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Enhancing Decision-Making in HR: Unveiling the Significance of Governance Reporting

EmployeeConnect

HR governance reporting or risk management reporting serves as a crucial instrument that empowers organisations to assess and oversee their performance effectively. To harness the benefits of this tool, it is essential to leverage advanced tools and analytics to streamline the process. So, let’s dive into the specifics!

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From Compliance to Talent Management: The 15 Essential HR Responsibilities

Analytics in HR

This article offers a deep dive into HR’s responsibilities. HR also designs performance management systems that support strategic goals. This may include policies on equal employment opportunity , anti-discrimination, harassment prevention , compensation, benefits, and working conditions.

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The Compehensive Dictionary of HR Terms To Know [In 2024]

Analytics in HR

This article unpacks 93 HR terms, including a usage example for each. As for the latter, this article is a great place to start. HR term example: “The HR department analyzed the compa ratio to assess the fairness of our salary distributions.” Learn more What Is Human Resources? ” 13. ” 14. ” 15.

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Why Is Human Resources Important? 8 Top Reasons

Analytics in HR

This supportive environment and positive work culture have increased employee productivity, satisfaction, and retention. A recent Deloitte Review found that organizations with strong cultures experience 40% higher employee retention and 30% higher levels of innovation.

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Talent Acquisition

Analytics in HR

Talent acquisition responsibilities include developing a strong candidate pipeline, developing employer branding , identifying, assessing, and hiring candidates to fill open positions, future resource planning, and diversifying the labor force. Doing this well leads to lower turnover, higher productivity, and increased engagement.

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What Is DEI Training? Your 101 Guide in 2024

Analytics in HR

From recruitment and retention approaches to leadership development and policy implementation, DEIB enhances organizations’ functions. In this article, we explore the significance of DEIB training as a strategic investment that unlocks the full potential of both individuals and organizations.

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Attracting and Retaining Employees: Tips for Small Businesses

Stratus

While turnover is expensive for all employers, losing even just one employee is particularly costly to small businesses who have fewer workers already. You can diagnose a manager problem by tracking your turnover metrics and determining if a specific department has a high turnover rate, or perhaps through exit or stay interviews.