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Talent Management vs. Performance Management: What’s the Difference?

Extensis

Quick look: While the terms talent management and performance management are often used interchangeably, they play different (yet equally important) roles in a company’s human resource function. Talent management is the strategic process of attracting, developing, retaining, and maximizing the potential of an organization’s employees.

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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

In the ExtensisHR 2024 Trends Report, review the top 10 latest industry developments and the steps your business can take to succeed, straight from our internal thought leaders. Quick look: The human resources industry has changed substantially in the last several years—a pattern that will continue in 2024.

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Understanding Talent Analytics: What You Need to Know

Decusoft

Successful businesses understand the importance of good talent. Finding and retaining employees with the necessary skills and experience takes time and money that could be used elsewhere. While this might be practical in the short term, there can be long-term consequences when the right talent isn’t secured.

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Compensation Analysis: The Definitive 2022 Guide

Decusoft

Conducting compensation analysis is a lengthy, necessary project. Companies will want to ensure that their compensation packages remain in alignment with the market — otherwise, they risk losing staff to other businesses that offer higher salaries. . What Is a Compensation Analysis?

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What Is Human Resources?

Analytics in HR

As a function, HR covers the processes, practices, and strategies to attract, develop, and retain employees who contribute to the company’s overall success. Managing Human Resources involves overseeing all aspects of HR, such as hiring, training, compensating, engaging, promoting, and retaining employees.

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Navigating International Relocation and Global Talent Pool

Engagedly

In today’s globalized business world, the talent search has extended far beyond local borde­rs. Recruiters are now targe­ting the global talent pool of candidates from various geographic regions and diverse cultural backgrounds. What Is the Global Talent Pool? The benefits of tapping into the global market are indefinite.

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Emerging Compensation Management Trends for 2024

HRsoft

As organizations strive to attract, retain, and motivate top talent, compensation management continues to evolve. In the year 2024, several trends are expected to shape how businesses approach compensation strategies. Employees increasingly demand fairness and transparency in how compensation decisions are made.