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6 Workforce Metrics with Significant Financial Impact

UKG

Knowing which metrics and measurements to focus on is a perennial challenge for CFOs and finance departments, and the current state of workforce management makes it that much trickier. That has also changed the way we will consider which metrics matter most in the near future. Health and safety.

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Human Resources Director: Job Description, Skills & Salary

Analytics in HR

Being a mediator between the management and staff in conflicts or disputes, as well as the ever-evolving employment laws and changes in the labor market, adds to the uniqueness and complexity of this role. It covers topics like hiring and retention of employees, employment law and compliance, compensation, and benefits.

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15 Job Titles for Human Resources: A Comprehensive HR Job List

Analytics in HR

Companies will also look at those with economics, statistics, or analytics backgrounds. Beyond formal education, you can consider increasing your data analysis expertise by enrolling in courses and programs, such as AIHR’s People Analytics Certificate Program , or HR Metrics & Dashboarding Certificate Program.

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

Analytics in HR

Performance management : HR managers facilitate performance evaluations, establish performance goals and metrics, provide feedback, and implement performance improvement plans when necessary. The size and composition of the HR team can vary depending on the size and complexity of the organization.

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HR Generalist Job Description: Everything You Need to Know

Analytics in HR

Furthermore, providing advice on employment legislation and keeping up-to-date with employment law while maintaining cordial relationships with internal and external stakeholders. Leveraging people analytics and reporting techniques to understand people management indicators. Data literacy. Labor relations management.

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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

Analytical and data-driven : HR provides data-driven insights to executives, enabling the organization to measure and meet its strategic goals. HR analytics : HR gathers and analyzes employee data related to employee performance, engagement, turnover, and other relevant metrics to make strategic decisions.

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9 Best Recruiting Certifications & Certificate Programs for 2024

Analytics in HR

To get certified, you must demonstrate your knowledge of employment laws and the legal implications of the work of direct-hire and temporary staffing professionals. It also has additional modules dedicated to topics like advanced sourcing skills and performance metrics. Live courses are also available upon request.