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What are some VTO policy best practices?

Best Of HR

What is the best practice for a VTO, or voluntary time off policy? From “Using Data to Manage Scheduling” to “Track & Report Results”, there are several insights that may help you with VTO best practices in forming a voluntary time off policy. Use Data to Manage Scheduling.

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How To Create an Attendance Policy in 2023 (Includes Company Examples)

Analytics in HR

The annual costs related to lost productivity are in the region of $84 billion. To keep employees accountable, HR should develop an employee attendance policy, also known as a time and attendance policy – a set of guidelines and rules to regulate employee attendance and punctuality. Contents What is an attendance policy?

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HR Departments Should Have Data Policies

HR Bartender

Human resources departments are filled with data. This data includes addresses, health information, and social security numbers. HR has assessment data and information from drug/criminal/credit background screening. They have data about vendors – past, current, and future. HR needs to assess data risk.

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Is a post-COVID remote work policy right for you?

Business Management Daily

Others are wondering if they’ll even really need an office at all after two years of their team working remotely without a loss of productivity. Deciding on the best course policy for your workplace can be tricky. If you’re still debating what your remote work policy should look like, you’re not alone. Fully remote work.

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Up Your Analytics Game: How to Empower People to Take Action

Speaker: Tom Davenport, President’s Distinguished Professor of Information Technology and Management, Babson College

HR leaders in Financial Services are adopting the use of data and analytics faster than many other business functions and job roles. In fact, in a recent survey of 450 Financial Services professionals, 95% of respondents agreed that better integration of HR and Finance data was a top priority for the year. Why is this so important?

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Designing Flexible Work Policies for a Multigenerational Workforce

Hppy

Use smart policies to tap into this demographic diversity as an engine for growth. Based on these data, older adults are projected to be the fastest-growing demographic in the workplace over this period. This is the result of various governmental policies, like raising the retirement age, but also a change in perspective.

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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

This has a significant impact on organizational performance , leading to as much as a 25% rise in business productivity, a 50% decrease in attrition rates, and an 80% increase in recruiting efficiency. HR analytics, also referred to as people analytics or workforce analytics, involves gathering, analyzing, and reporting HR data.