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What is HR Dashboard & HR Report?

It's time to go beyond visualization and reporting. HR management is not only about hiring employees. It majorly contributes to recruiting, pleasing, and retaining employees in your organization. HR dashboards and reporting will offer just that. Both actions are essential for HR to make the right decisions and to help the employers or stakeholders to better understand their organization. Modern interactive dashboards use an HR analytics platform that makes it easy to combine data from any system and enter that data directly into a dashboard. This allows HR departments to quickly acquire information for bettering the recruitment process, simplify workplace management and improve business efficiency.

Key Functions of HR Dashboards

The best HR dashboards do much more than just report, track KPIs, and visualize data. Here’s what they do:

• Fully interactive: Explore and analyze your data with advanced data analytics right from your dashboard.
• Any data sources: Easily combine and analyze data from all human analysis systems and applications, including HCM, payroll, regulatory compliance, recruitment, training, and business challenges. Get insights into your data and learn how to properly use it for your benefit.
• Automatic alerts and reports: Set up HR dashboards to regularly share with key stakeholders and send alerts based on KPIs.
• Mobile Optimized: Explore dashboards with fully interactive cloud analytics and touch screen customization from any mobile device for ease of operation from anywhere.
• Hassle-free data prep: As part of a modern HR analytics platform, interactive HR dashboards can help improve relationship management by reducing data preparation time and spending more time on employee identification, development, compensation, hygiene, and work style.

Key Functions of HR Reports

The HR dashboard is the most efficient way to monitor, manage, track and report. You can use these business intelligence tools to track, analyze, and report on HR Key Performance Indicators (KPIs). HR reporting is one of the most important tasks of the HR department. If done right, there are many benefits to staff and management.

Providing Employee Information: HR reports also help managers do their jobs better where they get first-hand information about the development of the team and related departments. For instance, if the marketing department experiences high volatility and long working hours, managers are more likely to retain employees and become aware of additional tasks such as increased working hours.

Monitoring: Regular reporting allows the HR department to review and monitoring key employee metrics. Find new trends and opportunities early on and tackle new problems before they have a significant impact on your business.

Tracking Pain Areas: HR reports are a great way to analyze employee KPIs and identify key pain areas. These reports foster an awareness of employee performance, de-motivation, productivity, leaves, interests, and much more. By identifying problem areas, HR can think of ways to improve the performance of the employee and thus, retain that employee.

Types of HR Dashboards

Gender Salary Compensation Dashboards

HR staff can use interactive dashboards to enter data and analyze variables. In such dashboards, average salaries are compared by gender and grouped by management positions, employee tenure, and country. This helps them to offer salaries to women and men as per their skill set and maintain equality in the organization.

The ability to provide a flexible and top-notch HR dashboard is just one way that sets the workforce data analysis in place. MyDash’s unique associative analytics gives people of all skill levels the freedom to explore data, learn more about employees working in the organization and find better insights. MyDash can be used by HR executives to help everyone in the company make better decisions every day.