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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. Equipment and Supplies: The cost of providing employees with necessary tools, equipment, and supplies to perform their job duties efficiently.

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The Collaborative Effort of HR and Procurement

Hppy

HR and procurement processes go hand in hand, even though HR recruits and manages the workforce while procurement caters to all the purchasing tasks involving goods and services. Another extreme can be irresponsible spending on labor which is why monitoring recruitment and expenses should be regulated and contributed by both parties. .

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Guide to Hiring Employees in Kazakhstan

Recruiters Lineup

Efficient recruitment and hiring processes are vital for attracting and retaining top talent in Kazakhstan. Employers can utilize various strategies and channels to identify suitable candidates, including online job portals, recruitment agencies, and professional networks. How to Hire Employees in Kazakhstan?

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12 Strategies for Healthcare Employee Retention for Building a Stable and Satisfied Workforce

Empuls

→ According to a report by NSI Nursing Solutions, the average hospital turnover rate in the U.S. The same report from NSI Nursing Solutions highlighted that the turnover rate for Registered Nurses (RNs) was 18.7% Instituting a robust recognition and reward system can be instrumental in retaining top talent.

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Guide to Hiring Employees in Serbia

Recruiters Lineup

Companies in Serbia recognize the importance of a well-structured onboarding process to set clear expectations, introduce organizational culture, and equip new hires with the necessary tools for success. Technology Integration: In the contemporary workplace, technology plays a crucial role.

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Guide to Hiring Employees in Vietnam

Recruiters Lineup

Key industries include manufacturing, services, agriculture, and information technology. Education and Skills: The education system in Vietnam has been evolving to meet the demands of a modern economy. Job Market Trends: Emerging sectors, such as technology, e-commerce, and renewable energy, are contributing to job growth.

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Guide to Hiring Employees in Lithuania

Recruiters Lineup

Lithuania has a highly educated workforce, with a strong emphasis on STEM (science, technology, engineering, and mathematics) fields. In recent years, Lithuania has experienced steady economic growth, driven by sectors such as IT and technology, manufacturing, finance, and business services.