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HR’s Guide to Analyzing and Lowering Attrition Rate

Analytics in HR

Compensation also covers other financial incentives like bonuses, commissions, and annual increases. And the continuous growth of e-commerce and online services means hiring more individuals to perform online and logistic support. Employee performance metrics. Factors impacting attrition Internal factors 1.

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What’s a merit increase, and should your business use them?

Business Management Daily

Retaining top performers has become a serious challenge for recruiters in recent years. During a quarterly or annual performance evaluation , an employee’s manager will go over their goals, quotas, and other important metrics. They’ll receive a merit increase if they meet all their performance metrics (or exceed them).

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2017 Annual Recruiting Survey

HR Daily Advisor

The HR Daily Advisor research team conducted the 2017 Annual Recruiting Survey in January 2017. Recruiting is one of the hottest issues for HR professionals (and recruiters, of course) largely thanks to an improving economy and low unemployment rates. We wanted to take a snapshot of the recruiting landscape with this survey.

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List of A-Z Human Resource (HR) Jargons

HR Lineup

From recruitment and performance management to training and labor relations, HR jargons are used to describe various processes, functions, and concepts within the realm of human resources. Applicant Tracking System (ATS): An ATS is a software application used to manage and automate the recruitment process.

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How To Create Effective Warehouse Incentive Programs

Fond

Warehouse workers are among the most in-demand employees , according to a recent LinkedIn report, thanks to the boom in e-commerce in the wake of the pandemic. Adia, a staffing platform that specializes in warehouse recruitment, suggests that the reasons for exceptionally high turnover in the warehouse sector include: .

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What AI Has to Say About the State of Employee Recognition

Semos Cloud

image by Dall-E. Rewards, on the other hand, can be tangible incentives such as bonuses, gifts, or additional time off. AI : Taxation issues can arise with companies’ recognition and rewards programs if the rewards and incentives offered by the program are considered taxable income by the relevant tax authorities.

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10 Employee Incentive Programs to Engage Your Team

Achievers

Incentives give employees something to strive for and provide tangible acknowledgement of their great work. When an incentive is offered, 85 percent of workers feel more motivated to do their best. If you’re interested in discovering the most impactful employee incentive programs available for your organization, read on.