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How to capture institutional knowledge

Insperity

When your employees stay in the same role for extended periods, they accrue institutional knowledge – or information and understanding about the systems, relationships and tactics that make your company run optimally. That is, unless you have a system for regularly capturing institutional knowledge. Succession planning.

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How to create a business plan that helps optimize your HR strategy

Insperity

A written plan is the foundation for a successful business launch, major expansion or change in direction. But writing an effective business plan can be a challenge, starting with the structure your plan should take. What, you might ask, does creating a business plan have to do with human resources (HR)?

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5 steps to kick-start your succession plan via your org chart

Insperity

When used properly, it’s a living document that you can leverage as a powerful workforce-planning tool. It helps you make staffing decisions that spur growth, including those involved with succession planning. Let’s explore the link between your organizational chart and succession plan. You need a succession plan.

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Checklist for HR Department: A Step by Step Guide

HR Digest

Create a business staffing plan. Having a long term hiring plan as the business expands is a good move. You need a system. Having a fair idea of the salary structure within the company and a comparative document to contrast it with similar positions in the market is helpful. Create a compensation and benefits document.

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Workforce Management: Everything You Need to Know

Zenefits

According to CIO Magazine , “Implemented correctly, WFM can help companies reduce costs and improve customer service through consistent and automated monitoring of the workforce.”. Under federal and state wage and hour laws, employers must document their nonexempt employees’ work times, among other things. Compensation planning.

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Human Resource Management Career: 15 Career Paths You Can Follow in HRM

Analytics in HR

According to the Higher Education Statistics Agency, 37% of Human Resources graduates work as HR, training, and other vocational associate guidance professionals 15 months after graduation. HR Administrator The HR administrator is an entry-level role focusing primarily on employee information documentation, managing HR data and systems (e.g.,

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Identity Tech: The Solution for the New World of Work

InfoMart

As we all begin to consider what social distancing will look like for workplaces, the need for digital hiring solutions becomes even more apparent. The answer is simple: by integrating automation and AI technology into your recruitment and background screening programs. Biometric Identity Authentication.