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10 vital HR metrics to track for your business

Business Management Daily

Human resources analytics, a relatively new discipline, is growing at an extraordinary rate and is quickly becoming an essential competency for HR professionals, according to Dr. Michele Rigolizzo, an assistant professor at the Feliciano School of Business at Montclair State University. It’s important in many ways.

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Employee Compensation: Everything you Need to Know

Astron Solutions

As an HR leader for your organization, you know that employee compensation is not just something you determine when you hire a new team member and then forget about. It’s crucial that your organization’s compensation plan both motivates employees and sets the foundation for their own individual advancement.

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7 Compensation Issues and How to Fix Them

Analytics in HR

Hence, your Human Resources and/or Compensation & Benefits department must ensure the compensation you offer to your employees is appealing enough to keep your team happy. Considering competency-based pay. So how do you identify and fix compensation issues? Executive compensation. Let’s dive in!

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Why Internal Mobility is Key to Building a Diverse Workforce

Visier

But often, leaders “miss opportunities to unleash diverse talent at lower levels,” states DDI’s recent diversity & inclusion report , which analyzes responses from over 17,000 human resource executives and leaders globally. This could explain why representation levels are unbalanced for so many organizations.

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Compensation and Benefits

Analytics in HR

For example, perks like bonuses, stock options, 401k matches, pension plans, paid time off , and even free lunches are all attractive to different people and make up an essential part of the compensation and benefits package. HR uses compensation to attract top talent and boost retention rates. This money is subject to taxation.