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HRIS 101: All You Need To Know in 2024

AIHR

billion by 2028 at over 10% compound annual growth rate. As such, it usually includes: Learning and development Compensation management Succession planning Industry data and benchmarks Advanced data & analytics Business intelligence Bear in mind that the exact features and functionalities of an HRIS, HRMS, and HCM differ per provider.

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Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

AOR: Agent Of Record An Agent Of Record (AOR) is a third-party service that handles all the necessary hiring and administration of independent contractors while ensuring full compliance. BIK: Benefits In Kind Benefits In Kind (BIK) refer to any non-monetary compensation that employers provide to their employees. ” 25.

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New Law Brings Paid Sick, Family Leave Requirements for Delaware Employers

Zenefits

Starting in 2028 and in the years following, the maximum amount will increase based on the consumer price index, rounded to the nearest $5. Legal experts have recommended that Delaware employers become familiar with the state-mandated benefit to ensure a smooth rollout when compliance becomes necessary.