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What is the Difference Between HRM and HRD?

HR Lineup

It encompasses various functions such as recruitment, selection, training, performance appraisal, compensation, and employee relations. The primary objective of HRM is to maximize employee performance to achieve the organization’s goals effectively and efficiently.

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How to Navigate the Minimum Wage Debate in Employee Relations

LaborSoft

Let’s explore how to navigate the minimum wage debate when dealing with employee relations in your organization. The pros and cons of raising the minimum wage range from greater labor stability and reduced turnover to soaring inflation, increased labor costs, and inflated operating expenses.

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Employee Engagement and Retention – Are They Connected?

Terryberry

Employee engagement and retention are frequently associated with each other. During the Great Resignation , organizations began to take an in-depth look at their engagement, retention, and recruitment strategies. Companies should focus on driving performance and retention through employee engagement.

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What Is Talent Relationship Management? The Process in 7 Steps

Analytics in HR

Lower employee turnover: Because you hire higher quality candidates due to good cultural fit, employees stay longer because the company values resonate with theirs. HR’s L&D staff creates customized learning programs to suit employees’ interests, needs, and career trajectory goals.

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HR Risk Management: A Practitioner’s Guide

Analytics in HR

Retention – Conceding the inevitability of particular risks because avoiding them poses more cost/risk than the loss. Matters such as turnover, employee burnout, employee relations, workplace conflict and harassment, and lack of employee engagement all have the potential to negatively impact the company and prevent it from thriving.

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

Analytics in HR

Learning and development: HR helps with employee career development to help upskill employees and address skills gaps. Employee relations: HR provides accurate and timely information to employees to build good working relationships and boost employee engagement and retention.

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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. HR is vital in aligning the organization’s business objectives and employees’ needs and aspirations.