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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Here, we summarize the report’s 10 key points, from the need to focus on an increasingly diverse workforce to the growing role of artificial intelligence (AI) in HR. You may also download the complete report , which provides more in-depth information and actionable guidance. Take, for instance, the role AI plays in recruiting.

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20 HR Metrics To Consider Adding to Your Company’s KPIs

Pingboard

For that reason, they’re also referred to as HR key performance indicators (KPIs). . As you’ll see, HR metrics include a wide range of core and non-core areas like: . Retention . Recommended Reading: Why is HR Important? Tracking and analyzing HR efforts empowers organizations from top to bottom. New Hire Turnover.

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Your HR budget: 6 line items to prioritize right now

Insperity

Your human resources (HR) budget encompasses a wide variety of initiatives directly impacting your people and, therefore, your business success. In this complex landscape, which HR trends do you need to be aware of? In a tight labor market, salary increases are simply a savvy move to remain competitive and combat turnover.

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Why do HR strategies fail? 8 common mistakes

Insperity

Think of it as your company’s road map for how you will leverage people to intentionally and proactively: Avoid potential problems Solve present and anticipated future challenges Support the workplace culture Achieve goals When executed well, HR strategy is a vital part of any business’s pathway to success.

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HR Metrics: What They Are & Why They’re Important

Genesis HR Solutions

Are our employee training programs effective? The trouble is, there are thousands of KPIs that an HR pro can potentially monitor, so it can be hard to decipher which are most important and then figure out how to track them. Avoid this mistake—and cover your HR bases—by ensuring your employee handbook contains all it should.

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5 ways a PEO can serve as a strategic partner for midsize businesses

Insperity

HR leaders can quickly become consumed with new complexities in compliance, benefits administration and employee relations issues stemming from a larger workforce. In addition, challenges around leadership development, recruitment, retention of top talent and employee engagement become increasingly complex as the business grows and evolves.”

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The Impact Of Machine Learning In HR

Hppy

Improvements in natural language processing (picture Alexa or Siri on steroids) have already enabled bots or intelligent chatbots to handle a number of HR functions. This will free up the HR staff to allocate more time and resources to all important human interactions and work on more strategic projects. Reducing staff-turnover.