AIHR

MAY 31, 2023

Knowing how to calculate the promotion rate and benchmark your internal promotion rate against competitors allows businesses to understand how well they are promoting from within and pinpoint areas where promotion policies and practices could be improved. SHRM’s benchmarking report states that the average promotion rate is 6%.

Metrics 77

Metrics Employee Engagement Benchmarking Performance Management 77

Walk Me

OCTOBER 11, 2022

Companies also needed a feature to leverage employee records for succession planning as part of the workforce planning strategy. This is where human capital management (HCM) comes in. When done well, HCM can help businesses attract, develop and retain the talent they need to succeed in the digital age. Compliance.

Software 52

Software Manager Workflows Digital Transformation 52

AIHR

MARCH 16, 2023

A talent management strategy requires a holistic outlook on these processes to maximize its potential. Key focus areas: Talent management touches on all key functions of HR , including recruitment and selection , performance management , rewards , and employee development.

Manager 111

Manager Onboarding Recruitment Implementation 111

AIHR

SEPTEMBER 14, 2023

Companies soon realized a lack of office-based skills and executive roles, prompting them to acquire smaller businesses for their managers and executives. This led to the emergence of talent management with a strong focus on filling vacant roles through external talent. For others, more traditional strategies are the best fit.

Manager 75

Manager Implementation Marketing Benchmarking 75