Remove Compensation Remove Compliance Remove Workflows
article thumbnail

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. Compensation and benefits HR is responsible for offering and handling compensation and benefits packages.

article thumbnail

14 Compensation Philosophy Examples [+ Free Template]

AIHR

In its simplest form, a compensation philosophy summarizes an organization’s guiding principles around employee salaries and benefits. Some companies do this exceptionally well, and you’ll find 14 of the best compensation philosophy examples below. Contents What is a compensation philosophy?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

AIHR

Is your compensation management approach helping or hurting your organization in the talent war? In a recent LinkedIn Talent Solutions report , compensation was ranked as the #1 top priority for candidates worldwide. In this article, we’ll explore the ins and outs of compensation management and why it matters.

article thumbnail

13 ESG Metrics HR Leaders Should Use To Track Performance

AIHR

These metrics may include elements such as board composition diversity, executive compensation, anticorruption policies, and risk management practices. Digital workflows and paperless practices, such as e-signatures and digital HR forms, can also significantly lower both paper use and energy consumption related to printing.

Metrics 98
article thumbnail

Generative AI in HR: Examples & How To Successfully Start Using AI

AIHR

Onboarding During onboarding , AI-powered chatbots can act as virtual onboarding assistants to provide new hires with real-time support, answering questions related to company policies, compensation and benefits , requesting leave, and other vital information. However, trained data privacy experts were needed to interpret the output.

article thumbnail

Digital HR

AIHR

Workflow automation: Common questions are answered in FAQs and in an HR knowledge base that people can easily access. This collaborative approach not only improves the implementation and adoption of digital solutions but also ensures compliance, security, and alignment with broader organizational strategies.

article thumbnail

HR Process Improvement: 9 Tips To Optimize Human Resource Processes (Plus 5 Real-Life Examples)

AIHR

Challenges in HR process improvement 9 practical tips to improve HR processes 5 examples of HR process improvement Best practices for HR process improvement HR process improvement: Fast facts HR processes define the specific workflows that help manage the entire employee life cycle , from recruitment to offboarding.