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HR Audit: Meaning, Importance, Types, Process & Benefits

HR Lineup

Human resources (HR) serve as the backbone of any organization, driving its success by managing the most valuable asset—its people. It involves a thorough review of HR functions, including recruitment, training, compensation, performance management, employee relations, and regulatory compliance. This is where HR audits come into play.

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What Is a Retention Bonus? (How to Use It Correctly in 2024)

Terryberry

Today's modern workforce doesn't seem to like staying in place too long, which can be bad for business, culture, and bottom lines. Replacing an employee can cost one-half to two times the employee's annual salary (and that's on the conservative side). That's where a retention bonus can come in handy. What Is a Retention Bonus?