New Delhi, June 12: A recent industry report indicates that more than 94 per cent of companies in India are now using payroll and compensation data to guide hiring and employee retention decisions.
The findings suggest that organisations are increasingly relying on data-driven workforce planning to improve talent acquisition, salary benchmarking, and retention strategies in a competitive labour market.
According to the report, payroll analytics is becoming a key tool for employers to understand compensation trends, identify skill gaps, and design more effective employee engagement and retention policies.
Industry experts note that the growing adoption of HR analytics reflects a broader shift towards digital transformation in human resource management, with companies integrating technology into decision-making processes across functions.
The report further highlights that firms using payroll insights are better positioned to respond to workforce demands, reduce attrition, and align compensation structures with market standards.
Analysts expect the trend to strengthen further as organisations continue to invest in data-driven HR systems and workforce intelligence tools.