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2022 Was Another Record Year for HR Tech: See 20+ M&A Activities that Shaped the Market

Lighthouse

MitraTech, a 2022 HR Tech Award winner for its compliance software, nabbed high-volume hiring system TalentReef and background check company AssureHire. Axonify, a market leader in frontline worker training and performance support, picked up Nudge to further expand its offerings. Compensation Management Technology.

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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources also refers to the workforce or people employed in an organization.

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HR Tech Stack: A Practitioner’s Guide

Analytics in HR

Why you need a solid HR tech stack HR tech stack: The common software categories How to build an HR tech stack. An HR tech stack is a set of integrated software, platforms, and apps that improve and expand HR functions. HR tech stack: The common software categories. Compensation and benefits management software.

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7 Tips for Moving to a Pay-for-Performance Culture

Compensation Today

Companies have seen a bit of a revolution in performance-based pay in the past few years. Most have removed the rank-and-yank style of performance management. Some are removing performance ratings altogether to emphasize the future-looking, coaching-based conversations managers should be having with employees.

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Job Outlook for Human Resources (HR) in 2023

Analytics in HR

The main human resource management basics everyone should know about are: Recruitment and selection: This visible function of HR is responsible for attracting and selecting the right candidates for the organization. Compensation and benefits: Ensures fair and motivating remuneration, balancing direct salary with non-monetary benefits.

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A Full Guide To the Human Resources Specialist Role

Analytics in HR

Performance management: HR practitioners should have good listening skills, empathy, and emotional intelligence to manage people’s performance effectively. Performance management involves setting expectations, monitoring, and helping them improve their performance to help achieve company goals.

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The Role of an Organizational Development Specialist

Analytics in HR

Facilitating change management efforts, including communications and training. Designing and implementing performance management programs to ensure that employees are meeting performance standards and goals. Coaching managers and employees on leadership and teamwork.