HR Metrics - Tools to Compile Data Flashcards
HR Analysis in Excel
Query
RQ from data that filters & formats information from a spreadsheet/database.
HR Analysis in Excel
Sorting
Arranging data in a specific order (alphabetical, lowest to highest, etc.)
HR Analysis in Excel
Filter
Looking for specific data from a location or department.
HR Analysis in Excel
VLOOKUP
Excel formula used to filter through data to reveal specific information from two columns and displays it as one.
HR Analysis in Excel
Pivot Table
Summarization tool that can sort, count, and sum up data stored in tables and display it via. interactive fields and filter buttons.
Statistical Applications Used for HR
- R
- Python
- Power BI (business intelligence)
- Tableau
- Excel
Evidence-Based Decision Making
Identifying strats and solutions to HR problems using empirical data.
- Gives more credibility to a decision made by HR.
- Collaborative effort - increases communication w all leadership.
HRIS (Human Resource Information System)
Designed to help HR professionals carry out the daily functions necessary for the company.
Reliability
Refers to if a measure is consistent and repeatable.
Validity
If an instrument measures what it’s supposed to measure.
Qualitative Data
Data that is categorical and typically non-numerical; based off observations, interviews, etc.
Quantitative Data
Data that is numerical & statistics-driven - derived from surveys and other quantifiable media.
Descriptive Statistics
Summarizes characteristics of a data set.
- Mean, median, mode - variance or SD.
Inferential Statistics
Test hypothesis/make inferences about a larger population based on studying a sample of that population.
- Try to test how dif. variables relate to the larger population.
Employee Engagement Survey
An empirical way to analyze an employee’s experience - also allows for open & honest feedback.