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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.

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18 Must-Have Onboarding Documents (+ Free Templates)

AIHR

Failing to standardize your onboarding documents hurts new hires and your company. Because undefined or inconsistent onboarding processes can result in a poor employee experience and weaker connections built between your new recruits and your company. When it comes to onboarding, first impressions count. Onboarding 3.

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Onboarding Specialist: Job Description, Salary, & How To Become One

AIHR

$43,921 – $63,815 — that’s the average salary range for Onboarding Specialists in the U.S. With over five million new hires joining companies across the country, it’s no surprise that companies need an Onboarding Specialist to help provide a smooth transition. Contents What is an Onboarding Specialist?

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Why is Compensation Planning a Critical HR Process?

Zenefits

With such a large expense account for employee compensation , a solid compensation strategy is a no-brainer. Proper compensation planning is essential to ensuring you are rewarding the right people for the right input. What are vital considerations in compensation planning? Why is compensation planning critical for HR?

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10 Top Reasons for Employee Turnover & How To Prevent It

AIHR

Employee turnover refers to the rate at which employees leave a company within a specific time frame, often measured annually. Dysfunctional turnover : This refers to the loss of high-performing or valuable employees, which negatively impacts the organization. There is a subtle difference.

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Employee Promotion: Your 7-Step Guide on the Types & How To Promote

AIHR

Lower hiring costs: Internal employee promotions require less extensive employee onboarding and minimize the recruitment expenses associated with hiring externally. Vertical The employee advances to a higher position with additional responsibilities, compensation, and authority.

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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. According to Gallup, only 29% of employees feel prepared for their new roles and are ready to thrive following onboarding.