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HR Finance 101: A Guide To Finance for HR

AIHR

The main responsibility of finance is to allocate and monitor resources that support the goals of the organization while ensuring a balance between revenue and costs. On the other hand, HR is responsible for recruiting, motivating, and managing the people who advance those goals. Understanding the balance sheet.

Cash Flow 117
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Why ‘Smart’ Isn’t What It Used To Be

Chief Executive

As we navigate the complex path to recovery, the personal costs of chronic stress, isolation and prolonged insecurity are making their way onto business balance sheets. Leaders must now adapt traditional management metrics and assumptions. For one, “smart” isn’t what it used to be.

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Why You Should Look At People Strategy As You Would A New Product Line

Chief Executive

At a board meeting earlier this spring, I gave a data-supported presentation where I explained how metrics such as retention, engagement, satisfaction, recruiting/offer win rates and turnover led to the statistic that matters most to me: revenue per employee (RPE). A board meeting turned epiphany.

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CEO Confidence Falls To Decade Low, But Few Predict Recession

Chief Executive

We are in the recruitment space, and the demand on the client-side is strong, [but] the job seeker side is challenging,” said the CEO of a midsized recruiting firm. “We “Labor and supply issues are buffering continued demand in excess of our ability to respond,” said the CEO of a large commercial truck dealership. “We