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What Is Human Resources?

Analytics in HR

What is Human Resources? Human Resources is both a function and a department within an organization. As a function, HR covers the processes, practices, and strategies to attract, develop, and retain employees who contribute to the company’s overall success. What is HR Management?

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Employee Cost: How to Calculate the Cost of an Employee?

HR Lineup

Direct Costs of Employment Direct costs are the most obvious expenses related to employing staff, encompassing elements directly tied to compensation. These include: Base Salary: The primary component of an employee’s compensation, typically determined by factors such as job role, experience, and market rates.

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4 Different Types of Compensation

ExactHire

There are four different ways to demonstrate to your employees that you appreciate their work using compensation. Today’s HR professionals and company leaders need to leverage all four methods to be effective, too. Today’s top professionals are looking for custom compensation options and flexible earning potential.

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86ing High Turnover: How to Reduce Restaurant Turnover with HR Technology

Netchex HR Blog

DISCOVER: Top HR Trends: Recession, Retention, DEI, and More HR software can help you reduce restaurant turnover and provide more support to current staff at your restaurant by improving your back office processes and enhancing the employee experience. A short staffed restaurant has a harder time satisfying customers.

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Guide to Hiring Employees in Luxembourg

Recruiters Lineup

The contract should include information such as job title, duties, salary, working hours, holiday entitlement, and notice periods. Minimum Wage: Luxembourg has a statutory minimum wage, which is periodically adjusted based on economic factors. As of 2024, the minimum wage stands at [insert current minimum wage amount] per month.

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A Complete Guide to Hiring Employees in Hong Kong

Recruiters Lineup

This guide aims to provide a comprehensive overview of the key aspects of hiring employees in Hong Kong. Key Provisions of the Employment Ordinance 1. Key Provisions of the Employment Ordinance 1. Wages and Working Hours: The EO addresses the fundamental aspect of employment – wages.

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Building An HR Department: A Step-By-Step Guide

HR Tech Girl

Building an HR department is an exciting and challenging undertaking that will help your company grow and perform better, but it takes a thorough approach, patience, and strategic thinking. Lay faulty foundations of your HR function and you risk witnessing your business struggle over time or failing to reach the targeted success.