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7 Human Resource Management Basics Every HR Professional Should Know

Analytics in HR

Effective Human Resource Management (HRM) is essential for businesses of all sizes and starts with knowing the basics. In this article, we dive into the seven Human Resource Management basics you must know to understand the varied roles of HR within an organization. Contents What is Human Resource Management?

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Employees are saving more for retirement. What HR is doing right

HRExecutive

. - Advertisement - According to the financial services titan, 401(k) balances rose 4% in the second quarter of 2023 over the previous three months to an average of $112,400, while 403(b)—a tax-sheltered annuity plan—balances rose 5% to an average $102,400 in the same period. Meanwhile, the average IRA balance jumped 5% to $113,800.

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M&A Friday! This Week’s HR Deals

Advos

Our weekly recap of funding, mergers & acquisition, and partnership news from the human resource, recruitment and employee benefits marketplace is below. Sign-up for our weekly Hot in HR newsletter to get these updates via email. Acorns to launch new retirement accounts after buying Portland fintech startup, Vault.

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The Role of HSAs in Maximizing Retirement Benefits

Benefit Resource Inc.

As an employer or HR manager, you’re constantly seeking ways to enhance your employee benefits package, ensuring it not only attracts top talent but also supports their financial well-being throughout their careers and into retirement. Tax-Efficient Savings In retirement, healthcare expenses tend to increase.

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Charting Your Course Through Changing Regulations

Speaker: Bonnie Treichel, Senior Consultant & CCO, Multnomah Group

More recently, the tides have turned in other directions – forcing employers to direct their attention at mandated state-run retirement plans; employee leave and paid time off; sexual harassment training; pay equity; and more! October 10, 2018 11 AM PST, 2 PM EST, 7 PM BST

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3 Ways to Stay On Top of #HR Compliance – Friday Distraction

HR Bartender

I know human resources compliance issues aren’t the sexiest thing to talk about but, they’re a necessary part of HR. Even if a compliance issue decreases, we need to know details so we can stop devoting resources to it. Find a handful of excellent resources. Attend webinars and conferences. Click To Tweet.

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Mercer study: AI, HR leaders, talent and the ‘art of the possible’

HRExecutive

Artificial intelligence, employee skills and workforce wellbeing are three themes headlining Mercer’s recently released Global Talent Trends 2024 report, which captures compelling, future-focused perspectives from over 12,200 C-suite executives, HR leaders, employees and investors.