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The goal of collecting and analyzing employee data, known as HR Analytics or People Analytics, is to improve strategic human resources (HR) decision-making through data, such as improving employee performance, planning effective training, reducing turnover, and ensuring compliance with policies and regulations. The employee data collected includes personal data, performance, training, attendance, payroll, and satisfaction and engagement survey results. This data analysis is then used to identify trends, solve problems, and develop strategies that support business growth and employee well-being.
An employee data budget is a financial plan (budget) created by the HR department to manage and plan costs associated with workforce management and development, such as recruitment, training, salaries, and benefits. This budget is based on historical data and projected future needs, with the goal of efficiently controlling HR spending.

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