article thumbnail

What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources also refers to the workforce or people employed in an organization.

article thumbnail

HR trends 2024: what can you expect?

cipHR

2023 was a busy year for HR professionals. In this article: HR trends 2024 Which trends are affecting UK organisations and their HR teams the most? Will organisations increase their investment in HR technology? Which areas of HR functionality will organisations invest in? What will be the major drivers behind HR tech investment?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Rising Wages: Time to Know Your Total Cost of Workforce (TCOW)

Visier

This includes a $15/hour minimum wage, sick time, vacation, a $4,000 new child benefit for new parents who don’t receive paid parental leave, among other things. Changing Cost of Workforce: There Are Decisions to be Made. And as a recent Economist article indicates, the market is taking notice. Considering Increasing Pay?

article thumbnail

Why Is Human Resources Important? 8 Top Reasons

Analytics in HR

Knowing why HRM matters requires a holistic approach and learning how it affects your organization’s success and growth. Let’s explore how HR supports and nurtures an organization’s most critical asset – its workforce. Contents What is HR? What is Human Resources Management (HRM)?

article thumbnail

The Casual Workforce: How To Keep Zero-Hour Workers Coming Back

Hppy

Earlier this year it was reported that the rise of zero-hour contracts (or ZHCs) has finally reached its peak in Britain. These casual work agreements absolve both employees and employers from committing to a fixed number of working hours, and have been endlessly torn apart in the press. Why do people want zero-hour contracts?

article thumbnail

Minimum Wage Increase: The Positives and the Pitfalls

Paycor

Adjusted for inflation, the federal minimum wage peaked in 1968 at $12.22 (in 2018 dollars). Yet, the current federal minimum wage has remained stagnant at $7.25 per hour for more than a decade even though the cumulative rate of inflation has risen more than 17%. Eighteen states and localities raised their minimum wages in 2018.

article thumbnail

7 Retail HR Challenges of 2022 and How to Overcome Them

Analytics in HR

Scheduling and workforce planning 4. A survey by Zipline found that a staggering 42% of retail associates are either considering or planning to leave the industry. grocery chain Sam’s Club offers stock purchasing plans, parental leave, and assistance with college tuition. Employee safety 3.