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Choosing the Right Succession Planning Solution: Finding the Perfect Fit for Your Organisation (Top 5 Tools in 2023) 

Accendo Technologies

Succession planning is essential for organisations to ensure smooth leadership transitions and continuity. Table of Contents Introduction Why Succession Planning is Important How to Choose the Right Succession Planning Solution? How would your company cope?

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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

Example: Developing an algorithm that predicts what type of onboarding a new hire will need according to their experience and skill level.) HR analytics in recruitment at Google Multinational technology company Google embraced predictive analytics in its recruitment efforts to reduce costs and shorten the hiring process.

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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. HR is vital in aligning the organization’s business objectives and employees’ needs and aspirations.

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Turnover vs Attrition Explained

Peoplebox

Retirements: On reaching retirement age, an employee may have to quit the workforce. Noncompetitive compensation packages: How do your total rewards compare with industry benchmarks? Employee attrition refers to the slow reduction of a company’s workforce through voluntary departures, retirements, or position eliminations.

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Employee Turnover vs Attrition

HR Lineup

This includes voluntary resignations, retirements, and dismissals. It extends beyond resignations and retirements to include employees leaving due to natural causes, disability, or other non-volitional reasons. Aging Workforce and Retirement: As the workforce ages, organizations may experience attrition due to retirements.

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24 metrics your C-suite expects your human resource management software to report on

cipHR

One of the benefits of human resource management software is the control and visibility it gives over your people data. But among hundreds, if not thousands, of people metrics, what should your HR systems report on? Rewind 10 years or so, and many organisations still relied on pen-and-paper or Excel-based systems for managing HR.

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21 Highest-Paying HR Jobs in 2023

Analytics in HR

Skills required to earn within the 75th percentile: Human resource expertise: Solid HR knowledge of talent acquisition, performance management, compensation and benefits, employee relations, talent development, and workforce planning. They evaluate the challenges of implementing change and developing solutions.