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What is an Organizational Chart?

OneDirectory

Succession Planning : By analyzing gaps in the org chart, HR can identify strategic roles to prepare successors for. Title and Compensation : HR uses org chart hierarchies to benchmark jobs and ensure internal equity in titling and pay. Staffing and Recruitment : Org charts help managers identify headcount needs on their teams.

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How to Develop a Staffing Planning (With Staffing Plan Example)  

Analytics in HR

Used as a model, a staffing plan is a detailed illustration of the organization’s talent pool. It highlights the roles needed in each business unit, the required skills and competencies, succession planning, staffing budget, and ongoing development.

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8 Questions to Ask for Effective HR Reports

EmployeeConnect

It’s critical to evaluate staff strengths and weaknesses, training, education and the company’s current and long-term needs to determine which information and benchmarks are critical for defining progress or indicating that remediation is needed. Do we agree on definitions?

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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. Can help the organization save money by optimizing recruitment processes or decreasing employee absenteeism or turnover.

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Measuring HR: Bringing People Analytics to Human Resources

Zenefits

Today’s HR professional is beginning to reap the benefits of the data collected from every step of the employee experience, from recruitment to retirement. Recruitment. With AI at the helm, recruiters are honing in on top candidates with platforms that sort through thousands of resumes to find the best talent available.

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Banking Industry Plans to Increase Hiring, Salaries in 2018

HR Daily Advisor

The survey, which compiled data from 375 banks, also shows salary and bonus benchmarks for 263 job positions. For the first time since the Great Recession, more than half of the banks surveyed said they plan to increase total employment during the coming year, either through normal growth (42%) or through expansion (13%).

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Employee Turnover vs Attrition

HR Lineup

Regular salary reviews, benchmarking against industry standards, and a comprehensive benefits package can help address this issue. An aging workforce can lead to a knowledge vacuum, emphasizing the need for succession planning to ensure the smooth transfer of expertise to the next generation of employees.