In a CIPD Ireland survey, only 28% of HR practitioners reported that they currently had analytics expertise within the HR function. HR analytics is the use of people data and analytics tools to understand work and the workforce, and measure and report on key aspects of HR activity, including performance management, engagement, and remuneration. For many organisations, this lack of access to data analytics is problematic as it is key to providing insights which inform strategic decision making.

The CIPD has developed new research exploring the value of the workforce and the role of analytics as a source of HR evidence. Human capital analytics and reporting: exploring theory and evidence brings together findings from two technical studies written for the CIPD by academic teams at Ulster University, and Loughborough and Leeds Universities. The CIPD’s report raises some important questions about how HR professionals understand the value of knowledge and skills, and how they use data and evidence to help drive effective decision-making.