D435 HR Technology and People Analytics - Set 1 - Part 1

Correct Answer: Predictive analytics

Predictive analytics uses past data to forecast future trends, such as employee turnover. Descriptive analytics looks at past events, prescriptive analytics provides recommendations for actions, and diagnostic analytics attempts to explain why something happened.

Correct Answer: Core HR administration system

Core HR administration systems handle payroll, tax administration, benefits management, and HR management. The other options focus on more specific HR needs, such as talent or time management.

Correct Answer: Time management system

A time management system helps organizations with scheduling, labor budgeting, and productivity tracking. It is specifically designed for managing time-related HR functions.

Correct Answer: Human Resource Management System (HRMS)

The HRMS serves as the single point of truth for accessing workforce data, organizational structure, and security access. It stores all relevant HR information.

Correct Answer: Talent management system

A talent management system handles functions such as talent acquisition, recruiting, onboarding, and performance management, making it suitable for managing employee profiles and onboarding processes.

Correct Answer: Service delivery platform

A service delivery platform includes engagement and feedback tools, enabling employees and managers to communicate and give feedback more effectively.

Correct Answer: Multi-tenancy

In a multi-tenancy environment, multiple clients share the same infrastructure and code, allowing for cost efficiency but without individual customization.

Correct Answer: Absence management application

An absence management application helps track employee absences and manage leave requests efficiently.

Correct Answer: Diagnostic analytics

Diagnostic analytics attempts to explain why something occurred by analyzing historical data, making it the appropriate tool for understanding past HR outcomes.

Correct Answer: Analytics and planning dashboard

Analytics and planning dashboards help organizations analyze data related to workforce retention and other HR strategies.

Correct Answer: Employee self-service (ESS)

ESS allows employees to manage personal information, access HR data, and complete tasks independently, reducing the need for HR intervention.

Correct Answer: Benchmarking

Benchmarking allows organizations to compare their processes to industry standards or best practices to identify gaps and opportunities for improvement.

Correct Answer: Self-service portals

Self-service portals allow employees to manage HR-related tasks independently, reducing the number of inquiries that require HR staff involvement.

Correct Answer: Analytics and planning suite

The analytics and planning suite helps capture and analyze HR data to forecast and plan for future workforce needs.

Correct Answer: Compensation and rewards system

A compensation and rewards system helps manage and analyze employee compensation, ensuring the organization remains competitive.

Correct Answer: Benefit administration application

Benefit administration applications are used to manage non-payroll benefits such as health, retirement, and wellness programs.

Correct Answer: Time and attendance application

A time and attendance application helps capture work hours, manage time-off requests, and monitor attendance to improve overall workforce management.

Correct Answer: Talent management system

A talent management system supports succession planning by identifying high-potential employees and creating leadership development programs.

Correct Answer: Engagement and feedback platform

Engagement and feedback platforms allow managers to collect and analyze data on employee satisfaction, providing insights for improving engagement.

Correct Answer: Incremental innovation

Incremental innovation focuses on small technological upgrades to existing products to meet customer demands, unlike disruptive or radical innovations that create entirely new markets.