HRAC CE03 - Financial Literacy & Data Analytics for HR Professionals
This comprehensive course is tailored for those seeking to strengthen the financial literacy and analytical skills essential for strategic organizational development. Participants will begin to understand the importance of financial literacy in HR, gaining a greater comprehension of key financial documents such as statements, budget cycles, and tracking processes. Insights into the financial aspects of human resources management will be explored, equipping participants with the ability to analyze and interpret for informed decision-making.
Knowledge of data analytics and its valuable role in HR practice is introduced and explored. Participants will also receive an overview of internal and external key metrics, which are essential for assessing organizational performance. By the end of the course, participants will begin to understand the crucial role analytics links to HR strategies, enabling them to optimize HR processes and drive organizational success.
Learning Outcomes:
- Understand the importance of financial literacy as HR professionals
- Enhance comprehension of key financial documents including statements, budget cycles and tracking
- Gain insights into the financial side of people
- Develop your knowledge of data analytics and in importance in the HR profession
- Overview of key metrics including internal and external
- Understand how to link data to your HR strategy