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How to Create a Well-Designed Salary Structure

AIHR

Salaries are set based on the supply and demand for the job role and the region they operate in. This attracts top talent from the industry and may lead to better retention rates. Skill-based structure This structure pays employees based on their skills and qualifications rather than their job title or experience.

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What is Internal Equity and How to Address It

AIHR

This article will look at the difference between internal and external equity, share some best practices for achieving internal equity, explore common challenges, and provide insights into the crucial role HR professionals play in promoting internal equity. That’s exactly what internal equity is all about.

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21 HR Roles in an Organization: A 2024 Overview

AIHR

Compensation that is perceived as fair will attract top candidates, motivate employees to do their best, and boost retention rates. Different employees have different needs, and by accommodating these needs, HR can boost motivation, engagement, and performance in employees, which, in turn, improves morale and retention.

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Core Competencies 101: Incorporating Across the Employee Lifecycle

AIHR

Prahalad and Gary Hamel initially introduced the concept of core competencies in an article published in Harvard Business Review. Job analysis techniques such as task analysis and competency modeling will help you discover the critical competencies required.

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What is Competency Management? Best Practices To Drive Performance (in 2023) 

AIHR

Effective talent acquisition and retention Hiring (and keeping) talented employees is much easier with a competency-based approach. Because it helps you identify the right candidates for the job based on the required competencies – rather than only their qualifications and experience.

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11 Succession Planning Best Practices to Follow in 2024

AIHR

Also, a commitment to people development increases loyalty and retention among high-potential staff. Conduct an analysis across departments to pinpoint roles that have a direct impact on the company’s bottom line, operational efficiency, and strategic direction. 11 succession planning best practices to follow 1.

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Talent Acquisition

AIHR

Improving employee retention – By creating talent acquisition strategies that help organizations find hires who are a good cultural fit and align with the overall mission and vision of the company, businesses can improve employee retention. Bridging also acts as a strong retention strategy. A Full Guide 3.