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The Supreme Guide to Sales Compensation in 2023 (With Plan Examples) 

AIHR

Are you looking to create a sales compensation plan for your company? organizations spend more than $800 billion each year to manage their sales force, with $200 billion devoted solely to compensation. Contents What is sales compensation? Sales compensation is a critical aspect of B2B organizations.

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How to Measure HR Effectiveness: 12 Useful Metrics

AIHR

We discuss HR effectiveness metrics in more detail below. Workforce and budget planning To understand how effective HR is in your organization, you’ll have to track and analyze various metrics. To measure the effectiveness of your HR function, you need to establish relevant metrics. How to measure HR effectiveness.

Metrics 83
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How to Develop a Staffing Planning (With Staffing Plan Example)  

AIHR

Used as a model, a staffing plan is a detailed illustration of the organization’s talent pool. It highlights the roles needed in each business unit, the required skills and competencies, succession planning, staffing budget, and ongoing development.

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What is a (Good) Promotion Rate and How To Calculate It

AIHR

The promotion rate is a key metric that helps HR and business leaders understand how many employees are promoted internally within the company. A promotion rate is an HR metric that measures the rate or frequency at which employees are promoted to fill open positions within an organization over a specific period.

Metrics 77
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What is HR Analytics? All You Need to Know to Get Started

AIHR

Importance of HR analytics HR analytics examples Key HR metrics Data analytics in HR: How to get started How to transition from descriptive to predictive and prescriptive analytics in HR HR analytics certification FAQ What is HR analytics? Contents What is HR analytics? What is HR analytics used for?

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Strategic Workforce Planning 101: Framework & Process

AIHR

As explored in our HR Metrics & Dashboarding Certificate Program , the goal of strategic workforce planning is to have a workforce with the right size, shape, cost, and agility. Growth in % 22% 238% -10% Sales staff 5 ? From this cumulative data, you can calculate, analyze, and report on HR metrics. Support staff 2 ?

Revenue 78
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Employee Attrition: Meaning, Impact & Attrition Rate Calculation

AIHR

It plans to make most of the cuts by not replacing staff that leave. When slowing sales hit American footwear retailer Crocs in 2017, its president Andrew Rees stated, “ Over the past several months, as we continued to focus on removing unnecessary complexity from our business, we conducted a comprehensive review of our cost structure.”