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HR Audit: Everything You Should Know to Get Started

AIHR

Conducting an HR audit helps ensure you are setting your employees and your business up for long-term success and compliance. Organizations can use an HR audit to ensure compliance and align HR programs with business objectives. Ensures corporate compliance. Like, facing stiff penalties for not having an employee safety program.

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Cost per Hire: Definition, Formula, and Calculation

AIHR

For example, how do you quantify the marketing material needed to advertise a vacancy? These include expenses such as sourcing and recruitment advertising costs, onboarding, referral bonus program costs, etc. SHRM developed an industry benchmark that you can review to understand if your cost per hire is at the industry average.

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Sourcing vs. Recruiting: The Key Differences and Processes Explained

AIHR

In the Employ’s Quarterly Insight’s report , benchmark data indicates that one-third of the time spent hiring is on sourcing, regardless of how fast the hiring process is. Compliance with relevant employment laws and regulations can help avoid lawsuits and enhance your company’s reputation.

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Affordable Care Act Requirements for 2022-2023

Zenefits

It is always important to review your state’s regulations and ensure there is not a special enrollment period before creating your compliance deadline calendar. Compliance reviews. Beginning in 2023, CMS will review all qualified health plans (QHP) for compliance with network adequacy standards in order to improve accessibility.

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25 Workforce Management Metrics You Should Track

AIHR

It established 200,000 as the benchmark to represent the total hours 100 employees would log in 50 weeks, based on a 40-hour work week. These costs include sourcing and recruitment advertising, onboarding, and referral bonus programs (among others).

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HR Tech Stack: A Practitioner’s Guide

AIHR

Payroll software automates and manages on-time payments to employees while ensuring accuracy and compliance with applicable tax and financial regulations. This benchmark determines which tests applicants take and provides insights into how their behavioral data matches up. Address security, compliance, and ethics.

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23 KSA (Knowledge, Skills & Abilities) Examples + How To Use KSAs

AIHR

Using them as a benchmark to assess the qualifications and fit of candidates for a marketing manager position, for example, will enable you to look for people with knowledge of marketing strategies, digital marketing channels, and consumer behavior. HR uses KSAs to assess, evaluate, and develop employees.