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What is Internal Equity and How to Address It

AIHR

This approach to compensation can benefit both employees and organizations by fostering a sense of fairness and promoting retention and motivation. External pay equity refers to the pay levels of an organization’s employees in comparison to those of its competitors in the same industry or market.

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21 HR Roles in an Organization: A 2024 Overview

AIHR

Compensation that is perceived as fair will attract top candidates, motivate employees to do their best, and boost retention rates. Different employees have different needs, and by accommodating these needs, HR can boost motivation, engagement, and performance in employees, which, in turn, improves morale and retention.

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Cross-Training Employees: 9 Practical Tips for Your Organization

AIHR

Multiple studies have shown that cross-training reduces employee turnover and improves retention rates. A job analysis is a process that breaks down one job into smaller components. Each of these is analyzed to describe the tasks and skills involved in the job. Put a job rotation program in place.

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Talent Acquisition

AIHR

Read more Talent Acquisition vs. Recruitment: The Differences and HR’s Key Role Strategic talent acquisition Strategic talent acquisition refers to an organization’s unique approach to sourcing, identifying, assessing, hiring, and retaining aligned candidates to help the business achieve its short and long-term goals. A Full Guide 3.

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Free Interview Template and Comprehensive Usage Guide for Effective Interviewing

AIHR

In AIHR’s Sourcing & Recruitment Certificate Program , you will learn best practices for screening and reference interviews, how to reject candidates, and how to facilitate a hiring manger interview. HR tip Don’t forget to develop a well-defined job analysis or role scope before customizing your interview template.

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Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

BIK: Benefits In Kind Benefits In Kind (BIK) refer to any non-monetary compensation that employers provide to their employees. They sit in the company’s executive team and are often also referred to as Chief People Officer. HR acronym usage example: “FJA is one of the most common job analysis methods. Go to Glossary G 27.

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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. There are several types of employee turnover: Voluntary turnover : An employee chooses to leave a company, like resigning for a new job or personal reasons. Implementing targeted employee retention strategies.