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11 Succession Planning Best Practices to Follow in 2024

AIHR

The process begins with identifying critical positions essential for continuity and growth, assessing the talent pool to pinpoint potential successors, and implementing targeted development programs to equip these individuals with the necessary skills and knowledge. 11 succession planning best practices to follow 1.

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Compensation Analyst: All You Need to Know About the Role

AIHR

A sample compensation analyst job description. Job overview. The compensation analyst is responsible for designing, implementing, and evaluating compensation programs across the organization and providing competitive compensation packages to all employees. Preparing and maintaining job classifications and salary scales.

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What is Competency Management? Best Practices To Drive Performance (in 2023) 

AIHR

A step-by-step guide to developing a competency management process How do you ensure competency management is well-implemented? But here are some methods to consider: Action plan Complete a detailed job analysis to identify the tasks and responsibilities for each position. Competency management is a multi-step process.

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A Guide to Conducting a Training Needs Analysis + Free Template

AIHR

Examples: Knowledge of accounting principles and practices Knowledge of budget control policies and procedures Skills Technical or manual proficiencies are usually gained or learned through training. More importantly, it takes into account other factors like trends and changes in the economy, politics, technology, and demographics.

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Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

ACR: Application Completion Rate The Application Completion Rate (ACR) is a recruiting metric that measures how many candidates who started a job application successfully completed it. CPH: Cost Per Hire Cost Per Hire (CPH) is a recruiting metric that measures how much it costs a company to hire new employees.

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Talent Acquisition

AIHR

Learn more What is a job requisition? Vacancy intake In the vacancy intake, a talent acquisition professional conducts a job analysis to collect all the relevant information to make a good hire. This includes: The job description – Covering all required skills, competencies, and daily activities for the job.