Benefits and Challenges of Adopting HR Analytics: A Comprehensive Review
Ramsha Khaliq *
Mahatma Gandhi University, Nalgonda, Telangana, India.
B. Saritha
Faculty of Commerce and Management Studies, Mahatma Gandhi University, Nalgonda, Telangana, India.
*Author to whom correspondence should be addressed.
Abstract
Human Resource (HR) Analytics has emerged as a powerful tool for organizations to leverage their workforce data and make informed decisions to drive organizational success. This research paper aims to explore the benefits and challenges associated with the adoption of HR Analytics. By examining existing literature and case studies, we present a comprehensive review of the advantages that organizations can gain from implementing HR Analytics, along with the potential obstacles and limitations they may encounter. The paper also discusses the implications of HR Analytics adoption on various HR functions and provides recommendations for successful implementation. By conducting a comprehensive analysis of the benefits and challenges associated with the adoption of HR Analytics, this research paper aims to provide organizations with a deeper understanding of the potential advantages and considerations they need to address. By implementing effective HR Analytics strategies, organizations can unlock the full potential of their workforce and gain a competitive advantage in today's rapidly evolving business landscape.
Keywords: HR analytics, benefits, adoption, data-driven decision-making, talent acquisition, recruitment, employee engagement, retention, workforce planning, performance evaluation, succession planning, strategic HR management