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Headcount Planning: An HR Practitioner’s Guide

AIHR

For example, HR financial planning impacts salary increases, health insurance, and monetary incentives (like sales incentives and retention bonuses). Do you need to find new employees with specific skill sets unavailable within your current workforce, e.g. local language skills? Put your headcount reporting in order.

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Employee Recognition: How Can It Help Counteract The Effects Of A Crisis?

Vantage Circle

A simple "thank you" can make employees feel more appreciated and help boost retention rates. If your employees aren't recognized for their work, they'll take it somewhere else. Workplace recognition motivates and gives employees a sense of accomplishment, making them feel valued for their efforts.

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HR Business Partner Model

AIHR

HR Business Partner model vs. traditional HR model In the traditional setup, the HR department is organized into specialized functions like Recruitment, Employee Relations, Learning and Development , Compensation and Benefits , and HR Administration.

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Headcount Reporting: Benefits and 7 Best Practices for HR

AIHR

Headcount reporting can help you determine the Total Cost of Workforce (TCOW) as well as Revenue per Employee. Therefore, you can assess the financial impact the number of employees has on your organization and how potential decisions will impact the company in the future.

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How HR Capabilities Evolve with Business Growth [+ 5 Tips for HR Leaders]

AIHR

Startup stage The company is focused on proving its value proposition and generating revenue. At this stage, efficiency becomes a key focus, and HR is tasked with helping drive productivity through people , ensuring the health of the leadership pool, and developing succession and retention plans for critical talent.

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Importance Of Employer Employee Relationship In Companies

Vantage Circle

While establishing a strong employer employee relationship, you must consider a few essentials: 1. Both the employers and employees should have mutual respect. Signs of disrespect is not just bad for the relationship, it also leads to low retention and bad word of mouth. Higher Retention Rate. Mutual Respect.

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What is Employee Engagement? Everything You Need To Know

Vantage Circle

Learn more: The Role of HR in Employee Relationship Management (ERM). Managers are at the forefront of every employee-related matter. Managers need to give equal importance to every employee. You can also judge if your employees are willing to contribute to the company's mission. Higher Retention.