BN4001 Human Resource Analytics Syllabus:
BN4001 Human Resource Analytics Syllabus โ Anna University PG Syllabus Regulation 2021
OBJECTIVES:
โข To develop the ability of the learners to define and implement HR metrics that arealigned with the overall business strategy.
โข To know the different types of HR metrics and understand their respective impact and application.
โข To understand the impact and use of HR metrics and their connection with HR analytics.
โข To understand the common workforce issues and resolving them using people analytics.
UNIT โ I INTRODUCTION TO HR ANALYTICS
HR analytics โ People Analytics : Definition- context โ stages of maturity โ Human Capital in the Value Chain : impact on business. HR Analytics vs HR Metrics โ HR metrics and KPIs.
UNIT โ II HR ANLYTICS I: RECRUITMENT
Recruitment Metrics : Fill-up ratio โ Time to hire โ Cost per hire โ Early turnover โ Employee referral hires โ Agency hires โ Lateral hires โ Fulfillment ratio- Quality of hire- Recruitment to HR cost โ Recruitment analysis.
UNIT โ III HR ANALYTICS โ TRAINING AND DEVELOPMENT
Training & Development Metrics : Percentage of employee trained- Internally and externally trained โ Training hours and cost per employee โ ROI โ Optimising the ROI of HR Programs -Training and Development analysis.
UNIT โ IV HR ANALYTICS EMPLOYEE ENGAGEMENT AND CAREERPROGRESSION
Employee Engagement Metrics :Talent Retention โ Retention index โ Voluntary and involuntary turnover- Turnover by department , grades, performance, and service tenure โ Internal hired index โ Engagement Survey Analysis.
Career Progression Metrics : Promotion index โ Rotation index โ Career path index โ Level wise succession readiness index.
UNIT โ V HR ANALYTICS IN WORKFORCE DIVERSITY AND DEVELOPMENT
Workforce Diversity and Development Metrics : Employees per manager โ Workforce age profiling โ Workforce service profiling โ Churnover index โ Workforce diversity index โ Gender mix โ Differently abled index- Revenue per employee โ Operating cost per employee โ PBT per employee โ HR cost per employee- HR budget variance โ Compensation to HR cost.
TOTAL: 45 PERIODS
COURSE OUTCOMES:
โข The learners will be conversant about HR metrics and ready to apply at work settings.
โข The learners will be able to resolve HR issues using people analytics.
REFERENCES:
1. JacFitzenz , The New HR Analytics, AMACOM , 2010.
2. Edwards M. R., & Edwards K, Predictive HR Analytics: Mastering the HR Metric. London: Kogan Page.2016.
3. Human Resources kit for Dummies โ 3 rd edition โ Max Messmer, 2003
4. Dipak Kumar Bhattacharyya, HR Analytics ,Understanding Theories and Applications, SAGE Publications India ,2017.
5. Sesil, J. C. , Applying advanced analytics to HR management decisions: Methods for selection, developing incentives, and improving collaboration. Upper Saddle River, New Jersey: Pearson Education,2014.
6. Pease, G., & Beresford, B, Developing Human Capital: Using Analytics to Plan and Optimize Your Learning and Development Investments. Wiley ,2014.
7. Phillips, J., & Phillips, P.P, Making Human Capital Analytics Work: Measuring the ROI of Human Capital Processes and OUTCOME. McGraw-Hill,2014. HR Scorecard and Metrices, HBR, 2001.