What Is The Importance Of Statistics To Hrm?


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Arianna Vaccaro answered
HRM is more commonly known as Human Resources Management. Just like in any other management setting, analyzing and collating statistics is hugely important to HRM as it helps it identify areas of weakness, areas where improvement is needed, employee satisfaction levels and training requirements.

The most common areas where HRM can use information gathered from statistics to make improvements and changes within the company, include the following:

• Compensation survey: This will help the HR team identify if compensation programs, such as pension schemes, are working or if areas need to be addressed. This will help them identify how many staff are involved on a pension scheme and will help them tailor the service to suit their needs.

• Employee satisfaction: By carrying out staff surveys and questionnaires the HR will be able to identify how happy and satisfied the employees feel within the workplace. This will help identify areas where more attention or investment is needed and may even help a potential problem from growing out of control.

• Training and support: By regularly asking staff if they feel they would like more training on a particular topic or asking them how effective they found their training, this will help the HR team make better plans for any future training. If something wasn't well received by the employees it needs to be changed for employees taking the training in future.

• Performance: This will help identify how productive teams are and how they are coping with workload. It may be able to help identify when and where new staff need to be hired, or even if staff need to be fired.

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