Here are four examples of how Big Data and Data Analytics can be used in HRM. Flip the cards to see the applications
According to The Wall Street Journal, the company Xero used big data to determine why employees stay as well as leave and using that data, it minimized attrition rate by 20% during a 6-month trial period. The trial was conducted on its call centre of 48,700 employees. So, the reduction in attrition of 20 per cent reduced staff churn by over 9,000 in just 6 months.