Using Data to Make Decisions: HR Analytics' Role in Hospital Human Resource Management

Bai Yang; Srikrishna Banerjee

doi:10.36948/ijfmr.2024.v06i06.31721

Using Data to Make Decisions: HR Analytics' Role in Hospital Human Resource Management

Author(s)	Bai Yang, Srikrishna Banerjee
Country	China
Abstract	In the modern age of data-driven decision-making, human resource management in hospitals is seeing a significant transformation with the use of HR analytics. This paper analyses the essential function of HR analytics in enhancing workforce management in hospitals, emphasising its influence on strategic workforce planning, recruiting, employee engagement, retention, and performance management. HR analytics utilises data aggregation, statistical methodologies, and predictive insights to tackle issues such as elevated turnover rates, ineffective recruiting strategies, and productivity inconsistencies. Through the analysis of staffing trends, applicant data, and employee feedback, hospitals may improve recruiting techniques, anticipate staffing requirements, and discern engagement factors. The report emphasises how HR analytics facilitates focused retention strategies, including career development programs, and enhances overall employee happiness and performance. The findings demonstrate its efficacy in diminishing turnover expenses, augmenting retention rates, and optimising resource distribution to improve patient care and organisational efficiency. Nonetheless, problems like data privacy, ethical considerations, and infrastructural necessities must be resolved for effective adoption. This essay highlights the revolutionary potential of HR analytics in hospital human resource management and advocates for more study on its long-term effects and optimal practices. Through the integration of analytics, hospitals can cultivate a sustainable, engaged, and high-performing staff, hence enhancing healthcare results.
Keywords	Workforce planning, Employee engagement, HR analytics, Talent retention, Data-driven decision-making
Published In	Volume 6, Issue 6, November-December 2024
Published On	2024-12-13
Cite This	Using Data to Make Decisions: HR Analytics' Role in Hospital Human Resource Management - Bai Yang, Srikrishna Banerjee - IJFMR Volume 6, Issue 6, November-December 2024. DOI 10.36948/ijfmr.2024.v06i06.31721
DOI	https://doi.org/10.36948/ijfmr.2024.v06i06.31721
Short DOI	https://doi.org/g8wkp5

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Using Data to Make Decisions: HR Analytics' Role in Hospital Human Resource Management

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