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What Is Human Resources?

Analytics in HR

It includes reviewing organizational and HR metrics to measure HR initiatives’ effectiveness on business results. This may include implementing wellness initiatives to address mental health, for example. How well these activities are done indicates the efficiency of HR, and the goal is to achieve certain outcomes.

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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. Another skill critical for Human Resources Directors is dealing with sensitive employee matters like disciplinary actions and layoffs.

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5 Metrics for Remote Workers You Should Track

Fond

Metrics for remote employees are changing rapidly, along with the way employees spend their workdays. New metrics for remote workers that balance business needs with employees’ well-being are on the rise. New metrics for remote workers that balance business needs with employees’ well-being are on the rise.

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Compensation Planning in 7 Actionable Steps

Analytics in HR

Even so, a recent study by Payscale found that less than 50% of companies have a strategic compensation plan. According to PayScale’s 2021 Compensation Best Practices report , businesses currently have a more challenging time finding and retaining skilled workers than ever before. There is the legal side of things as well.

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Pay the Friendly Way: United Airlines Ties Executive Compensation to Customer Satisfaction

Compensation Today

While they have done much to repair the damage, a recent development highlights how this is not only affecting their external customer satisfaction policies but their internal compensation policies as well. In the 2017 Compensation Best Practices Report , PayScale shared that most companies do link compensation to performance.

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10 Smart Strategies to Enhance Employee Experience

HSD Metrics

Employees who aren’t engaged (and most aren’t) are more likely to move on to other jobs, and the average cost to replace one of those workers is from 90% to 200% of their annual salary (this according to PayScale ). . Help your employees get and stay well. Wellness programs can help your business save on healthcare costs.

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Talent Acquisition

Analytics in HR

Doing this well leads to lower turnover, higher productivity, and increased engagement. Conversely, talent acquisition requires more time and planning to understand the different roles and departments, as well as the unique set of skills and experience required to succeed in each position.