article thumbnail

How To Perform an HR SWOT Analysis

Analytics in HR

An HR SWOT Analysis enables the HR team to gain a clear view of internal and external factors impacting your operations. A thorough analysis of strengths, weaknesses, opportunities, and threats will prepare you to create effective HR strategies. Contents What is a SWOT analysis? Why should HR perform a SWOT analysis?

Analysis 135
article thumbnail

Are You Tracking Gobal Payroll Metrics?

Immedis

Payroll is increasingly under greater pressure to deliver data and in volumes and categories often overlooked. While producing reports is not exactly a new phenomenon to payroll professionals, what is new is the breadth and depth of reporting now requested. We know that most payroll professionals understand the importance of data.

Payroll 83
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

HR vs. Payroll: What’s the Difference?

Zenefits

Payroll and HR often work together, but seeing where the line gets drawn can be challenging. With small teams, HR can handle payroll, making the lines even blurrier. If your organization has two separate departments or you want to create them, it’s time to learn the difference between payroll and HR. What are HR functions?

article thumbnail

How to Leverage Powerful 4-Phase Workforce Planning with HR Analytics

Hire Road

Without workforce planning, businesses can easily become overstaffed with excessive payroll expenses or understaffed and unable to meet customer or client needs. Workforce planning breaks down into four main elements: Supply Analysis Demand Analysis Gap Analysis Solution Analysis Let’s dive in.

article thumbnail

Which HR Roles are Most Likely to Be Replaced by AI?

Engagedly

Let’s start by talking about a real-world example. A deeper analysis reveals that HR administration job roles face a 90% likelihood of automation. The automation of data collection, analysis, and reporting can free up HR professionals to focus on strategic initiatives rather than spending time crunching numbers.

article thumbnail

Tips to help you streamline HR tasks

PeopleStrategy

Right now, for example, you may be wrapping up open enrollment , ensuing all employees have enrolled in – or waived – coverage. At the same time, you are probably trying to review employee data and payroll records in preparation for year-end reporting, tax filing and setting up the first payroll of 2020.

article thumbnail

Beginner’s Guide to Collecting and Analyzing HR Metrics

Homebase

For example, if employee retention is your aim, prioritize turnover rates and employee feedback over less relevant metrics like training attendance. For example, a good employee retention rate is generally considered to be 90% or higher, aiming for a turnover rate of 10% or less.