Remove Assets Remove Benchmarking Remove Compliance
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HR OKRs: All You Need to Know [With 11 Examples]

AIHR

HR teams take on more responsibility and projects every year to take care of the organization’s most valuable asset: People. Move compensation to 70% of the industry benchmark. HR Compliance. Ensure 60% of all HR compliance training is completed by Q2. Key Results. Talent Acquisition. Talent Management.

KPI 145
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How to Create an Effective Compensation Philosophy

AIHR

Pay equity – It ensures equal pay for equal work and compliance with the law. Internal equity is essential from a compliance perspective, but also to achieve inclusion, belonging, and strong engagement. Understand who you are competing with by making a peer group comparison and reviewing industry and market benchmarks.

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Why Is Human Resources Important? 8 Top Reasons

AIHR

Let’s explore how HR supports and nurtures an organization’s most critical asset – its workforce. In the past, many organizations saw HR as a function to hire, fire and protect against compliance risk. HR professionals conduct salary benchmarking, set pay ranges, manage payrolls, and designs benefit plans.

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How To Craft an Effective HR Transformation Project Plan in 11 Steps

AIHR

Detailing budgets, timelines, and resource allocations enables efficient management of these assets. Address data migration and management Data is a critical asset in HR. This involves ensuring data accuracy, security, and compliance with relevant regulations.

ROI 116
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23 KSA (Knowledge, Skills & Abilities) Examples + How To Use KSAs

AIHR

Capabilities encompass a broader set of attributes and resources, combining knowledge, skills, experience, resources, and strategic assets that enable effective performance and achievement of goals. Regulatory knowledge Some jobs require knowledge of laws, regulations, or compliance requirements specific to their industry or function.

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15 Employee Retention Metrics for HR To Track

Vantage Circle

Are you looking to reduce turnover, improve employee satisfaction , or meet industry benchmarks? Benchmark Against Industry Standards Research industry-specific benchmarks to see how your organization compares to others in your field. Benchmarking against industry standards. Analyzing historical data.

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12 Types of HR Reports For Better Business Decisions [+ Free HR Board Report Template]

AIHR

Monitoring key metrics like turnover rates, employee satisfaction , and compliance with labor laws in your HR reports allows you and your organization to analyze trends, make data-driven decisions, and adjust strategies and policies accordingly. Key metrics to include are the total headcount, departmental breakdown, diversity metrics (e.g.,