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What Is Human Resources?

AIHR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. HR is vital in aligning the organization’s business objectives and employees’ needs and aspirations.

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Capital Expenditure Budget Examples In The Healthcare Management Industry

Walk Me

Because of the many different types of treatments and their varying costs, along with health insurance providers with differing charges, budgeting becomes a bit more complicated than buying bread and milk. Managers use benchmarking to learn from other healthcare organizations and set comparative metrics to hit realistic targets.

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Headcount Planning: An HR Practitioner’s Guide

AIHR

Mapping out a strategy of all the positions you need to hire and the recruitment expenses that go with it (job ads, staffing agency fees, onboarding costs) enables you to make an informed decision in planning your budget to account for your staffing requirements. Review the data you have in your HRIS, ATS and your headcount reporting.

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