HR is sitting on a gold mine of data. But there’s a problem—HR professionals aren’t data scientists and they often lack the support, resources, and budget needed to make sense of the data, let alone measure its financial impact.
Paycor reviewed proprietary data from nearly 3,000 customers and found that many standard HR and recruiting metrics are tactical, in that they track project management, or, at most, basic dollar-in, dollar-out cost analysis. The most successful HR teams map people management metrics to business outcomes.
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