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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

Bonuses and Commissions: Additional incentives provided to employees based on performance, sales targets, or other predefined criteria. Overtime Pay: Compensation for hours worked beyond regular working hours, often paid at a premium rate. Employees are the backbone of any organization, driving its success and growth.

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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.

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Avoid an HR Headache with these 25 Tips

ExactHire

The expectations business leaders place upon their human resource departments are increasing. Years ago, the role of HR centered around filing employee paperwork, navigating benefits, and a range of activities meant to avoid compliance fines and lawsuits. The times have caught up with the nobler side of human resources.

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Guide to Hiring Employees in the Bahamas

Recruiters Lineup

Here are key points to consider: 1. Employers should be aware of the specific requirements for drafting contracts, including provisions related to working hours, wages, leave entitlements, and termination procedures. Employers must adhere to these standards, ensuring that employees receive fair compensation for their services.

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9 Types of Employment Contracts You Should Know

Analytics in HR

Knowing the proper steps to hire someone is one of the key foundations of Human Resources , starting with understanding the various types of employment contracts. Moreover, they act as a guard against confidential information leaving the company and guide compliance with federal and local regulations.

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HR vs. Payroll: What’s the Difference?

Zenefits

Payroll and HR often work together, but seeing where the line gets drawn can be challenging. With small teams, HR can handle payroll, making the lines even blurrier. If your organization has two separate departments or you want to create them, it’s time to learn the difference between payroll and HR.