HR Analytics Software
Make Smarter Workforce Decisions with HR Analytics Software
Take the complexity out of HR analytics with technology that provides real-time insights and benchmarking. Make better decisions with data and easily create custom dashboards, perfect for sharing. Speak to a representative today, call 513-338-0399.
More than 50,000 businesses nationwide trust Paycor*
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Understand Your Business at a Deeper Level
Unleash the Power of Analytics Without the Complexity
According to a survey of more than 1,000 senior executives conducted by PwC, highly data-driven organizations are three times more likely to report significant improvements in decision-making compared to those who rely less on data. Paycor Analytics empowers HR Leaders with high-impact, easy-to-consume, real-time data insights so you can answer the right questions about your workforce and drive business results.
Simplified Analytics
You don’t have to be a data analyst. We serve up workforce data from across your Paycor platform and provide insights on headcount, resignations, retention, compensation, and more.
AI Analytics Assistant
Get instant insights into your workforce with Paycor’s AI assistant – ask HR and workforce management questions and receive immediate answers in natural language, no training required.
Organizational Insights
Paycor Analytics analyzes data to provide insights that directly impact your organization, including predicting employee resignations, turnover rates across departments, managers, and locations, monitoring pay equity, and more.
Plan Ahead with Real-time People Analytics Insights
74% of organizations believe HR technology is important but only 26% believe they are effectively using technology and analytics to improve their teams (Visier). Paycor Analytics gives HR leaders the ability to see the organization in new ways; offering insights and data-driven strategies needed to navigate labor shortages, low engagement, and economic uncertainty.
Employee Retention
Paycor Analytics offers easy-to-consume, real-time insights into your turnover data so you can predict who is likely to leave, why they’re leaving, and what you can do to make them stay.
Diversity & Inclusion
Explore the composition of your workforce with a comprehensive breakdown of headcount by gender and ethnicity. With benchmarks, you can see how your gender and minority ratios stack up to other Paycor customers in key industries.
Benchmarking
Leverage EEOC government data and other Paycor Analytics users for a robust data set that can be filtered and sorted across a host of parameters to see how you stack up with other businesses.
Simplify Workforce Planning with HR and People Analytics Software
Employee Turnover
Paycor Analytics spotlights which factors are likely to increase or decrease resignation across your organization so you can make changes and prevent employees from walking out the door.
Workforce Compensation
Paycor Analytics offers a detailed compensation breakdown to help you analyze total spend vs. budgeted amount, spend across your entire organization, and pay equity.
Predictive Resignation
Paycor’s AI-powered predictive resignation feature provides actionable insights from company data, including identifying at-risk employees, factors driving resignation risk, expected resignation across organizations and locations, and the probability and extent of turnover in the next 12 months.
Leave Management
Discover the magnitude of absences and its impact on productivity and overtime across your business. Drill down into absences by location, department or employee groups.
Industry Analytics
Get data based on your industry so you can compare turnover rates and other key metrics to market benchmarks.
Homepage Customization
Create a collection of favorite charts and graphs that can be easily viewed in one location and shared with members of your business.
Why 30,000+ Businesses Trust Paycor
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We love to partner with the third-party apps your business currently uses and introduce you to our network of cutting-edge solutions. Explore our Marketplace to find the right fit for your business.
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Point of Sale
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Global Payroll
Advanced Scheduling
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Tailored to Your Industry
The Paycor Difference
“I was recently in an executive team meeting discussing headcount trends and turnover. One of our executives asked about turnover by tenure. I was able to quickly click on a filter in Paycor Analytics and the data populated in an easy-to-read-graph for everyone to see.”
– Lytia Watson, Vice President of Human Resources, Deceuninck North America
HR Analytics Software FAQs
What is HR analytics software, and how does it benefit businesses?
HR analytics software gives you powerful, actionable insights into your HR metrics. Data is just a starting point; analytics software empowers you to make better decisions about hiring, benefits, compensation, and other HR issues
What types of data insights does HR reporting software provide?
HR reporting software provides a wealth of data insights, including workforce demographics, voluntary vs. involuntary turnover rates, time-to-hire metrics, DE&I initiatives, salary comparison, compensation planning, and more.
How is analytics used in HR?
With analytics, HR leaders can analyze how a variety of variables (work location, manager, role, department) impact certain outcomes like turnover, job satisfaction and more. These outcomes will help leaders predict future outcomes and create strategies to improve business processes. (SHRM)
What are the best HR analytics?
The best analytics for HR are strategic and predictive analytics. These allow you to review the current state of the organization to predict and plan for the future.
What are the advantages and disadvantages of HR analytics?
Analytics provides deeper insights in your data so you can pinpoint trends and identify potential problem areas.
Advantages include:
1. Using data to answer your most pressing questions
2. Having data integrity to plan for the future
3. The organizational impact from insights
The disadvantages of analytics are:
1. Users feeling intimidated by an abundance of data
2. The perception that you need to be a data scientist to use HR analytics
How does benchmarking with HR analytics tools work?
Benchmarking compares your company’s HR data to industry averages or data from similar organizations. This process helps businesses stay competitive.
How can People and HR analytics tools improve employee retention?
HR analytics software analyzes data on employee satisfaction, engagement, and performance to pinpoint areas for improvement. This process empowers leaders to address personnel issues before they become major problems.
How secure is the data in Paycor’s HR and people analytics tool?
Data security is a top priority at Paycor. We use robust security measures to protect our customers’ sensitive data, including encryption, risk assessment protocols, and compliance with industry standards like the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).
HR Reporting Resources
The HR COE is an action plan based on Paycor’s proprietary data and research. Think of it as your roadmap to achieving HR excellence in talent management, workforce management, benefits and the employee experience.
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