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10 vital HR metrics to track for your business

Business Management Daily

Human resources analytics, a relatively new discipline, is growing at an extraordinary rate and is quickly becoming an essential competency for HR professionals, according to Dr. Michele Rigolizzo, an assistant professor at the Feliciano School of Business at Montclair State University. It’s important in many ways.

COMPAS 59
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Employee Compensation: Everything you Need to Know

Astron Solutions

As an HR leader for your organization, you know that employee compensation is not just something you determine when you hire a new team member and then forget about. Since 1999, we at Astron Solutions have helped growing organizations, including businesses and nonprofits alike , streamline their HR strategies and better manage employees.

COMPAS 59
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A Full Guide to Compensation and Benefits

Digital HR Tech

When you receive a job offer, the first thing you look at is the salary. Whether the recruiter lists the wage as an hourly, weekly, monthly, or hourly rate, candidates see it as the most critical part of any job offer. percent increase in the chance that the employee would stay at the company for their next role, rather than moving on.

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Compensation and Benefits

Analytics in HR

Together, they make up a total compensation package, which may include salary, bonuses, insurance, retirement contributions, and various other perks aimed at attracting, motivating, and retaining employees. HR uses compensation to attract top talent and boost retention rates. This money is subject to taxation.

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The 100 HR Indicators Every Manager Needs to Know

EmployeeConnect

Recruitment #5. Retention rate: measures the percentage of employees that is still employed at the end of a given period. 4 – Recruitment Indicators Average cost per hire: measures the average amount spent to recruit a new employee. Demographic #2. Organisational Structure #3. Productivity #4.

COMPAS 100
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AI 101: What is Artificial Intelligence and What Does It Mean for HR?

Visier

At its core, AI is the science of training systems to emulate human tasks. In short, today’s AI technology is getting better at emulating human decision making. It’s only because of rules and data provided by humans that AI can make decisions at all. So what is AI? AI for Human Resources.