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How to Become a Human Resources (HR) Manager: The Definitive Guide

Analytics in HR

According to the Bureau of Labor Statistics , the projected job growth in the United States for Human Resources Managers in the next decade is 8%, so if you’ve ever wondered how to become a Human Resources Manager, you’ve come to the right place! What does a Human Resources Manager do?

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Summer, a workplace student loan solution, closes a $9 million funding round

HR Brew

The fundraising round comes on the heels of news that Summer will partner with ADP to offer student loan retirement matching to the human capital management firm’s 401(k) clients. Sealy co-founded Summer in 2017 after spending two years working as a student loan policy expert for the Consumer Financial Protection Bureau.

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Employee Experience: A Complete Guide for HR

Analytics in HR

Employee experience is the HR equivalent of customer experience. The customer experience is an “outside-in” approach in which the customer has a central role in product and marketing-related decisions. Selling products and services that customers will buy requires empathizing with them and focusing on what they want.

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Health savings accounts: Not your parents’ retirement plan

HR Morning

With the rise in health savings account (HSA) enrollment among younger employees and the decline in company matching rates of 401(k)s, HSAs have emerged as a retirement account option for new employees. Retirement is the farthest thing from your mind because, let’s face it, that’s a lifetime away. You’re young.

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What is the difference between employee turnover and employee attrition?

DailyPay

Both attrition and turnover decrease the number of employees on staff, but attrition is typically voluntary or natural — like retirement or resignation. With turnover, HR is tasked with replacing employees, whereas spots left open from attrition may remain unfilled. In 2017, the Bureau of Labor Statistics (BLS) found that 15.1%

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Highest Employer-Sponsored Retirement Participant Deferral Rate Reached in 2017

HR Daily Advisor

Automated features now standard for most employer-sponsored retirement plans helped bring about a record 8.3-percent percent average participant deferral rate in 2017—the highest level in a decade, according to a recent T. Rowe Price plans had a 6-percent default deferral last year, compared with 31.9 Rowe Price study.

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Masterful Succession Planning: Avoid These 6 Costly Mistakes 

Accendo Technologies

Succession planning is a critical component of business, yet many C-suite executives struggle to create effective plans, leading to disruptions when leaders depart. This blog delves into the importance of comprehensive succession planning, the challenges that arise, and the common mistakes to avoid.