Tracking HR data has many benefits for a company, including:
Informed, data-driven decision-making thanks to stats on your trends and employee performance
Optimized company performance since you can identify areas for improvement and make adjustments accordingly
Improved talent retention thanks to staff turnover and employee satisfaction indicators
More effective recruitment once you know the time required to fill a position, recruitment costs, and the quality of candidates hired
Better workforce management when you can anticipate staffing needs, such as for busier periods or slowdowns
Improved employee satisfaction as a result of surveying staff on needs, issues and well-being at work