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Compensation and Benefits

AIHR

What is compensation and benefits? Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Overall compensation is the top factor that job seekers consider when accepting a new job. What is the difference between compensation and benefits?

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

AIHR

How generative AI is used in HR Recruitment and hiring Some applications, such as ChatGPT, can help create accurate and compelling job postings or generate customizable screening questions tailored to specific roles and candidate profiles for a more targeted and effective interview process.

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Providing Transportation Stipends for Employees During Unprecedented Inflation

Zenefits

To be competitive, companies are offering: Better compensation Fancy benefits Financial stipends Job seekers are trying to conquer inflation just as businesses are. Transportation stipends are a unique way to help employees through these unprecedented times. They’re finding the best strategies to attract and maintain top talent.

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Case Study: Strategic Workforce Planning for Rail Infrastructure Managers

AIHR

This way the transportation capacity can be increased with the current infrastructure. The TWP process estimates the turnover in the coming 18 months to plan and execute required recruiting efforts, rigorous psychological testing, and 9 months of training periods for new employees. This is a blessing in disguise.

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Why Is Human Resources Important? 8 Top Reasons

AIHR

The primary functions of HR include recruitment and hiring, employee onboarding , managing employee benefits , payroll, employee relations, handling workplace issues and conflicts, and ensuring compliance with labor laws and regulations. Compensation and benefits management through offering fair and competitive pay and benefits.

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15 HR Analytics Case Studies with Business Impact

AIHR

Using IBM’s Watson machine learning capabilities, the workforce analytics team build an algorithm that included sources like recruitment data, tenure, promotion history, performance, role, salary, location, job role, and more. According to the report , productivity has also improved while recruitment cost have fallen.

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5 Winning Tips to Retain Millennials

Vantage Circle

That’s why the majority of talent professionals say they’re already focusing on recruiting Millennials. Recruitment experts say it’s actually easy. A low number might be a red flag that indicates some shortcomings in the recruitment strategy, according to him. Hands down. " " So it’s about quality, too.