Assignment Task
Session 1-2
Introduction to People Analytics. Role of People Analytics, People Analytics and Business Performance. People Analytics vs. HR Analytics
Role of research in people analytics, Research process: Steps in research process, Knowing the data characteristics: Levels of measurements: nominal, ordinal, interval and ratio variables; concept, constructs, types of variables: independent variable, dependent variable, mediating and moderating variables.
Descriptive analytics: Measures of central tendency and dispersion: mean, median and mode & variance, coefficient of variation, methods and interpretation.
Session 3-4: Statistical Analysis for People Analytics:
Case Study: Apturja Power Limited: Human Resources Analytics
Questions
1. What are the different types of metrics? Calculate the attrition rate, cost of hire and quality of hire.
2. Analyze the dataset provided with the case. Draw insights and provide recommendations and an action plan.
Session 5-6
Association between variables: correlation and regression, testing hypotheses, mediating and moderating effects, multiple regression – major assumptions, diagnosis, possible treatments,
Understanding the relationship between the HR variables and business performance. For example, determining HR and non-HR predictors of business performance. Using multiple regression analysis and mediation analysis.
Questions
1. Whether employee tenure is a driver of store-level financial performance?
2. How important tenure is in explaining financial performance, relative to site location factors?
3. How the relationship between tenure and performance varies with tenure level?
4. Based on this analysis, what kind of employee retention program can be recommended?