How human resources
helps human resources build
employee retention strategies
Big Data: the key to retaining talent in companies and improving productivity.
6 uses for Human Resources departments to get the most out of data analysis.
It is no longer news that Big Data has managed to demonstrate its effectiveness and usefulness in all industries and sectors, reaching areas as diverse as the economy, the environment, or health.
In Shapelets we believe that data is one of the great values that companies have, as its analysis allows them to obtain specific and detailed information on a particular issue, business, or problem; improve decision-making and reduce costs, find new solutions in response to real market or social demands, or increase business efficiency, among many other things.
If we focus on the business environment, Big Data can be applied to any area of business today, including departments such as talent management. By applying data analysis to this department, we allow companies to improve engagement with talent, such as getting to know their employees better, controlling differences and gaps that may occur such as salaries, knowing the compensation that provides the most benefits, or discovering the degree of motivation of the team.
In addition, using Big Data in combination with Artificial Intelligence in Human Resources brings value to businesses, as the results help companies to improve the relationship with their employees, predict risks or optimize the search for candidates in recruitment processes, among many other advantages.
Thus, to successfully apply Big Data and Artificial Intelligence in the areas of talent management, Shapelets has gathered six uses with which to make the most of data analysis:
Finally, we wanted to highlight that the applications of Big Data combined with Artificial Intelligence in Human Resources departments are countless. Applying these technologies will help to be more efficient, reduce costs and make more accurate predictions.
Do you want to learn more about Big Data benefits for companies? Check out how Big Data has helped ECommerce businesses boost sales.
Daniel is a Data Engineer for Shapelets. He is an integral part of the back-end development team, where we develop a high-quality platform ensuring the best product design with valuable functionalities for data scientists. Daniel supports the team with his diverse background in Software Engineering.