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The Cost of Vacancy: Definition, Process, Formula & Example

HR Lineup

This article explores the definition, process, formula, and provides an example of calculating the cost of vacancy, offering HR professionals a comprehensive guide to managing and mitigating these costs effectively. Recruitment Costs: All costs associated with advertising, interviewing, and hiring.

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Dry promotions: Definition, considerations, and guidelines for employers

Business Management Daily

If you’re not familiar with the term or are unsure whether your company is guilty of using dry promotions in a manner that can hurt employee morale, read up on the definition of the term below and explore some common examples of dry promotions. You shouldn’t be counting on this as a long-term solution. What is a dry promotion?

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What does HR look like in sports? One HR pro shares some of her experience

HR Brew

Barstool is definitely a different breed of company,” she said, likening it to “a little bit of the Wild Wild West” and a “pirate ship.” Ackerman said she’s eyeing mobility and career development frameworks now, cementing pay banding, and “listening for what our people are asking for.” What’s the best change you’ve made at work?

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Virtual Outplacement: How Careerminds Blends People and Technology

Careerminds

In this article, we’ll explore how the outplacement industry has evolved with the future of work, shifting to a new virtual outplacement model, and what new challenges, technology, and opportunities that presents. Thanks to the recent boom in technology–not to mention the global pandemic–everything that can go virtual, is.

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AI in HR: Tools And Techniques For More Effective HR Management

6Q

In this article, we’ll explore how AI tools and techniques can be used in HR management to streamline the processes and activities. AI tools and techniques can revolutionise HR management, making it faster, more efficient, and smarter. That’s the power of AI tools in HR management. Continue reading to learn more.

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The 5 biggest HR tech trends coming your way this year

HRExecutive

As we approach the end of the first full calendar year of living and working in a global pandemic, it’s clear HR leaders will need to adopt technology in new ways to face continuing challenges with hybrid work , vaccine mandates and the Great Resignation. The Great Resignation transforms the standard job interview.

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Employee Engagement: Definition, Purpose, and Importance

WorkDove

More than half of employees interviewed indicate some sort of intent to leave their place of employment, indicating low engagement levels. These processes ensure that employee performance, behaviors, growth, and career development are prioritized immediately upon hiring.