Predictive analytics show potential for employee retention and recruitment: Predictive analytics show potential for employee retention and recruitment

Analytics can be used for a wide variety of business data. They can be used to track payroll, benefits enrollment, growth projection and even potentially predict the growth or longevity of employees within a company.

The use and influence of workforce analytics, also known as ?big data,? is experiencing a transformative revolution. Analytics have a growing impact on the future composition of the workforce, HR and talent management and overall business strategy that will be evident in the next five to 10 years, according to a recent EIU and SHRM Foundation report.

Beth McFarland, director of the SHRM foundation, says predictive analytics will likely attract increasing attention over the coming years, within two areas in particular: employee retention and recruitment.

?What administrators can do with predictive analytics is get a sense of which employees are likely to leave,? McFarland...