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10 vital HR metrics to track for your business

Business Management Daily

Rigolizzo about what HR professionals need to know about this vital tool. Dr. Rigolizzo: Particularly within HR, data analytics is essential and not something HR has traditionally used as a key tool, but the use of data to make decisions is becoming commonplace, and therefore HR data analytics careers are in high demand.

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Ask Visier: How Do You Determine if Your Organization Pays Equitably?

Visier

Ask Visier is a weekly column where a people analytics expert dives into one of the 2000+ business questions available in Visier and shares how to take action on the answers you might uncover on that topic. How Visier helps you achieve pay equity. The post Ask Visier: How Do You Determine if Your Organization Pays Equitably?

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Workforce Planners: 4 Steps to Improving Profit Margins for Services

Visier

Professional services firms face a delicate balancing act in determining how to best staff a client project. In these cases, the client may be able to perform the work itself, but hires the firm because it can perform the service more efficiently. Assign too many junior people, and client satisfaction may suffer.

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The Case for Automating Human Resources

Corn on the Job

For instance, one study published in Information Systems Research (ISR) involved assessing data taken from two different hospitals over a 3-year period. In this case, researchers found that automation of control systems was a major factor in reducing error rates. Another way to automate HR deals with the hiring process.

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Compensation and Benefits

Analytics in HR

This amount is negotiated during the hiring process and agreed upon before the employment contract begins. Every new hire should receive a clear report of their compensation package and know who to contact if they have any questions. It is typically an annual or monthly salary or an hourly rate.

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Making Your First Hires: 7 Steps Every Startup Should Follow

Linkedin Talent Blog

And one of the biggest challenges any start up company faces right from the “giddy up” is hiring. To help, I’ve put together a list of how you can plan for, interview, and hire your first recruits based on my experience starting my own company–and helping many others grow their own. Think about hiring holistically.

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The Compensation and Benefits Manager – A Full Guide

Digital HR Tech

Compensation and benefits manager job description How to become a compensation and benefits manager Compensation and benefits manager salary Compensation and benefits manager job description PDF FAQ. Your relationship to this midpoint is called a compa-ratio. The aforementioned compa-ratios can be compared to performance metrics.

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