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A Case for Increasing Your Investment in Human Resources

15Five

Organizations make strategic investments in business functions when they are shown to lead to better results, whether that’s increased attention from prospects, a stronger bottom line, or improved performance across teams. Human resources is a critical function for optimizing your workforce. Its people.

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HR KPIs: Guide, 20 Examples & Free Template

AIHR

HR KPIs are indispensable for organizations that want to improve at managing their people. In this article, we dive into the details of KPIs in HR. In this article, we dive into the details of KPIs in HR. Contents What are HR KPIs? How does HR use KPIs to support organizational needs? Let’s dive in.

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HR efficiency benchmarks: the key to boosting business outcomes

HRExecutive

This year, CEOs are prioritizing growth , technology and the workforce, and HR leaders are focused on initiatives that will drive success in these high-priority areas. However, HR leaders have to balance CEO growth expectations with HR budgets , which are becoming increasingly conservative.

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HR Software and the Future of Workforce Forecasting

EmployeeConnect

And at the heart of this transformation is HR software. Modern HR systems have evolved far beyond their administrative origins. In the past, workforce planning typically involved using spreadsheets and gut feeling to predict headcount needs. Scenario planning is another area where HR software adds strategic value.

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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Back in 2012, the Society for Human Resource Management (SHRM) worked with the American National Standards Institute (ANSI) to create a uniform standard calculation for cost per hire (CPH). I believe the goal of calculating CPH is to provide organizations with a benchmark for their recruiting activities.

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Replacement Planning: 3 Steps to Develop Your Organization’s Strategy

HR Bartender

If there’s one activity that has more of an impact than succession planning, it’s replacement planning. A replacement plan identifies “backups” for positions. Traditionally, it focuses on top-level positions, but it can be done for any key position in the organization.

Strategy 330
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8 ways HR expertise helps facilitate business growth

Insperity

Strategic human resources (HR) will be one of your organization’s greatest assets and supports during this time. In fact, your company’s strategic HR expertise is nothing less than critical in facilitating business growth and helping to avoid common pitfalls and challenges that can plague organizations trying to scale.