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Building a better talent development strategy for your business

Business Management Daily

One of the hallmarks of effective future-proofing is having a process in place to select and develop talent within an organization to prepare employees to manage it in the future. Talent development programs help recruit strong talent and keep them on track to build the skills necessary to lead the company.

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HR acronyms and abbreviations you need to know

HiBob

ATD: Association for Talent Development (formerly ASTD: American Society for Training and Development). BWC: Bureau of Worker’s Compensation. CCP: Certified Compensation Professional. C&B: Compensation and Benefits. HCE: Highly Compensated Employee. HCM: Human Capital Management.

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Top 10 HR softwares for small businesses

Homebase

It has a wide range of popular features and also lets users manage health and financial benefits, as well as linking human resources tools with payroll and timesheet tracking. Talent management with performance reviews, feedback surveys, learning, and staff perks. Learning management: Added learning and training bundle.