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The 7 Core HR Processes: Your Ultimate 2024 Guide

AIHR

Core HR processes include recruitment, employee onboarding , training and development, performance management , compensation and benefits , employee relations , and compliance. HR process example: Performance appraisals HR works closely with managers to set performance criteria and benchmarks.

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OKRs vs. KPIs: The Key Differences & Use (With Examples) 

AIHR

This framework fosters alignment, accountability, and innovation within organizations, driving success across industries. Accountability: OKRs facilitate accountability within HR by establishing measurable outcomes and timelines for achieving them. Continuous improvement: KPIs serve as benchmarks for your performance.

KPI 119
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The 10 Best Employee Survey Tools for 2024

Vantage Circle

Culture Amp Visit Website Culture Amp platform offers a comprehensive suite of employee survey tools, including pulse surveys, engagement surveys, and performance feedback. Also offers pulse surveys, manager 1-on-1 tools, and seamless integration with other platforms like Workday.

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How To Calculate Your Organization’s Turnover Rate

15Five

This can help you account for changes in your workforce over the month or year, but a particularly strong value (like your workforce size just after a round of layoffs) could skew that average. Bureau of Labor Statistics is a great resource for benchmarking. A winning strategy starts with a performance management platform like 15five.

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What Is Compensation Management and What’s HR’s Role in it?

AIHR

Objectives • Attract top talent • Improve employee satisfaction • Align pay and benefits to performance and outcomes • Strive for fairness and transparency • Reduce churn rate / increase retention. Accounting Clerks, Payroll Specialists. Issue paychecks to employees • Create the payroll records required by the government.

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HR OKRs: All You Need to Know [With 11 Examples]

AIHR

Furthermore, using OKRs also helps keep individuals and teams accountable. It also helps you determine how much of your Objective you’ve achieved and hold various departments accountable. Move compensation to 70% of the industry benchmark. Talent Management. Performance Management. Key Results.

KPI 145
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5 Steps to Choosing the Right Employee Engagement Software for Your Business

15Five

Assess needs and challenges To ensure you understand workplace needs, gather feedback from employees, HR managers, and other stakeholders to identify pain points across different departments. This will ensure you onboard the best performance management software for your organization.