Remove Employment Law Remove Metrics Remove Staffing Remove Wellness
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6 Workforce Metrics with Significant Financial Impact

UKG

Knowing which metrics and measurements to focus on is a perennial challenge for CFOs and finance departments, and the current state of workforce management makes it that much trickier. Even as most industries are well on their way to recovery, the lessons learned from an unorthodox financial year continue to resonate.

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Calling it quits: How and when to let an employee go

Rise

Create clear metrics for improvement. In BC , employers are able to terminate an employee’s job without cause as long as they provide written notice or severance pay. However, it’s important to ensure that termination is compliant with the guidelines in your region and does not go against employment laws.

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Human Resources Director: Job Description, Skills & Salary

Analytics in HR

Being a mediator between the management and staff in conflicts or disputes, as well as the ever-evolving employment laws and changes in the labor market, adds to the uniqueness and complexity of this role. It covers topics like hiring and retention of employees, employment law and compliance, compensation, and benefits.

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

Analytics in HR

Compensation and benefits : HR ensures that employees are well cared for by giving them competitive salaries and benefits. HR must ensure they receive the correct pay and benefits, such as health insurance, retirement plans, wellness programs, and leave credits. HR skills Administration expertise: Record and update employee records.

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Sourcing vs. Recruiting: The Key Differences and Processes Explained

Analytics in HR

Let’s further unpack what sourcers do during this time in the hiring process: Key responsibilities of a sourcer Work with the hiring managers and recruiters to provide the company’s staffing requirements and align their activities in the talent acquisition process.

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How to Become a Human Resources (HR) Manager: The Definitive Guide

Analytics in HR

Performance management : HR managers facilitate performance evaluations, establish performance goals and metrics, provide feedback, and implement performance improvement plans when necessary. Policy development and compliance: They develop HR policies and procedures, ensuring compliance with labor laws, regulations, and industry standards.

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What Is Human Resources?

Analytics in HR

In HR strategic planning, the HR department works closely with the management team and business leaders to study current and future staffing requirements, determine skill gaps, and enforce HR tactics that will attract, grow and retain the most talented individuals. These are the HRM outcomes.