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Maximizing Returns: Why Investing in Training is Crucial for Accounting Team Success

Professional Alternatives

The first step in creating a training strategy is to identify the specific skills and knowledge gaps within the accounting team. This can be done through a thorough assessment of individual competencies and a review of past performance. One of the key strategies in team building is fostering a sense of shared purpose.

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Modern Compensation Strategy Best Practices

Bonusly

No matter how large or small your business is or what industry you work in, chances are, you’ve thought about how best to determine compensation for your employees—especially if you are a company or HR leader. They may need some updating to align with the compensation best practices below.

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7 Great Tips For Creating Team Building Activities

Vantage Circle

That pivotal point is the aspect of teamwork and taking measures to improve it by creating team building activities. In today’s globalized world, working as a team is the only way to attain success amidst the crowd. But first, let’s understand a bit about team building activities. What are Team Building Activities?

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Human Resources Career: Pathways for Success

Heyyy HR!

With a multitude of roles and responsibilities under the HR umbrella, job seekers can tailor their careers according to their interests and competencies, navigating through the challenges and opportunities this field presents. What qualifications are needed for a career in HR?

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The Future of Local Work: Small Businesses Win by Putting People First

Homebase

Community over corporations: Small businesses compete for top talent by putting people first. Not surprisingly, our survey finds that compensation is king: When asked what one thing their employer could offer to make them more engaged, nearly half of current employees (49%) chose “10% higher salary.”

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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

Compensation and benefits : HR ensures that employees are well cared for by giving them competitive salaries and benefits. For instance, HR professionals often negotiate compensation, and negotiation skills are valuable in sales and contract management. When the candidate is finally selected, HR prepares the job offer and onboard them.

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18 Must-Have Onboarding Documents (+ Free Templates)

Analytics in HR

While it does not carry the legal weight of an employment contract, it does outline compensation and benefits , responsibilities, and start date to help the candidate make an informed decision whether to accept or decline your position. The 60-day plan builds on this by introducing more complex tasks and tracking early performance indicators.