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With so many different HR analytics software solutions available, figuring out which is right for you is tough. You know you want to gather insights on workforce performance and make data-informed HR decisions, but need to figure out which tool is best. In this post, I'll help make your choice easy, sharing my personal experiences using dozens of different HR analytics tools for teams of all sizes and outlining my picks of the best HR analytics software overall.

What is HR Analytics Software?

HR analytics software is a tool that collects and analyzes employee data to provide insights for informed decision-making in human resource management. Features include data collection and integration, workforce performance analysis, trend forecasting, and dashboards for visualizing key metrics.

The purpose of HR analytics software is to provide insights on employee turnover rates, recruitment effectiveness, performance patterns, training needs, workforce diversity, and employee engagement and satisfaction levels.

Overviews of the 10 Best HR Analytics Software

Here’s a brief description of each HR analytics software solution that showcases each tool’s best use case and noteworthy features. I’ve also included screenshots to give you a snapshot of their user interface too. 

1

Deel

Best HR analytics platform for analyzing a distributed workforce

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.7
2186 reviews

Free demo available

Flat rate user pricing, with a free version for businesses with up to 200 people

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.

Why I picked Deel: 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, which are included with any new team member, can help you understand global costs and anticipate compensation increases over time.

Deel Standout Features and Integrations:

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.

Deel's integrations allow you to import and export HR data between many popular accounting and reporting software solutions. Current integrations include Ashby, BambooHR, Expensify, Greenhouse, Hibob, NetSuite, Okta, OneLogin, Quickbooks, Slack, Xero, Workday, and Workable. The company also has an Open API solution that allows developers to build their own interfaces on top of the Deel platform.

2

Paycor

Best HR analytics software for analyzing employee engagement and retention initiatives

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.1
562 reviews

90-day free trial + free demo available

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

Paycor is a human capital management system with an extensive HR analytics module that uses data from payroll, attendance, and benefits to give insights into workforce trends. These insights can then 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.

3

Trakstar

Best HR analytics software for competitive benchmarking capabilities

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.3
188 reviews

Free demo available

Pricing upon request

Trakstar's cloud-based HR platform combines workforce analytics with performance management, learning management, and applicant tracking. You can use it to uncover insights related to your employee performance, internal learning and development programs, and your hiring process.

Why I picked Trakstar: You can monitor employee engagement, performance metrics, company culture indicators, employee turnover rates, and other potential risks, and use the data to make better strategic decisions. Using their powerful filters and customizable reporting options, you can quickly identify trends and gaps, compare data over time, and create targeted action plans.

Trakstar Standout Features and Integrations:

Trakstar also includes benchmarking capabilities, making it possible for you to compare your organization with others in your industry. This means you can compare your company to their aggregated and anonymized data to understand how your company performing is performing against your competitors in the always-evolving talent marketplace. Doing so can give you a competitive edge, reduce your turnover, and improve your employee retention.

Integrations are available with numerous software systems, including ADP Workforce Now, Azure, BambooHR, Checkr, Google Workspace, Namely, Office365, Okta, Slack, Zoom, and others.

4

Teramind

Best HR analytics software to enforce policies and rules for user behavior

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4
33 reviews

3-day free trial

From $15/user/month

Teramind is a comprehensive user behavior analytics software that specializes in insider threat management, data loss prevention, workplace productivity, and employee monitoring. It is particularly effective for insider threat detection and employee monitoring, as it provides real-time visibility into employees' activities, enabling organizations to detect potential threats and prevent data leaks.

Why I Picked Teramind: Teramind offers productivity analysis tools that measure employee productivity and identify areas for improvement, providing detailed reports on user activities and productivity metrics. The policy and rules engine allows businesses to define and enforce policies and rules for user behavior. The software also provides forensic data recording, risk analysis, email monitoring, file transfer monitoring, instant message monitoring, keystroke logging, screen recording, website monitoring, application monitoring, and printed document tracking. Plus, it offers user activity monitoring, optical character recognition, business intelligence and reporting, scriptable rule logic, and in-app field parsing.

Teramind Standout Features and integrations:

Features include is its ability to monitor user behavior in real-time to detect insider threats and prevent data leaks. It records activities of employees, remote users, and contractors, tracking app usage, websites, emails, social media, file transfers, and more. It offers rule-based risk analysis, remote desktop control, IT forensics, automated alerts, and behavior shaping guidance to prevent data breaches.

Integrations include ArcSight, Jira Software, LogRhythm, McAfee, and Radar.

5

Lattice

Best HR analytics software for employee performance review analytics

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.7
3717 reviews

Free demo available

From $11/user/month

Lattice is a human resource management (HRM) solution for medium and large enterprises. The tool is great for giving and receiving employment feedback, be it anonymously or not. It has an accessible layout and offers a smooth navigating experience.

Lattice enables HR teams to save time by automating review cycles for regular performance tracking. HR specialists can create custom templates for weekly, monthly, or quarterly reviews, and schedule their distribution ahead of time.

I chose Lattice as the best tool for employee review analytics because it offers an easy way to complete and keep track of self, peer, and manager reviews. The software then parses all the review data and presents team-oriented action plans, research-backed actionable insights, and real-time results analysis.

Lattice costs from $9/employee/month. You can also schedule a demo.

6

One Model

Best HR analytics platform for unlimited workforce contextual data sources

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.5
1 review

Free demo

Pricing upon request

One Model is a comprehensive people analytics platform that's designed to help businesses make sense of their workforce data. It's a tool that's all about taking the mountains of data that businesses generate and turning it into something useful.

Why I picked One Model: One Model provides the flexibility of unlimited workforce contextual data sources, allowing seamless integration with various data sources such as financial, sales, labor market, and customer experience, in addition to their extensive support for people analytics; further supported by a vast array of third-party integrations and the ability to connect with form and survey tools for collecting self-led data.

One Model stands out with its emphasis on collaboration, going beyond mere data analysis to facilitate better decision-making within your team by enabling report sharing, dashboard creation, and the setup of alerts to ensure everyone stays informed, aligned, and actively working towards shared goals.

One Model Standout Features and Integrations 

Features include effortless data modeling, pre-defined metrics, analytics, and storyboards, designed to provide a seamless onboarding experience without the need for building systems from scratch. Additionally, their AI-embedded analytics harnesses advanced algorithms and machine learning to extract meaningful insights from HR data, facilitating precise workforce planning and talent management.

Integrations include SuccessFactors, Workday, ADP, Ultimate Software, SAP, Oracle, PeopleSoft, BambooHR, Fairsail, Namely, Deltek, Cornerstone, Azure, Snowflake, AWS, Google Cloud, CultureAmp, Waggl, ModernSurvey, Glint, Maritz, Confirmit, Reflektive, Qualtrix, and others for LMS, payroll, and ATS.

7

Leapsome

Best HR analytics software for employee engagement forecasting

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.8
1472 reviews

14-day free trial

From $8/user/month

Leapsome is a people management platform with 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.

Why I picked Leapsome: What I like the most about Leapsome is its engagement analysis feature. This feature helps you set up employee engagement surveys quickly using templates, or you can start from scratch. The tool crunches the answers and identifies engagement drivers and engagement levels, and interprets the sentiment of written responses.

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 take action.

Leapsome Standout Features and Integrations:

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.

Integrations are available with Active Directory, ADP, BambooHR, Bob, Google Suite, Microsoft Teams, Okta, OneLogin, Personio, Rippling, Slack, Workday, and others.

8

PerformYard

Best for performance management analytics

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.7
807 reviews

Free demo available

From $5-$10/user/month

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.

Why I picked PerformYard: Their software allows you to filter performance-related data to uncover trends, compare departments, or identify top performers for succession planning purposes. You can also track and analyze both quantitative and qualitative performance feedback in PerformYard, including peer-to-peer feedback and changes to key metrics over time.

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

PerformYard Standout Features and Integrations:

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.

Integrations are available with most major HRIS, HCM, and payroll systems including ADP, BambooHR, Gusto, Paycom, Paylocity, Rippling, UKG, and Workday.

9

Qualtrics Employee Experience

Best HR analytics software for employees surveys

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.4
545 reviews

Free demo available

Pricing upon request

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.

Why I picked Qualtrics People Analytics: One of the highlights of this tool is its survey 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.

Qualtrics Standout Features and Integrations:

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.

Integrations are available with Adobe Analytics, Hubspot, Jira Software, Salesforce, Slack, Zapier, Zendesk, and other Qualtrics products.

10

Lightcast

Best for in-depth actionable data by geography

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.7
10 reviews

Free demo available

Pricing upon request

Lightcast is a SaaS solution that delivers high-quality labor market data through a variety of software products, application programming interfaces (APIs), and consulting services. As a dedicated labor market analytics company, they aim to help corporate and staffing firms get a better understanding of their workforce training requirements, employment trends, and strategic workforce planning across different sectors and regions.

Why I picked Lightcast: Lightcast offers a wide variety of solutions for workforce development and staffing, including market selection tools that help teams identify where new talent pools might exist for your industry, to support global expansion.

Lightcast Standout Features and Integrations:

Their product called Staffing Analyst provides actionable labor market data for staffing firms, giving you access to job postings, professional profiles, compensation data, and labor market data. You can use the tool to scour millions of job postings online and filter results by keyword, skill set, job title, and company. You also get access to millions of individual compensation observations captured from comprehensive government data sources. And if there are additional details that you require and are not available in the government data sources, Lightcast can give you access to professional profiles that include information on the employer, alma mater, education level, and skill sets.

SmartReq is another product from Lightcast that is designed to provide you with data-driven recommendations on the best requisitions or reqs. SmartReq is a staffing software solution with lead-generating and qualifying capabilities. It can help you find and sell job requisitions in a fast and efficient manner.

Integration details are not available, though Lightcast does have an API to help you connect their system to other applications you're already using.

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Other Options

Here are a few more worthwhile options that didn’t make the best HR analytics software list:

  1. Visier

    Best HR analytics software for benchmarking data visualizations

  2. Humantelligence

    Best HR analytics software for culture analytics

  3. ZeroedIn

    Best HR analytics software for collecting qualitative and quantitative feedback

  4. IBM Workforce Planning

    Best HR analytics software for workforce forecasting

  5. TrenData

    Best HR analytics software for turnover & exit survey tracking

  6. Orgvue

    Best HR analytics software for creating surveys to help in decision-making

  7. ChartHop

    Best HR analytics software for integrations

  8. Insightful

    Best HR analytics software with computer activity tracking & employee monitoring

  9. IntelliHR

    Best HR analytics software for performance analysis

  10. Papaya Global

    Best HR analytics software for tracking equity of gender, age, and pay

How I Selected the Best HR Analytics Software

I'm happy to explain how I prepared this top 10 list of HR analytics software, in case you were wondering. I started off by developing a long list of HR analytics software with positive user ratings. From there, I dug into the details further using my selection criteria below to help me make consistent comparisons.

In addition, I drew on my years of experience preparing workforce analytics to pinpoint the nice-to-have features that add a lot of value and simplify the process.

Selection Criteria

Here’s a quick summary of the selection and evaluation criteria I used to prepare this list of the best HR analytics software for this article: 

  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. Software Integrations: I selected 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 Price: I chose tools that offer multiple helpful features for HR teams, so you'll get a good return on your investment.

Just as the focus, priorities, and duties of HR teams continue to evolve, so too do the software tools that support those operations. Particularly when it comes to HR analytics, what's possible today is far beyond what was possible a year ago. And data-driven businesses want to think about what will be possible a year from now!

Here are a few key emerging trends in data analytics as it relates to HR functions, to keep you ahead of the curve:

Predictive Analytics for Talent Acquisition

Predictive analytics is revolutionizing talent acquisition. By leveraging data-driven insights, HR software can now predict candidate success and reduce time-to-hire. It can also improve not just the quality of new hires, but also their recruitment and onboarding experience. This innovation aligns with the desire for strategic input at the executive level, enabling HR professionals to make informed decisions backed by concrete data.

AI-Driven Performance Management

Artificial Intelligence (AI) is being integrated everywhere—performance management included. This helps companies maximize employee efficiency and improve their talent development processes. AI algorithms provide personalized development plans and performance tracking, helping you to nurture and retain your top talent. This approach ensures that performance management is not only efficient but also tailored to individual employee growth.

Enhanced Remote Work Management Tools

The shift towards hybrid and remote work models has made effective remote work management tools a necessity. Modern HR analytics software now includes features for tracking remote employee engagement and productivity. For example, it might help you:

  • Monitor engagement levels of in-office employees compared to remote employees,
  • Analyze the impact of in-person events, meetings, and collaboration efforts, and
  • Assess the efficacy of culture-building initiatives for your hybrid workforce.

Essentially, having remote employees adds a new layer to account for in your HR analytics. So it's important that your software addresses that.

Integrated Compliance and Innovation Modules

Emerging HR analytics tools increasingly offer modules that help you ensure regulatory compliance. This trend is seen often in employer of record (EOR) systems, and assists in navigating the complexities of employment laws—particularly for distributed and global workforces. These tools can help you balance legal obligations with progressive HR strategies.

Organizational Culture Analytics

Understanding and shaping organizational culture is key to building engaged, high performing teams. HR analytics software is developing to better analyze and report on your organizational culture, aiding you in aligning it with company goals. This is done through tools like:

  • Aggregated reporting of employee engagement survey data,
  • Sentiment analysis of employee feedback forms, and
  • Analytics surrounding employee retention, turnover, and attrition.

These trends in HR analytics software offer actionable solutions to the predominant challenges faced by HR professionals today. By embracing these trends, HR leaders and managers can not only improve their operational efficiency but also contribute significantly to their organization's success. Adopting these innovative tools will be instrumental in shaping the future of HR management.

People Also Ask

Still wondering what HR analytics software has to offer? These answers to frequently asked questions should do the trick:

What are HR analytics?

The term HR analytics refers to the collection and analysis of workforce management data. This type of data typically includes employee demographic data (age, gender, educational credentials, etc.) as well as company-specific data (e.g., role within the organization, length of tenure with the company, work location, salary, technical level, etc.).

By collecting this type of headcount data, you can then perform advanced data analysis to help you spot trends or gaps in your workforce in order to address them. By doing so effectively and consistently, your organization will gain a greater ability to make data-driven decisions.

Are there different types of HR analytics?

The general consensus among HR professionals is that there are four sub-classifications of HR analytics:

  1. Descriptive analytics: what happened in the recent past?
    This is a basic form of people data analysis that focuses on past data to give organizations an idea of what happened, or where their workforce was at the time of their data snapshot.
  2. Diagnostic analytics: why did this situation happen?
    This level of data analysis aims to uncover the why behind any trends you may notice in your data set. It can help HR leaders uncover problem areas that need to be studied further.
  3. Predictive analytics: what will happen in the future?
    This form of data analysis is all about predicting future outcomes using data modeling. It is useful for developing robust talent management practices, such as upskilling workers and strategically hiring to fill any talent gaps.
  4. Prescriptive analytics: how can we ensure we will reach our future goals?
    This is the most complex level of HR analytics, which is focused on helping organizations decide what to do next. Due to its complexity, it often involves sophisticated algorithms or HR analytics software with built-in artificial intelligence or machine learning capabilities.

What key features are covered by HR analytics software?

Here’s a list of the core features you should expect to gain from user-friendly HR analytics software:

  • Workforce analytics: Workforce analytics is a crucial feature for HR teams because it helps them collect data on performance measurement. 
  • 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.
  • Recruitment analytics: HR teams should be able to identify the channels that offer good candidates and high recruitment rates.
  • Actionable insights: A great HR analytics tool should offer your team actionable insights based on the data it collects. 
  • Reporting: Your team should be able to create custom reports based on the data the software collects.

Why do we need HR analytics?

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

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.

Other Resources for Making Data-Driven Decisions

HR analytics software is a great place to start, but we have other resources to help you improve your data-driven decision making too. Here are a few of my favorites, to get you started:

Need more general HR software that isn’t just analytics-focused? We have that too: 10 Best HR Software.

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

Related Read: What Is Employee Monitoring?

By Kim Behnke

Kim Behnke is an HR Tool Expert & Writer for People Managing People. She draws on her 9 years of human resources experience and her keen eye for systematic processes to support her analyses of the top HR tools on the market. She is passionate about maximizing efficiencies and streamlining workflows to ensure internal systems run smoothly. Kim's HR experience includes recruitment, onboarding, performance management, training and development, policy development and enforcement, and HR analytics. She also has degrees in psychology, writing, publishing, and technical communication, and recently completed a Certified Digital HR Specialist program through the Academy to Innovate HR. When away from her desk, she can usually be found outside tending to her ever-expanding garden.