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What Is Workforce Analytics? Your 2024 A-Z Guide

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Most organizations are under-equipped to identify problem areas and potential solutions to their recruiting challenges. With average new hire turnover rates of 14%, companies clearly need better insights into organizational requirements and strategies.

Recent research by Deloitte found that 83% of the 924 companies surveyed globally had low workforce analytics maturity. In contrast, higher-maturity organizations use consistent data definitions, embedded reporting and analytical tools, and data integration capabilities to understand employee behaviors.

Contents
What is workforce analytics?
Types of workforce analytics
The benefits of workforce analytics
Workforce analytics metrics to track
Workforce analytics examples and use cases
Workforce analytics software
Workforce planning and analytics: HR tips
Workforce analytics

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