article thumbnail

Talent Acquisition

AIHR

The work of the HR department includes hiring, onboarding , payroll and benefits, training and development of employees, offboarding , and more. Effective succession planning and succession management – With talent acquisition, businesses can plan ahead for the future and identify potential successors for critical roles.

article thumbnail

HRIS 101: All You Need To Know in 2024

AIHR

billion by 2028 at over 10% compound annual growth rate. It offers a complete suite of HR applications to improve the employee experience and is focused on strategy and planning. Nowadays, it’s almost always cloud-based, making it much easier to update, among other things. Companies spend 15 weeks selecting an HRIS, on average.

article thumbnail

Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

Did you know It is anticipated that by 2028, the HR software market will expand to $33.57 OPL: Optimum Productivity Level Optimum Productivity Level (OPL) is the ideal level of productivity that a new hire achieves throughout or after their onboarding. billion, with a growth rate exceeding 10% annually.

ROI 62