The ROI on using big data makes a clear case for the growing use of Big Data in organizations. Human Resource departments are using data analytics to improve the process of selecting and hiring employees and to create a more objective method for conducting performance evaluations. Companies can also leverage information modeling to help make promotion decisions, predict which employees are most likely to leave the company and test the impact of new employment policies. In the first episode of Littler’s Big Data Initiative podcast, Dr. Zev Eigen, Littler’s Global Director of Data Analytics, discusses the risks and rewards inherent in collecting and analyzing data. He outlines the broad and exciting opportunities presented by predictive modeling, and how data science can augment human intelligence. Future episodes will feature special guests and further explore ways professionals within both the HR and legal space can better understand and anticipate “predictably irrational” human behavior.
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