HR Reporting Trends

The HR Reporting or HR Controlling are extremely important for the future of Human Resources and the whole organization. They collect a lot of data and they produce the HR Analysis with the value added to the HR Management and top management of the organization. Or, they should do so. The HR Reporting offers the evidence of the efficient performance of the organization and reports the gaps to be filled. The HR Reporting is usually a small part of HR Team, but it can influence the job of all the employees in the HR Team.

The HR Reporting is usually a bit separated from other reporting units in the organization and the modern trend is HR Reporting is about connecting the people related measures with the financial data of the whole organization. The HR Reporting unit has to build a common database with the Finance Controlling and Financial Planning and Analysis to bring the results with a higher value added.

Historically, the no-confidence existed between HR Reporting and Financial Analysis as the data from Human Resources were too soft for them. The Finance Department did not trust to the data as they changed too frequently and it was very hard to explain the trend.

Building the trust in the data from HR Reporting is a goal for Human Resources. The data without a trust does not exist and they are always discussed. The HR Reporting has to cooperate with the Finance Department as they can trust to the presented results. When the HR Reporting has a trust of Finance, nobody from the top management will not discuss the presented numbers and recommendations.

The HR Reporting has to shift from the reporting function to the function with sophisticated recommendations to the top management. The recommendations from HR Reporting can hugely influence the future of the organization and the managers will start to ask for the opinion of Human Resources and its perspective.

The HR Reporting will be a heart of HR Team and the HR Front Office will start to ask for the results of its analyses as they can make a good recommendation to the internal clients.