State of People Analytics 2023-2024 Report

The document is a research report titled 'HR.com’s State of People Analytics 2023-24', which presents findings from a survey conducted between June and July 2023 involving 268 HR professionals across various industries. The report outlines the current state of people analytics within organizations, highlighting that only 22% of respondents believe their organizations are very or extremely effective at utilizing people analytics. It discusses the challenges faced in integrating systems and data, with only 23% of organizations frequently combining HR data with business data. The report also identifies key areas where people analytics is applied, such as recruitment, retention, and diversity initiatives. Furthermore, it notes that while many organizations recognize the importance of people analytics, there is a significant gap in effectively implementing insights derived from data. The report concludes that despite improvements over the past two years, organizations still have considerable work to do to maximize the value of their people analytics efforts.