Big Data

Meaning & Definition

Big Data is the term used to describe massive amounts of data collected from different places, including HRMS, payroll, attendance, performance reviews, and employee interactions. By using HR research on big data, HR can take patterns, trends, and insights found in the workforce on productivity, hiring, engagement, and retention to make informed decisions.

Important features of Big Data:

• It allows businesses to make informed HR decisions based on data instead of assumptions.
• Businesses can improve how they acquire and manage talent better by using big data for their hiring, performance appraising, and retaining employees.
• Businesses can identify employee trends regarding attrition, attendance, and engagement.
• Businesses can use predictive analytics for workforce and staffing needs.
• Big data improves the efficiency of businesses by automating and providing businesses with intelligent HRMS insights.

HR and Data Compliance & Policy 

There are currently no statutory or regulatory mandates regarding data governance or the use of the term Big Data.

When implementing “Big Data” practices within the organisation, these should align with the organisation’s current HR and IT Data Privacy Policies, Information Security Policies, and Ethical Use Policies and access controls for Employees.

Organisations should establish confidentiality and responsible use of employee data.