James Cook University Subject Handbook - 2024

LB5404 - HR Analytics and Decision Making

Subject Description

This course builds upon human resource management foundation concepts and utilizes HRIS and analytics for more effective decision making. Managers will learn to align HR metrics to attain organisational goals and objectives. Topics include data analysis and interpretation, balanced scorecards, forecasting and projections, quantitative analysis including calculating HR ratios and returns, HR metrics and benchmarking, and evaluating HRIS to meet organisational needs.

Learning Outcomes

• develop and apply HR metrics and balanced scorecards using organisational data and HRIS (record, maintain, retrieve, analyse) databases for benchmarking, goal-setting and planning to support strategic decision making
• evaluate and make recommendations on the appropriate HRIS to meet organisational human resource management needs and personnel decisions
• analyse and interpret trends and indicators using statistical methods for making forecasts and projections

Subject Assessment

• Written > Examination (centrally administered) - (30%)
• Oral > Presentation 1 - (40%)
• Participation > Class participation - (30%)

Note that minor variations might occur due to the continuous subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.

Assumed Knowledge:  Introductory human resource management (HRM) Statistics

Availabilities