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What Is Human Capital Management & Why Is It Important?

HR Tech Girl

You’ve probably heard someone in a leadership position say, “Our employees are our greatest asset,” at one time or another. The practice of human capital management, or “HCM” for short, has become increasingly prevalent in the last few decades. Definition of human capital and human capital management.

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5 Employee Development Trends in Human Capital Management

Inpower Coaching

The rapidly evolving human capital management (“HCM”) field is full of innovation and change, and there are some great ideas out there you can adapt to your own team’s development. The book Awakening Compassion at Work by Monica Worline and Jane Dutton released earlier this year is a good example.

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Top 10 staff management software solutions in 2023

Homebase

Spreadsheets and calculators may have served you well in the beginning, but as your small business has grown, you’ve likely realized how error-prone analog systems are for staff management. And when it comes to taking care of human resources and administrative tasks, you can’t take chances with discrepancies and mistakes.

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Top 10 staff management software solutions in 2023

Homebase

Spreadsheets and calculators may have served you well in the beginning, but as your small business has grown, you’ve likely realized how error-prone analog systems are for staff management. And when it comes to taking care of human resources and administrative tasks, you can’t take chances with discrepancies and mistakes.

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PeopleStrategy® Introduces BrokerView: Client Management and HR Technology on a Single Platform

PeopleStrategy

Atlanta-based provider of human capital management (HCM) solutions empowers benefits brokers with an integrated client management tool that includes access to a comprehensive HCM suite. PeopleStrategy, Inc.® Brokers used to be able to differentiate themselves by simply offering a benefit enrollment system.

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Can you outgrow a PEO? Why middle market businesses partner with PEOs

Insperity

At the same time, you may find yourself navigating whether to continue growing or sell your company. If your HR department is tied up with those basic functions in a growing business, then they will have limited time to work on more strategic initiatives such as: Leadership development Employee recruitment and retention Employee engagement.

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A Brief on Employee Experience vs. Employee Engagement

Payactiv

In business and human capital management circles, there’s often talk of “employee experience” and “employee engagement” when the subject of employee satisfaction comes up. As we discussed earlier, employee experience isn’t a “point in time” concept; it’s a circular, ongoing process.