How to be a data driven HR team

Everyone is talking about being “data driven” in HR. But few teams are actually doing it. Successful businesses understand their data. They get insights to make decisions. And they do it quickly. It’s no different for HR. It is more important than ever for HR to think strategically and get the data they need to support the business.

Yet, most organizations are still operating with fragmented HR systems, outdated spreadsheets, and guesswork. But don’t worry, there is SO much tech out there to help us.

At Stakkd we see a lot of tech, and one of our partners, peopleIX, kindly let us behind the scenes to see just how easy it is for HR to become data driven.

We know that most HR teams are running blind. They’re drowning in HR data but also struggling to make sense of it. They rely on intuition instead of insights. And they wait until it’s too late. Then top talent walks out the door, absenteeism spikes, or diversity efforts fall flat.

This isn’t just inefficient; it’s costing companies millions.

That’s why HR needs to get fast at data processing and so you can see insights and make decisions quickly. peopleIX does this. Having a system like this takes away the guesswork and enables data driven decisions. Not convinced that you need a People Analytics system like peopleIX? 

Here’s the type of things you can do when you have the data and insights available in real-time.

(No team alone will be able to process the data at the speed a system can.)

1. Tackle Attrition Before It Happens

Attrition costs businesses billions every year, and yet, much of it is avoidable.

Losing employees isn’t just an inconvenience, it’s a financial black hole. Replacing an employee will cost you, not to mention the hit to team morale and productivity.

Tools like peopleIX can predict who’s at risk of leaving and why, using data points like tenure, salary trends, engagement levels, and performance indicators. Without this insight, you’re left reacting too late, spending time and money replacing employees when you could have kept them in the first place.

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2. Absenteeism: The Silent Productivity Killer

Absenteeism is more than just a number, it’s an indicator of underlying organizational issues. Whether due to sickness, disengagement, or personal reasons, every unplanned absence affects your team performance. The challenge is to identify and understand the patterns before they lead to significant losses.

Without insight into absenteeism trends, businesses can’t optimize productivity or address root causes. Unchecked absenteeism can snowball, affecting entire teams and departments, ultimately lowering performance and engagement.

But most companies don’t have a clear picture of why absenteeism happens or how to fix it.

You can see below how peopleIX identifies absenteeism trends before they turn into larger issues. 

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3. Drive Real Change with DEI Insights

Diversity, Equity, and Inclusion (DEI) isn’t just a buzzword, it is critical for businesses to understand and take action on it.

The numbers speak for themselves:

• Companies with diverse teams see 35% better financial performance.
• Inclusive cultures see 5.4x higher employee retention.
• Employee satisfaction is up to 30% higher when equality is actively promoted.

Yet, most organizations struggle to track and improve DEI efforts effectively.

peopleIX can track DEI metrics easily. The platform provides actionable insights into diversity gaps, pay gaps, inclusivity levels, hidden biases and how they relate to employee satisfaction and retention.

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Conclusion: Why would you not invest in a People Analytics system?

The workforce challenges facing today’s organizations are complex and require real-time data to tackle them effectively and reduce the negative cost impact of being too slow to identify issues.

HR has long been seen as an operational function and reactionary. Getting a system like peopleIX helps turn HR into a data-driven business driver - what we are all aiming for!

Let’s start making smarter business decisions, enhance productivity, and drive long-term success. Gone are the days where you need a large people analytics team working for months to get insights. There really are just so many benefits and opportunities for business when data is quickly accessible.

Want to know more about peopleIX? You can find out more on Stakkd or reach out to them directly!