLRI is ranked 1st under outlook iCare, 2nd by economic times and 8th under NIRF rankings
Anyone looking for building a career in HR Analytics or searching opportunities for salary hike in this field can enrol for HR analytics course, XLRI at reasonable cost offered in collaboration with Talentedge.com. Let us gather a few insights with a quick sneak peek at the salary slab in HR Analytics.
The table below shows the salary bracket of HR Analyst in India based on the years of experience.
| Level | Experience (in years) | Average Annual Salary (Rs.) |
| Entry Level | <1 year | 364K |
| Early Career | 1-4 years | 460K |
| Mid-Career | 5-9 years | 617K |
| Late Career | 10-19 years | 806K |
The average salary for a HR Analyst in India is 4.8 lakhs per year (~ Rs.40k per month). It starts from about Rs. 2.5 lakhs per year and can go up to Rs. 8.9 lakhs per year. The companies offering decent salary packages in India in the field of HR Analytics are as follows:
| Company Name | Average Salary (in Rs.) |
| Deloitte | 4, 94,000 |
| Accenture | 6, 35,000 |
| Byju’s | 5, 50,000 |
| Capgemini | 4L-16L |
| Walmart Global Tech | 5L |
| SecurDI | 3L-4L |
| Platform 3 Solutions | 5L |
| J.P. Morgan | 41T-44T |
| Getronics | 66T -71T |
| Aker Solutions | 7L |
The top paying cities for the job role of HR Analysts are as follows:
| City | Annual Salary (in Rs.) |
| New Delhi | 5.5 lakhs |
| Mumbai | 5.7 lakhs |
| Bangalore | 5.4 lakhs |
| Pune | 5.2 lakhs |
| Hyderabad | 5.1 lakhs |
Conclusion
While pursuing HR Analytics Course in India offered by XLRI will help in giving required exposure with the help of real-time projects in the organizations, make better people management decisions, gain relevant experience using SPSS through in-class illustrations, opportunity to work on analytical projects, and added benefit of choosing from packages such as SAS, Stata, R, MPlus, and MS Excel with add-ons etc.
More Information:
Guidelines For Formulating A Career In HR
How to Find Human Resources Job Opportunities?
How to grow your career in Human Resource Management in 2022?
What Role Do HR Certifications Play in Developing Long-Lasting Careers?