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What Is Human Resources?

Analytics in HR

What is Human Resources? Human Resources is both a function and a department within an organization. As a function, HR covers the processes, practices, and strategies to attract, develop, and retain employees who contribute to the company’s overall success. What is HR Management?

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The Impact of AI on Employee Recruitment and Retention

Hppy

HR no longer struggles with administrative tasks and retaining talented employees. 43% of HR professionals are already aware of and using this powerful tool , which significantly reduces talent loss while revolutionizing strategies with precision and effectiveness. By 2030, the global AI market will be worth $1.8

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Strategic Workforce Planning 101: Framework & Process

Analytics in HR

Strategic workforce planning enables HR and business leaders to identify and anticipate their workforce needs and challenges and take action to ensure the organization is prepared to succeed not only today but in the future. Contents What is strategic workforce planning? It is conducted by HR but led by business and HR leaders.

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Compensation Analyst: All You Need to Know About the Role

Analytics in HR

A compensation analyst works within the Compensation & Benefits or Human Resources department and their role is to help organizations develop fair compensation structures to attract and retain employees by analyzing various data. Bureau of Labor Statistics, employment of compensation analysts is projected to grow by 10% by 2030.

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Generative AI for B2B Audience Targeting

marenated HR

With global estimates predicting that up to 26% of total economic output by 2030 could be generated with Generative AI, now is an opportune time for businesses and their employees alike to get up-to-speed on this invaluable source of productivity. According to the 2023 AI Marketing Benchmark Report , 42.2%

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13 Tried-and-Tested DEI Initiatives To Implement [in 2023]

Analytics in HR

HR uses an equity dashboard (powered by Tableau) to see real-time data on representation, attrition, and promotions by race and gender. DEI experts and HR specialists have developed a proven tool called Objectives and Key Results (OKR), collaborating with ERG employee representatives to drive meaningful impact.

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The Future of Talent Management: Urgent Tipping Points and Shifts Needed to Succeed

Analytics in HR

Only 13% of HR leaders rate their talent management practices as ‘excellent,’ while 70% of HR leaders rate their organization’s ability to address their talent needs as ‘mediocre.’ It is estimated that the global talent shortage will continue to rise to an 85 million person shortfall by 2030.