It’s been said and heard a hundred times that ‘the people’ are the real strength of any organization. But this fact stays irrelevant if you lack a bird’s eye view into their specific skill set as well as current job performance.
This is where People Analytics Tools come in.
These tools offer insights that help key decision-makers, such as CHROs, CTOs, and others to make informed decisions about workforce management, talent acquisition, employee performance, retention strategies, and overall organizational effectiveness.
As more and more organizations are switching towards a more Skills-First approach and prioritizing data over perceptions and biases, a wide range of People Analytics Tools have appeared in the market.
In this blog, we’ll look at sixteen such People Analytics Tools and list their features so you can choose the people analytics software for your organization with confidence.
Let’s get started!
What Were the Best People Analytics Tools in 2024 And Why?
1. iMocha
iMocha is an AI-powered Skills Intelligence Cloud platform that takes the benefits of a conventional people analytics platform to another level by helping enterprises build a Skills-First and data-driven ecosystem of upskilling, hiring, and managing talent - at scale for any job role and industry. More than 500 organizations in 70+ countries use iMocha's products for taking a Skills-First approach for creating objective learning and development programs, accelerated hiring, and managing talent from candidate to alumni.
iMocha’s skills-driven people analytics software is industry-agnostic. It is used by enterprises across sectors such as IT/ITeS, Telecom, Banking, Financial and Insurance, and Engineering to make data-driven talent decisions.
It leverages patented technologies and innovative features to build employee skills profiles, organizational skills inventory, skills taxonomy and skills ontology, skill benchmarks, and people analytics to help hire, develop, and manage talent using data and not speculations.
Key Features:
- Skill index to evaluate the skills proficiencies of your organization on an Employee Level, Team Level, Business Unit Level, and Organization level.
- Skills benchmarking to compare the skills of your workforce with the industry standards.
- Easy integration with SAP SuccessFactors and other legacy ATS and LMS platforms.
- Unique Multi-Channel Approach to assessing an employee’s skills using different organizational sources.
- Comprehensive job architecture to track and monitor available skills with the skills needed for respective job roles and more.
G2 Rating: 4.4/5 (239 reviews)
Pricing: Click here for more information
Struggling to align your employees' skills with business demands? Simplify the process with iMocha's Skill Intelligence Platform, powered by an AI-driven Skills Matching engine!
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2. Qualtrics
Qualtrics’ people analytics tool enhances your business's potential by combining essential employee experience measures, like engagement and contentment, with customer outcomes and financial success. It uses diverse channels, from Slack and surveys to Glassdoor and IT ticketing, to gather comprehensive, company-wide employee feedback. This people analytics software proactively resolves employee experience issues, ensuring the privacy of employee data and preventing escalation.
Key Benefits:
- Determine which employee performance indicators, including turnover, wellness, and managerial effectiveness, have the most significant impact on customer achievement.
- Deploy sophisticated, in-built analytics, dynamic automation, and all-encompassing data visualization tools to immediately discern the interplay between your Employee Experience (EX) and Customer Experience (CX) initiatives.
- Enable your human resource teams to promptly respond with directed insights, swiftly identifying the critical employee-related factors to manipulate for enhanced business outcomes.
- Utilize advanced AI and natural language processing to uncover hidden trends, themes, and topics rapidly.
- Analyze emotions, opinions, intentions, efforts, and reactions in real time to anticipate potential staff turnover, identify obstacles to productivity, and recruit the most suitable candidates.
G2 Rating: 4.5/5 (452 reviews)
Pricing: NA
3. Visier
Visier's people analytics software equips you with the tools to monitor organizational shifts as they happen, utilizing precise data on new hires, departures, and the overall development of your workforce. This technology transforms HR into a dynamic entity capable of effectively supporting the modern workforce. It enables you to broaden your analytical scope beyond basic metrics, delving into the complete journey and influence of employees from their application and onboarding stages through their growth and eventually to their departure from the organization.
Key Features:
- An extensive collection of readily available and tailorable content.
- Integrated tools designed to provide immediate, accurate insights.
- Supports HR tasks across the entire employee journey, from recruiting and hiring to offboarding.
- Monitors and produces data and reports on the organization's overall well-being and effectiveness.
- Simplifies the process of integrating with external HR systems for holistic management of employees, facilities, and benefits.
G2 Rating: 4.6/5 (121 reviews)
Pricing: NA
4. SplashBI
SplashBI’s people analytics software empowers organizations to make optimal business decisions by offering immediate access to data from various systems, presented through reports, visualizations, and trend analyses.
This people analytics platform can be deployed in the cloud or on-premises and is easily accessible on mobile devices. It caters to various needs, from HR People Analytics to Financial Reporting for month and year-end, to tracking Sales & Marketing Trends with Dashboards, and beyond.
Key Features:
- Turnover Dashboard to guide strategy development for retaining employees.
- Diversity Dashboard to support Diversity, Equity, Inclusion, and Belonging (DEI&B) initiatives.
- Skill Gap Dashboard to assist in recruiting and retaining essential talent for your business.
- Compensation Dashboard offers a comprehensive analysis of salary trends within your organization.
- Ready-made analytics tools for efficient data processing, providing valuable insights for enhanced decision-making.
G2 Rating: 4.5/5 (3 reviews)
Pricing: NA
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5. Orgnostic
Orgnostic is a people analytics tool tailored for strategic HR professionals. It consolidates disparate HR and finance data, facilitates surveys, and provides essential insights about employees and the organization.
This people analytics platform integrates various HR data sources into a single analytics system, enabling rapid discovery of key insights to evaluate the effectiveness of your people-focused strategies.
Key Features:
- Compatibility with numerous HR Information Systems (HRIS) and Applicant Tracking Systems (ATS).
- Continuous enhancement and development of the product and its features.
- Cost-effective pricing, particularly advantageous for smaller startups.
- Outstanding customer success support team.
- GDPR, SOC 2 Type II, CCPA, CDPA compliance.
G2 Rating: 4.5/5 (2 reviews)
Pricing: NA
6. crunchr
Crunchr is a robust people analytics tool crafted to provide companies with critical insights into their workforce and HR data. This solution enables seamless access to comprehensive employee information, covering vital metrics such as turnover rates, salary equity, and others. Crunchr's integrated data lake merges information from various systems into a single, user-friendly platform, facilitating insightful analyses and informed decisions regarding talent management.
Key Features:
- Converts your entire range of employee data into readily available and comprehensible insights.
- Makes insights universally accessible, aiding in improved decision-making regarding personnel.
- Delivers rapid value realization with a 2-week setup period and immediate availability of pre-configured analytics.
- Features an intuitive, AI-enhanced assistant that helps formulate pertinent questions and uncover key insights
G2 Rating: 4.9/5 (15 reviews)
Pricing: NA
7. One Model
One Model is a people analytics software that consolidates all your HR data in one location and empowers your team to craft data narratives that demonstrate the influence of these metrics on your organization. The user-friendly, adaptable, and customizable Storyboard dashboards make it easy to tap into and utilize the data that matters most to you. Utilize your workforce data to generate the necessary reports, enabling strategic and proactive decision-making to maintain the efficiency of your large-scale company.
Key Features:
- Enhanced insights through enterprise data warehouses.
- Transparent pricing, free of hidden fees.
- User-driven flexibility through self-service options.
- A foundation of transparency and trust.
- Robust security and privacy measures to make your data widely accessible and safe.
G2 Rating: 4.5/5 (1 rating)
Pricing: NA
8. PeopleHum
People Hum is a comprehensive people analytics platform that seamlessly handles various HR functions, including employee records, leave management, time and attendance tracking, and shift scheduling, all unified in its cloud-based HRIS. The system streamlines timekeeping with automated features, biometric integrations, and self-service check-ins, making attendance tracking efficient and hassle-free.
Key Features:
- Unified integration for a consolidated view of all employee-related activities in your organization.
- Offers a full range of modules encompassing recruitment, engagement, performance management, employee experience, and offboarding processes.
- Accessible across multiple platforms, including web browsers, iOS, Android, and chatbots.
- Incorporates automation and machine learning, staying abreast with the latest advancements in HR and people analytics.
G2 Rating: 4.5/5 (22 reviews)
Pricing: Starts at USD 2 per employee per month
9. Alteryx
Alteryx offers an engaging, user-friendly data analytics platform that requires minimal to no coding, enabling users of all skill levels to effortlessly transform vast quantities of data into actionable insights for daily innovation.
Its advanced analytics features enhance a team's data proficiency and help organizations generate significant business results by bringing all people's data under one roof.
Key Features:
- A user-friendly and straightforward reporting interface for both standard and self-service reports.
- Features a diverse selection of engaging graph and chart styles.
- Designed for efficiency, it answers business queries with minimal steps or clicks.
- Includes scorecards that visually monitor Key Performance Indicators (KPIs).
- Equips business users with a convenient platform to effortlessly create, fine-tune, and collaborate on their dashboards.
G2 Rating: 4.6/5 (459 reviews)
Pricing: NA
10. HCMI- SOLVE
HCMI’s SOLVE is a people and HR analytics platform that provides a workforce decision hub, transforming data from disparate HR and business systems into critical insights to drive business results today and build a workforce for tomorrow.
Embedded analytics, dynamic visualization, and advanced query and slice-and-dice capabilities, enable HR, business, and analytics users to identify actionable insights for enhanced talent management interventions.
Key Features:
- Offers secure, role-specific access to vital workforce performance indicators and underlying factors, consolidating them into a single access point for a comprehensive set of enterprise-wide data.
- Provides immediate access to dynamic representations of pre-established, top-tier metrics, creating a central decision-making hub for urgent and critical business decisions regarding workforce management.
- Correlates workforce expenditures with business and financial results, enabling informed decisions on reducing inefficiencies and optimizing investments for superior business outcomes.
- Facilitates performance comparison with industry standards and peers through integrated benchmarks and labor market insights in your reports and analysis.
- Enhances value and accuracy of information significantly and rapidly with SOLVE™, an automated system for data gathering, cleaning, integration, and reporting.
G2 Ratings: NA
Pricing: NA
11. Ingentis
With Ingentis org.manager or Ingentis org.manager for SAP SuccessFactors, you can automatically and flexibly visualize your HR and organizational data from nearly any data source. This enables you to analyze your organization's current status, plan desired future states, and optimize the overall structure.
This people analytics software is essential for a various organizational needs, including reorganization, and mergers and acquisitions, succession planning, executing diversity strategies, and enhancing overall organizational efficiency.
Key Features:
- Extensive options for displaying all data from SAP
- Access authorisation
- Flexible display settings and export possibilities
- Easy handling and real-time customer support/servic
G2 Rating: 4.7/5 (15 reviews)
Pricing: NA
Still unsure about the skills within your workforce? Get a crystal-clear view of your employees' capabilities with our Skill Intelligence Platform.
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12. Workday HCM
Workday HCM provides a unified, cloud-based platform for workforce planning, talent management, and payroll, enabling organizations to navigate and prosper in a dynamic environment. Its applications, deeply integrated with artificial intelligence and machine learning, are designed to assist global organizations in adapting to the evolving landscape of work.
Key Features:
- Workday Skills Cloud employs machine learning to efficiently match skills with suitable opportunities, enabling organizations, big and small, to dynamically scale their workforce agility.
- The platform's enhanced analytics delve into extensive data sets, clearly explaining current scenarios and their causes in an easy-to-understand narrative format.
- It streamlines the entire recruitment to remuneration process with smart automation, significantly reducing the need for manual intervention.
- The platform's comprehensive compensation and benefits features help you create tailored plans that cater to the diverse requirements of your workforce, ensuring employees receive the recognition and rewards they merit.
G2 Ratings: 4/5 (1295 reviews)
Pricing: NA
13. Trakstar
Trakstar, a purpose-built people analytics platform for HR talent development, links the stages of the employee lifecycle. It combines four products into one potent talent development solution. This software automates and simplifies your key daily tasks, freeing time for strategic planning, impactful decision-making, and cost reduction.
With Trakstar Hire, Learn, and Perform, HR teams can effectively hire, develop, and retain top professionals. Additionally, Trakstar Insights actively analyzes your employee data, enabling you to make the most informed decisions for your workforce.
Key Features:
- Compare your people data to industry and company-size peers to see if you're normal, above average, or falling behind.
- Easily visualize your employee data to spot signs of trouble, make decisions quickly, and highlight your impact.
- Download and organize your graphs and data in board-ready formats to make presentations easier and more effective.
- Easy integration with partner solutions
G2 Ratings: 4.3/5 (422 reviews)
Pricing: NA
14. Nakisa HR Suite
Nakisa HR Suite is a cloud-based solution for workforce planning, organization design, and HR analytics. It is tailored for enterprises with over 5000 employees. Naksia HR Suite features powerful organizational charts, sophisticated dashboards, customizable reports, and advanced organizational simulation and modeling capabilities.
Nakisa facilitates the integration of various isolated data sources into one central location for all HR information. Offering high API connectivity, the software provides native bidirectional ERP integrations with platforms like SAP HCM, SAP SuccessFactors, Workday, and Oracle, including write-back features.
Key Features:
- Nakisa's design, rooted in microservices, enables rapid scaling to align with your business demands in moments.
- Engineered for robustness, Nakisa operates as a failure-tolerant, self-repairing system, ensuring 99.5% uptime availability.
- The system meets stringent security standards, including Single Sign-On, SOC 1 Type II, SOC 2 Type II certifications, GDPR compliance, and IT General Control security norms.
- Nakisa ensures continual improvement with frequent updates every 6-8 weeks, alongside two significant releases annually.
G2 Rating: 4.5/5 (1 review)
Pricing: Pay only for the modules and features your organization truly needs, avoiding unnecessary expenses.
15. Knoetic
Knoetic stands out as the pioneer in integrating a social network with a SaaS analytics tool on a single platform. This innovative "Insight Engine" equips Chief People Officers (CPOs) with a blend of quantitative and qualitative insights. This unique approach enables them to make well-rounded, intelligent decisions about their workforce. It achieves this by incorporating its exclusive social network, CPOHQ, which connects over 1,000 top-tier Chief People Officers directly into its people analytics software.
Key Features:
- Attrition Dashboard
- Compensation Dashboard
- DEI Dashboard
- Recruiting Dashboard
- Org Chart
- Shared Insights
- Employee Experience/Engagement
- Headcount Planning
G2 Rating: 4.5/5 (52 reviews)
Pricing: Flexible pricing based on company head count.
16. Orgvue
Orgvue is a cloud-hosted platform specializing in organizational design and workforce planning. It allows businesses to centralize their data and visualize it effectively, facilitating the modeling of future scenarios and confident decision-making.
With robust data security measures in place, Orgvue is utilized by leading global organizations. It harnesses data and modeling capabilities to address various challenges, including strategic and operational workforce planning, organizational structuring, workforce and organizational transformations, post-merger and acquisition integrations, as well as the development of agile teams.
Key Features:
- The variety of visualization options available for data presentation
- Capability to integrate organizational models and analyses on a single platform
- Custom coding features for creating specific markers or indicators
- Extensive customization options offered by the platform
- Ongoing assistance and support provided by the Orgvue team
G2 Review: 4.4/5 (15 reviews)
Pricing: 3 pricing options
Conclusion:
With technology constantly evolving and introducing new skills to the marketplace, organizations must equip themselves with the best people analytics tools. These tools are essential for maintaining a competitive edge by providing a clear understanding of the workforce's current capabilities and potential skill gaps. HR people analytics software and Skills Intelligence platforms like iMocha streamline skills management through a wide array of features and services. This enables organizations to efficiently recruit, train, and advance the most suitable candidates for each specific role.
Struggling to identify the skills needed to stay ahead of your competition? Try iMocha!
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FAQs
What is a people analytics platform?
People analytics, also called HR analytics, means collecting and studying employee data to turn it into useful information for the company. This data includes things like what jobs employees have, how much they get paid, how well they perform at work, how happy they are, and how often they miss work.
When used well, people analytics can help a company understand things like how the number of employees changes over time, what is happening with salaries, how diverse the workforce is, and what problems might affect the company's operations.
What is the purpose of people analytics?
Companies use people analytics tools to make informed decisions about hiring, training, managing, and retaining employees, ultimately aiming to enhance productivity, reduce turnover, and improve organizational culture.
How many companies use people analytics?
Based on research from Deloitte regarding people analytics solutions, over 70% of businesses are employing people analytics to enhance their performance. Additionally, both large and mid-sized companies are making considerable investments in their HR analytics teams and infrastructure.
How can people analytics help an organization?
The best people analytics software for your company can assist in addressing essential areas crucial for both HR functions and daily operations, including:
- Gathering and Combining Data
- Analyzing and Presenting Information
- Predicting Future Trends
- Creating Visual Representations
- Evaluating Employee Performance and Engagement
- Recruiting and Keeping Talent
- Promoting Diversity and Inclusion
- Ensuring Compliance
- Managing Risks, and more