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10 Best HR Analytics Software For Actionable Workforce Data [2023]

The Best HR Analytics Software

Here’s the list of the best HR analytics tools that I’ll cover in this article.

  1. Deel

    Best for analyzing a distributed workforce

  2. Paycor

    Best for analyzing engagement and retention initiatives

  3. Papaya Global

    Best for tracking equity of gender, age, and pay

  4. PerformYard

    Best for performance management analytics

  5. Leapsome

    Best for employee engagement forecasting

  6. Sage HR

    Best for strategic goal tracking

  7. Qualtrics Employee Experience

    Best for employees surveys

  8. Visier

    Best for customizable reports

  9. Humantelligence

    Best for culture analytics

  10. ZeroedIn

    Best for collecting qualitative and quantitative feedback

An optimized HR management team has been shown to contribute positively to business performance; but how do you show—and continuously prove—that value to your company? HR analytics software is one way to do this.

HR analytics software enables your team to track data around things like performance, attendance, workforce costs, and labor needs so that you can predict future trends and hire when appropriate. A comprehensive analytics tool can help with multiple HR processes, such as recruitment, training, talent management, turnover, and performance management. 

Read my review to discover the best tools you can use for HR analytics, along with a brief explanation of what made me choose these platforms over their competitors. My review includes a short description of each software plus screenshots and a handy comparison chart to help you determine which tool is best for your needs.

Comparison Criteria

What do I look for when I select the best HR analytics platforms? Here’s a summary of my evaluation criteria: 

  1. User Interface (UI): Your HR team should be able to navigate the software with ease and perform their tasks without getting lost in menus.  
  2. Usability: Your HR team should be able to use the basic functions with minimal training and understand the tool’s more complex functions after a short onboarding process. 
  3. Integrations: I look for tools that integrate with your core HR software as well as whatever you use for scheduling and project management, enterprise resource planning, payroll and compensation, and benefits distribution. 
  4. Value for $: I look for tools that offer multiple helpful features for HR teams, so you will get a good return on your investment. 

HR Analytics Software: Key Features

  1. Workforce analytics: Workforce analytics is a crucial feature for HR teams because it helps them collect data on performance measurement. 
  2. Employee turnover forecasting: The analytics tool should help your HR team track the churn rates of your employees to help prepare the organization for future exits.
  3. Recruitment analytics: HR teams should be able to identify the channels that offer good candidates and high recruitment rates.
  4. Actionable insights: A great HR analytics tool should offer your team actionable insights based on the data it collects. 
  5. Reporting: Your team should be able to create custom reports based on the data the software collects. 

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Overviews Of The 10 Best HR Analytics Software

Here’s a brief description of each HR analytics software solution to showcase each tool’s best use case, some noteworthy features, and screenshots to give a snapshot of the user interface. 

1

Deel

Best for analyzing a distributed workforce

Deel is a global employment platform that enables hiring in over 150 countries. It allows you to hire anyone as a contractor or employee without worrying about local laws, complicated tax systems, or international payroll. You can manage contracts, invoices, and equipment, giving you more insight into your HR department’s performance.

Deel has launched several new offerings over the past year, including global payroll and integrated Slack tools. The Slack plugins can be used to give your organization an accessible organizational chart, self-service PTO management, and even referral tracking. Their UI is intuitive and easy to use, with actionable reporting that helps in making decisions about where to allocate your resources.

The platform has several integrations allowing you to import and export HR data between many popular accounting and reporting software solutions. Current integrations include NetSuite, Xero, Ashby, and Greenhouse. The company also has an Open API solution that allows developers to build their own interfaces on top of the Deel platform.

I chose Deel for the best all-around solution for global teams. Its integrated platform simplifies HR for teams that have contractors and employees spread across the world. Its analytics features come standard with any new team member.

Deel offers flat pricing upon request, as well as a free demo.

Free demo available

From $49/user/month

2

Paycor

Best for analyzing engagement and retention initiatives

Paycor is an extensive HR analytics software that uses data from payroll, attendance, and benefits to give insights into workforce trends, which can be used to improve HR decision-making, identify training and development needs, and track employee engagement. Paycor offers various visualization tools to help users transform complex data into a more understandable concept. Users can quickly identify trends, benchmark performance, and make informed decisions about their HR strategy. Its visualization tools allow users to share data with colleagues and decision-makers in a format that is easy to understand and digest.

Its workforce analytics tool lets users see how their workforce compares to their peers across various metrics. Businesses can use the data to identify areas where they may have a competitive advantage. They can also see how their industry turnover rate compares to others. Users can see how they stack up regarding employee engagement, retention, and productivity and make informed decisions about their employees’ career paths and compensation packages.

Paycor's predictive data model can help users identify the probability and extent of employee turnover in the next 12 months. The model uses a variety of factors, including job satisfaction, tenure, and performance reviews, to calculate the likelihood that an employee will leave their job within the following year. This information can be used to develop retention strategies, such as targeted training and development programs, to help reduce turnover and improve employee engagement. Paycor’s model can also identify at-risk employees and provide them with support before they decide to leave.

Integrations include HireTech, Emburse Certify, Zillion, Points North, FMLA, Tapcheck, Instant Pay, Sterling, Wageworks, Ignite, and other digital workforce tools.

A Paycor subscription starts at $199/month.

Free demo available

From $99/month + $5/employee/month

3

Papaya Global

Best for tracking equity of gender, age, and pay

Papaya Global is an automated, SaaS platform that provides an end-to-end global workforce management solution with cross-border payments in 160+ countries. The platform supports all employee options (payroll, EoR, contractors), and consolidates your global workforce data into one single view for your entire international team. As well, Papaya Global also delivers deep insights into your workforce spending, integrates with popular work management tools, and uses smart technology to ensure compliance and eliminate errors.

Papaya Global creates a highly visible system for tracking payroll spending and understanding how much it costs to employ workers, including all associated fees. Their real-time business intelligence is also flexible, allowing you to sort your data many ways to identify trends, understand your net versus gross costs, or review key metrics over specific time periods. You can also uncover insights on who your workers are—by country, cost centers and more; see how well you’re attracting and keeping top talent, and why they chose to leave; and clearly visualize where your company stands in equity of gender, age, and pay—by department or seniority structure.

Papaya Global costs from $20/employee/month and comes with a free trial.

Free trial available

From $25/employee/pay cycle

4

PerformYard

Best for performance management analytics

PerformYard’s performance management software provides flexible features for HR, while creating a simplified employee experience for your staff. Their platform gives HR teams the tools they need to build out any performance management strategy and quickly analyze performance trends to determine employee development paths.

Key features include performance improvement plans, and tools to uncover growth opportunities or succession candidates. Their performance management software also supports 360-degree feedback, project-based reviews, continuous feedback, and cascading goals.

PerformYard provides dedicated customer success managers for every customer to help them with everything from onboarding, to employee training, to ongoing support.

PerformYard integrates with most major HRIS and payroll systems including ADP, BambooHR, Gusto, Paycom, Paylocity, Rippling, UKG, and Workday.

PerformYard costs from $5/employee/month. They also offer a free demo through their website.

Free demo available

From $5-$10/user/month

5

Leapsome

Best for employee engagement forecasting

Leapsome is a customizable analytics tool for businesses of all sizes. The software offers a variety of features that enable human resource management teams to track employee performance, growth, and engagement.

What I like the most about Leapsome is its engagement analysis feature. This feature helps you set up employee engagement surveys based on templates or starting from scratch. The tool crunches the answers and identifies engagement drivers, engagement levels, and interprets the sentiment of written responses.

Leapsome’s insights help HR professionals identify the factors that impact performance and churn, and it enables them to understand what matters most to the company’s culture. This understanding can help management teams make calculated business decisions.

I chose Leapsome as the best tool for employee engagement forecasting because its question templates are verified by experts and its insights help HR teams to take action.

Leapsome offers customized pricing upon request. You can also access a free 14-day trial.

14-day free trial

From $8/user/month

6

Sage HR

Best for strategic goal tracking

Sage HR is a great HR tool for small and medium-sized businesses that want to track their team’s performance and individual contribution to the achievement of strategic goals. The software has a simple interface that’s easy to navigate, so most people will be able to use its basic functions without training.

The software offers a good overview for managers and HR specialists, and the performance module stores and interprets employee data. You can use the tool to measure workforce productivity, track absence levels, and determine which team members contributed to the organization’s achievements.

I chose Sage HR as the best tool for goal tracking because it makes it easy to measure employee performance and see the impact it had on company goals.

Sage HR costs from $5.5/employee/month and offers a free trial for 14 days.

30-day free trial

From $7 USD/employee/month

7

Qualtrics Employee Experience

Best for employees surveys

Qualtrics People Analytics is a human resource management software that’s well suited for medium and large enterprises. The HR system is simple to use, even for people who are not tech-savvy. It has a clean interface that’s quick to learn, and it sorts the collected HR metrics in graphs and reports that are easy to digest.

One of the highlights of this tool is its surveys feature, which can be used to collect self-reported workforce data around culture and performance. HR teams can create things like exit interview polls or employee satisfaction surveys and then distribute them and visualize the response data in an assortment of charts and graphs.

I chose Qualtrics People Analytics as the best tool for employee surveys because it leverages machine learning and native language processing to interpret data from open text responses, which are much more flexible and informative than ratings or multiple-choice questions. Through their feature Text iQ, you can isolate and pull out trending topics across hundreds or thousands of free flow survey responses.

Qualtrics People Analytics offers customized pricing upon request. You can also request a demo.

Free demo available

Pricing upon request

8

Visier

Best for customizable reports

Visier is an analytics tool that can help medium and large enterprises get an overview of what’s happening with their employees. The software collects, analyses, and presents the data in comprehensive reports, enabling HR specialists to track hiring, firing, and turnover trends.

The platform’s interface is clean, colorful, and friendly toward non-technical users. The onboarding process is not lengthy and Visier offers eLearning courses, a knowledge library, community forums, and customer service agents to help.

One of the things I liked about Visier is that you can create your own reports in addition to the variety of standard ones you can choose from. This offers HR teams more flexibility because they can create custom reports that align with their organization’s goals.

Thanks to this flexibility, I chose Visier as the best tool for customized reports.

Visier offers customized pricing upon request. You can also request a demo.

Free demo available

Pricing upon request

9

Humantelligence

Best for culture analytics

Humantelligence is a great HCM tool for medium and large enterprises. This software helps HR professionals measure and understand their company’s culture, enabling them to identify the people who would add the most value to the team.

Humantelligence processes self-assessments to quantify culture data. It maps your team’s behavior and motivators and then uses the data to measure how well a person fits within a team, and how close a team is overall. This helps HR specialists to identify leaders, find suitable candidates, and improve productivity.

I chose Humantelligence as the best tool for culture analytics because its algorithm segments and interprets employee data, then provides actionable insights that can help HR teams to make decisions based on cultural alignment.

Humantelligence offers customized pricing upon request. The company also offers a demo upon request.

Pricing upon request

10

ZeroedIn

Best for collecting qualitative and quantitative feedback

ZeroedIn is a workforce analytics platform that uses HR data to provide feedback on business indicators that can affect your company. Using the feedback that ZeroedIn provides can help your business make accurate and timely HR decisions to improve your company’s performance. You can use ZeroedIn to compare different departments or business units, giving you an idea of which business units produce results and which ones need revamping or reinforcing.

Analytics is critical to any business because it can provide valuable insights to help improve how a business performs, and if your company needs software that can simplify analytics, then ZeroedIn is the ideal software for you. It can use available data to anticipate business needs and prevent disruptions resulting in financial losses. You can use ZeroedIn to personalize data presentations and add annotations to make them easier to understand. With ZeroedIn, you can use management scorecards to monitor strategic initiatives, providing feedback on how to realign resources and implement course corrections effectively.

ZeroedIn pricing and a free demo are available upon request.

Request a free demo

Pricing upon request

Need Expert Help Selecting The Right Analytics Software?

People Managing People has joined forces with the software comparison platform Crozdesk.com to assist you in finding the best tool for your needs. Crozdesk’s Analytics Software advisors can create a personalized shortlist of software solutions with unbiased recommendations to help you identify the solutions that best suit your business's needs. Through our partnership you get free access to their bespoke software selection advice, removing both time and hassle from the research process.

It only takes a minute to submit your requirements and they will give you a quick call at no cost or commitment. Based on your needs you’ll receive customized software shortlists listing the best-fitting solutions from their team of software advisors (via phone or email). They can even connect you with your selected vendor choices along with community negotiated discounts. To get started, please complete the form below:

The 10 Best HR Analytics Software Summary

Tool Free Option Price
1
Deel

Best for analyzing a distributed workforce

Free demo available

From $49/user/month Visit Website
2
Paycor

Best for analyzing engagement and retention initiatives

Free demo available

From $99/month + $5/employee/month Visit Website
3
Papaya Global

Best for tracking equity of gender, age, and pay

Free trial available

From $25/employee/pay cycle Visit Website
4
PerformYard

Best for performance management analytics

Free demo available

From $5-$10/user/month Visit Website
5
Leapsome

Best for employee engagement forecasting

14-day free trial

From $8/user/month Visit Website
6
Sage HR

Best for strategic goal tracking

30-day free trial

From $7 USD/employee/month Visit Website
7
Qualtrics Employee Experience

Best for employees surveys

Free demo available

Pricing upon request Visit Website
8
Visier

Best for customizable reports

Free demo available

Pricing upon request Visit Website
9
Humantelligence

Best for culture analytics

Not available

Pricing upon request Visit Website
10
ZeroedIn

Best for collecting qualitative and quantitative feedback

Request a free demo

Pricing upon request Visit Website

Other Options

Here’s a few more that didn’t make the top list.

  1. TrenData

    Best for turnover & exit survey tracking

  2. IBM Workforce Planning

    Best for workforce forecasting

  3. Orgvue

    Best for creating surveys to help in decision-making

  4. ChartHop

    Best for integrations

  5. Insightful

    Best HR analytics with computer activity tracking & employee monitoring

  6. Lattice

    Best for employee review analytics

  7. IntelliHR

    Best for performance analysis

  8. Zoho Analytics

    Best omnichannel workforce intelligence suite

  9. Tableau

    Data visualization platform that displays real-time analytics and presents them in customizable business intelligence reports

  10. HRForecast

    One of the easiest data analysis tools you can work with, it uses AI to provide actionable insights

Need more general HR software that isn’t just analytics-focused? We have that too: 10 Best HR Software To Manage Payroll & People In 2023.

Why Do We Need HR analytics?

HR analytics enable organizations to monitor employee performance and make decisions on relevant data. By monitoring different metrics, HR specialists can show management how human capital assets contribute to the overall business performance. At the same time, analytics tools help HR teams to reduce turnover, build a more productive workforce, and maintain a great company culture.

Human resource information systems (HRIS) enable HR providers to collect and interpret workforce data without using spreadsheets. They make it easy to schedule workflows, track employee lifecycle, and assess the competency of new employees. 

Related Read: What Is Employee Monitoring?

Know A Better HCM Analytics Software? 

What’s your experience with the HR analytics software I included on this list? Do you use other tools that should have made my list? Let me know in the comment section. 

For more thoughts and insights about HR software from top thinkers in the industry, sign up for the People Managing People newsletter.

Related Read: HR Technology Trends Of 2023 And Beyond

By Tim Reitsma

Tim is the co-founder and General Manager of People Managing People, an online publication focused on building a better world of work. He is experienced with people & culture, leadership, business strategy and operations with a focus on building great teams who are excited about their craft and their organization. With over 15 years of leadership experience, Tim has always been guided by his core values: faith, family, curiosity, and fun. He is a coach, mentor, speaker, advisor, and an active volunteer in his community. Tim loves spending time outdoors with his wife and two kids as well as mountain biking in the north shore mountains.