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At Plum, we believe in the power of HR analytics to drive business success. To help, we've compiled a list of the best HR analytics books to help you stay up-to-date on the latest trends and best practices in this rapidly evolving field.
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Top 10 HR Analytics Books to read in 2024
1. HR Analytics: Quantifying the Intangible: Linking People, Processes and Analytics
Author: Anshul Saxena
Editors: Sharad Gupta, Kirupa Priyadarsini, Jayant Mahajan, Jerin Jose
About the Book
This book is primarily aimed at management students at the undergraduate and postgraduate levels, as well as enthusiasts who possess a fundamental understanding of HR and wish to delve further into the topic. Readers will gain a deeper understanding of key HR analytics metrics, KPIs, and the procedures involved in hiring and employee engagement. The book also clarifies various terminologies and explores the application and advantages of analytics in HR processes.
2. The Practical Guide to HR Analytics: Using Data to Inform, Transform, and Empower HR Decisions
Authors: Shonna D. Waters PhD, Valerie Streets, Lindsay McFarlane, Rachael Johnson-Murray
About the Book
This guide offers a comprehensive exploration of a practical approach to leveraging data to address real HR challenges. It simplifies the complex world of analytics with clear instructions and suggestions. The wisdom shared in this book will aid HR professionals in sidestepping common mistakes, enhancing their data presentation skills through visualization and storytelling, among other valuable insight
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3. Data-Driven HR: How to Use Analytics and Metrics to Drive Performance
Author: Bernard Marr
About the Book
"Data-Driven HR" serves as a hands-on guide, enabling HR professionals to realize the potential of the readily available data. It outlines strategies to identify the most valuable data sources, collect information transparently, and transform this data into actionable insights. This book signifies a pivotal moment for the HR profession.
4. Excellence in People Analytics
Authors: David Green, Jonathan Ferrar
About the Book
"Excellence in People Analytics" is a comprehensive guide that empowers business and HR leaders with the knowledge needed to extract value from people analytics. It encapsulates the authors' decade-long experiences and insights in this field, shared through personal anecdotes and stories.
As a practical handbook, it delineates the process of generating sustainable business value through people analytics and fostering a data-driven culture within HR.
Moreover, "Excellence in People Analytics" provides CHROs, senior HR, and business executives with the necessary tools to make a real impact while navigating the rapidly changing landscape of work. Notably, this book includes 30 fresh case studies from industry leaders such as Microsoft, HSBC, Syngenta, Capital One, Bosch and Uber.
5. People Analytics for Dummies
Author: Mike West
About the Book
Data plays a pivotal role in making informed decisions on a range of issues, from team location to process optimization, performance enhancement, and employee engagement. This book serves as a compass for HR professionals embarking on their journey into the realm of people analytics. It guides them in data collection and analysis, and in applying their findings to foster a more content and engaged workforce. If your HR strategy prioritizes retaining top talent and addressing workforce challenges, "People Analytics For Dummies" simplifies the process for you.
6. Predictive HR Analytics: Mastering the HR Metric
Authors: Dr. Martin Edwards, Kirsten Edwards
About the Book
HR metrics and employee data within an organization are treasure troves of insights, instrumental in identifying trends and making data-driven business decisions. However, HR professionals often find themselves lacking the necessary statistical and analytical skills to fully harness the power of this data. "Predictive HR Analytics" offers a lucid, easy-to-understand framework for comprehending and working with people analytics and sophisticated statistical methods.
7. Redefining HR: Transforming People Teams to Drive Business Performance
Author: Lars Schmidt
About the Book
"Redefining HR" offers a fresh perspective on the transformation of HR and People Operations. It serves as a comprehensive guide for practitioners looking to understand the key elements of modern HR. The book lays out a robust framework of forward-thinking concepts and practices for people leaders and business executives. Core HR practices, such as diversity and inclusion, learning and development, among others, are exemplified through case studies from industry leaders like Hubspot, Reddit, Stripe, Mastercard, Eventbrite, VaynerMedia, and Asana.
8. Predictive HR Analytics, Text Mining & Organizational Network Analysis with Excel
Author: Mong Shen Ng
About the Book
This book empowers HR professionals to harness the advanced capabilities of analytics without the need to learn programming languages. Instead, readers will be guided on how to utilize Microsoft Excel, implement text mining practices, and conduct organizational network analysis, all through easy-to-follow instructions accompanied by screen-print visuals.
9. Introduction to People Analytics: A Practical Guide to Data-driven HR
Authors: Nadeem Khan, Dave Millner
About the Book
Whether you're delving into data discovery within an organization, data collection and analysis, or exploring its application areas, "Introduction to People Analytics" is a must-read. This book is packed with case studies and insights from thought leaders at NHS, British Heart Foundation, Experian, AstraZeneca, and other leading companies that have adopted people analytics, leading to enhanced employee engagement, improved performance, and cost reduction. The book illustrates how and where HR analytics can create a significant impact on organizations and offers pragmatic advice on integrating analytics into HR processes.
10. People Analytics. Data and Text Analytics for Human Resources
Authors: Eduardo Valencia, Marisa Echarri, Regina Salcedo, Thomas Mosley
About the Book
This book is the brainchild of authors who have extensive experience working with analytics and data in HR departments, as well as providing consultancy and training in this field. As such, it serves as a comprehensive practical guide to people analytics. Readers will discover how to leverage data and analytics tools to make informed decisions that enhance employee management within an organization. If you envision your future role as an HR analyst or a strategic senior management partner, this book is an excellent starting point.
Conclusion
In conclusion, HR analytics is a critical component of HR that can help organizations make data-driven decisions that impact their overall success. Reading up on the latest trends and best practices can help HR professionals stay up-to-date and improve their skills.
The books listed above cover a wide range of topics, from the basics of HR analytics to more advanced techniques and strategies. By taking the time to read and learn from these resources, HR professionals can gain the knowledge and skills they need to leverage HR analytics in their organizations effectively.
Whether you're just getting started with HR analytics or looking to take your skills to the next level, these books are an excellent resource to have on hand. So why not add them to your reading list today and start learning?
FAQ
Q. How do HR analytics directly impact employee satisfaction and retention?
A. HR analytics play a crucial role in understanding what drives employee satisfaction and retention. By analyzing data on employee feedback, engagement levels, and turnover rates, organizations can pinpoint areas for improvement. For example, analytics might reveal a need for better career development opportunities, leading to targeted programs that boost satisfaction and retention. Therefore, HR analytics not only inform but also shape strategies to create a more fulfilling workplace.
Q. Can small businesses or startups with limited resources effectively implement HR analytics?
A. Yes, small businesses and startups can leverage HR analytics, even with limited resources. Many tools and software are designed to be user-friendly and cost-effective, catering to smaller scale operations. These businesses can start with basic analytics, focusing on key metrics like employee turnover and engagement. Over time, as they grow, they can adopt more sophisticated analytics practices. Therefore, HR analytics is accessible and beneficial for companies of all sizes, helping them make informed decisions to drive growth.
Q. What are the ethical considerations of using HR analytics, and how do these books address them?
A. Ethical considerations in HR analytics include ensuring privacy, obtaining consent, and protecting employee data. While the listed books provide a comprehensive guide on utilizing HR analytics for business success, they also stress the importance of handling data responsibly. Ethical HR analytics practices involve being transparent about data collection methods, using data to positively impact employees, and safeguarding sensitive information. Thus, these books advocate for a balanced approach, where data-driven insights are gathered and used ethically to benefit both the organization and its employees.
