AIHR

MAY 29, 2024

Just like HR acronyms and abbreviations , knowing how to employ HR terms is an integral part of working in human resources. HR terms list Compensation & Benefits terms 1. ” Learn more Compensation and Benefits Digital HR terms 11. This article unpacks 93 HR terms, including a usage example for each. ” 2.

Recruitment 112

Recruitment Metrics ROI Human Resources 112

Vantage Circle

DECEMBER 19, 2023

Metrics also help quantify such efforts' return on investment (ROI). Comparing the cost of employee turnover before and after implementing an ATS will quantify its ROI in this regard. These systems act as the custodians of all employee data. This would, in turn, also reduce the loss of productivity while the role is vacant.

Retention 106

Retention Metrics Human Resource Information Systems (HRIS) Employee Engagement 106

Walk Me

OCTOBER 11, 2022

Talent management systems contained within HCM software exist to support companies in managing leadership development, performance, and compensation management. Compensation management. The extracted data supports future compensation planning to ensure compensation levels are inclusive and fair across different departments.

Software 52

Software Manager Workflows Onboarding 52

AIHR

APRIL 8, 2024

BIK: Benefits In Kind Benefits In Kind (BIK) refer to any non-monetary compensation that employers provide to their employees. HCROI: Human Capital ROI Human Capital ROI is a metric that represents the financial value employees contribute compared to the money spent on them, including compensation, talent management, training, etc.

ROI 64

ROI Metrics Recruitment Human Resources 64

AIHR

NOVEMBER 1, 2024

Fair and performance-based compensation Compensation is a key element for successful talent management. To hire and retain the right people, you’ll need to offer reasonable compensation and benefits. A robust compensation package takes the form of financial (base) pay and employee benefits.

Human Resources 98

Human Resources Compensation Human Resource Information Systems (HRIS) Employee Engagement 98

AIHR

JANUARY 31, 2025

Evaluate HR tools and systems : Assess the performance of HR software and suggest optimizations. Conduct salary benchmarking : Research market data to ensure competitive and fair compensation practices. HR systems & implementation HR data comes from HR systems, often referred to as the Human Resources Information System (HRIS).

Human Resources 80

Human Resources Human Resource Information Systems (HRIS) Compliance Metrics 80