What is Predictive Analytics in HR?
Predictive analytics in HR refers to the technology used for HR purposes which uses statistics and learns from existing data in order to predict future outcomes
Predictive analytics in HR definition
Predictive analytics in HR refers to the technology used for HR purposes which uses statistics and learns from existing data in order to predict future outcomes. It serves as a decision making tool.
In recruiting predictive analytics are used to analyze data from resumes, job descriptions, ATS and HRIS systems to predict various talent management outcomes.
Predictive analytics process
Predictive analytics involves a set of various statistical techniques used to predict outcomes. It looks at patterns in data to determine if those patterns are likely to emerge again, and analyzes their corelation to one another.
The given predictions can be very specific.