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Headcount Planning: An HR Practitioner’s Guide

AIHR

For example, HR financial planning impacts salary increases, health insurance, and monetary incentives (like sales incentives and retention bonuses). Create a headcount report dashboard to gain accurate information on your current headcount status and key metrics in real-time. Find the right headcount planning tools.

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Best LMS (learning management systems) for small businesses

HiBob

<<Speed up the process with this downloadable LMS RFP template.>> HR teams can use LMS platforms to provide easy access to learning resources, motivate people to take charge of their personal development, and reward achievements with incentives that highlight their progress and contributions. >> 6.

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

cipHR

But among hundreds, if not thousands, of people metrics, what should your HR systems report on? Here are 24 metrics we typically see C-suites asking for most. Let’s explore the metrics we often see C-suites asking HR teams for – first the fundamentals, then more sophisticated reports that power advanced modelling and forecasting.

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How To Create Your Total Compensation Statement Template [FREE Download]

AIHR

It outlines all the financial and employer-paid benefits an employee receives, including bonuses, incentives, retirement contributions, health insurance, paid time off , and other perks like wellness programs or tuition reimbursement. Dont misrepresent compensation value by inflating figures or including perks employees dont use.

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Outsmart Unplanned (and Costly) Employee Overtime

Insperity

Is overtime being used as an incentive or bonus without strategic oversight? Some time and attendance software also provides reporting features so that you have instant insight into your workforce metrics, allowing you to make more proactive (cost-saving) decisions. Root causes of unplanned overtime. Do you need to hire more employees?

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Employee bonus programs: What’s right for your company?

Insperity

Employers usually offer bonuses to employees for a specific purpose (for example, to reward certain behavior or to recognize the achievement of established goals). For employees, bonuses are very popular because they represent an opportunity to earn more money beyond what their salary or hourly rate dictates. How employers benefit.

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Compensation Review: Your 11-Step Guide to a Fair and Effective Evaluation

AIHR

Performance-based compensation reviews: Focuses on employee performance and rewards top performers with raises or bonuses. Its a conscious decision based on factors like how much the organization wants to allocate for salaries in a financial year and how much it wants to invest in pay increases, bonuses, and other rewards.