HR Metrics and HR Analytics Master Course with Excel
INTRODUCTION
HR analytics makes use of data to enlighten HR procedures. It reveals key insights that inspire smarter decisions by analyzing numbers. This data-driven strategy improves recruitment, performance management, and employee satisfaction tactics, resulting in a more effective and aligned team. Unlike traditional HR, which is based on intuition, HR analytics is based on data. It replaces gut feelings with evidence-based insights. Rather than making assumptions, HR analytics employs concrete data to forecast trends, streamline processes, and build a more strategic and impactful HR function.
HR analytics taps into diverse data types; descriptive data covers demographics, while quantitative data measures performance. Qualitative data gauges sentiments via surveys. Metrics like turnover rates and engagement scores add depth. This mix helps HR comprehend trends, make informed decisions, and craft strategies that resonate with employees. Data-driven working and analytics skills have evolved significantly in the past five years. HR workers must learn to harness the power of data analytics to make more informed decisions.
This course is designed to educate the HR Manager on how to use Excel as a better tool for their Office work. The course addresses the topic of HR analytics with a hands-on and practical focus, dealing with the difficult topic of analytics for HR professionals, both statistical and computing points dimensions.
COURSE OBJECTIVES
By the end of the course, participants should be able to:
- Work with Excel formulas for analysis and visualization of HR Metrics
- Work with Excel for HR roles such as payroll management, risk management, and decision making
- Use MS Excel to create and automate the calculation of HR metrics
- Create HR Dashboards and understand all the charts that you can draw in Excel
- Implement predictive ML models such as simple and multiple linear regression to predict outcomes to real-world HR problems
- Use pivot tables filtering and sorting options in Excel to summarize and derive information out of the HR data
DURATION
5 Days
WHO SHOULD ATTEND
This training course is suitable for many professionals but will greatly benefit:
- HR Professionals
- General Managers
- Office Administrators
COURSE CONTENT
Introduction to Advanced Excel
- Introduction Excel shortcuts
- Understand various Excel setting
- Understand the Excel layout
- Fundamentals and numeric data
- Saving Excel in different formats
- Importing data into Excel
Advanced Excel Formulas and Macros
- Work with various advanced Excel data functions
- Learn how to work with arrays and lists
- Advanced logical formulas in Excel
- Advanced text formulas in excel
- Understanding the basics of VBAs and Macros
Types of HR Metrics
- Staffing Metrics
- Training and Development Metrics
- Performance Metrics
- Other Metrics
- Data and Problem statement
- Introduction to HR Charts and Dashboards
Excel Charts
- Excel Charts - Categories of messages that can be conveyed
- Elements of charts
- The Easy way of creating charts
- Bar and column charts
- Formatting charts
- Line Charts
- Area Charts
- Pie and Doughnut Charts
- Why we should avoid Pie charts
- Scatter plot or XY chart
- Frequency Distribution and Histograms
Mini Project- HR Dashboard
- Age Distribution
- Hiring source
- Gender distribution
- Department distribution
Pivot Tables, Formatting data and tables
- Pivot Tables
- Pivot Charts
- Formatting data and tables
- Named Ranges
- Indirect Function
- Shortcuts
The HR dashboard and Analytics for presentation and reports
- Pivot charts
- Formatting Pivot charts
- Introduction to data index and page layouts
- Work with predictive attrition and animated macro charts
- Understand the Vlookup and Hlookup analysis
- Learn BVG and leave analysis, FNF and Exit Analysis
- Learn how to group data and understand the Bradford Factor
- Learn the HR update and HR Update calendar
- Develop operational dashboards including business KPI’s
- Use pivot tables and pivot charts to efficiently perform automated report writing and analysis
Predictive Analytics - Introduction
- Linear Regression - Introduction
Basics of Statistics
- Types of Data
- Types of Statistics
- Describing data Graphically
- Measures of Centers
- Measures of Dispersion
Machine Learning -Introduction
- Introduction to Machine Learning
- Building a Machine Learning Model
Getting Data Ready for Regression Model
- Gathering Business Knowledge
- Data Exploration
- The Data and the Data Dictionary
- Univariate analysis and EDD
- Descriptive Data Analytics in Excel
- Outlier Treatment
- Identifying and Treating Outliers in Excel
- Missing Value Imputation
- Identifying and Treating missing values in Excel
- Variable Transformation in Excel
- Dummy variable creation: Handling qualitative data
- Dummy Variable Creation in Excel
- Correlation Analysis
- Creating Correlation Matrix in Excel
Creating Regression Model
- The Problem Statement
- Basic Equations and Ordinary Least Squares (OLS) method
- Assessing accuracy of predicted coefficients
- Assessing Model Accuracy: RSE and R squared
- Creating Simple Linear Regression model
- Multiple Linear Regression
- The F - statistic
- Interpreting results of Categorical variables
- Creating Multiple Linear Regression model
Mini Project - Linear Regression
- Introduction
- Data processing
- Preprocessing
- Results interpretation
- Prediction using LR
Methodology
The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.
CERTIFICATION
- Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate
TRAINING VENUE
- Training will be held at Macskills Training Centre. We also the training upon request at different locations across the world.
AIRPORT PICK UP AND ACCOMMODATION
- Airport pick up and accommodation is arranged upon request
TERMS OF PAYMENT
- Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com