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FP20 Analytics April 2024 Challenge

Report Author: Ugochukwu Nwasuruba

89

HR Data Analysis: Workforce Insights

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Report submitted for FP20 Analytics ZoomCharts Challenge 15 (April 2024). The report was built with the HR Analysis dataset and includes ZoomCharts custom Drill Down PRO visuals for Power BI. 

Author's description:
This analysis focuses on understanding the composition and trends within the organization's workforce. Key areas of investigation include:
Headcount and Retention: This analysis examines employee headcount levels and compares them to retention rates. It aims to identify trends in employee growth, turnover, and potential areas for improvement in retention strategies.
Salary and Compensation: The analysis explores salary distribution across various factors like department, job title, ethnicity, and gender. This helps identify potential pay gaps and ensure fair compensation practices.
Workforce Diversity: This aspect delves into the diversity of your workforce across ethnicity, gender, departments, and job titles. It helps assess how well your workforce reflects the broader demographics and identify areas where diversity can be improved.
Age Demographics: The analysis examines the age distribution within your workforce and how age groups correlate with factors like retention, salary, and job titles. This can reveal insights into workforce experience levels, potential skills gaps, and future talent needs.
Overall, this HR data analysis aims to provide valuable insights into your workforce composition, compensation practices, and potential areas for improvement. It helps build a data-driven understanding of your human resources and can inform strategic decision-making for talent acquisition, retention, and development.

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