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Benchmarks 2023: How We’re Doing

Chief Executive

We asked them to share key KPI data, really nitty-gritty stuff like pricing changes, staffing costs and turnover data, how many days receivables/payables are taking, changes in R&D budgets and more, and then we analyzed it all and sliced it up in every way you can think of, by size, by industry, and so on. How do you compare?

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

AIHR

In the past century, Human Resource Management has made a dramatic shift from an operational discipline to a more strategic one. Importance of HR analytics Leveraging data has become essential to expanding HR’s role within organizations by moving it from an operational function to a strategic partner.

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Capital Expenditure Budget Examples In The Healthcare Management Industry

Walk Me

Healthcare organizations have three budgeting processes: Operational budgeting, capital budgeting, and rolling forecasting. The healthcare manager can separate expenses into several categories, the first of which is operational budgeting. Operational Expenses. Capital Expenses. Policy changes such as Obamacare.

Manager 52
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Performance Appraisal: The Ultimate Guide

AIHR

For example, do they need additional staffing, more equipment, or a larger budget to perform at an optimal level? Have the tools to set future performance goals – The goals and benchmarks your company is achieving now are a good indication of what goals to set in the future and at what pace your business can achieve them.

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Investment Bankers: A User’s Guide for CEOs

Chief Executive

Maybe your staffing is lean, and you pride yourself on being frugal. Buyers will want your contracts with clients to be longer term so that there is more continuity to your revenue. And their knowledge of the industries they cover can give you useful operational benchmarks against which to measure (and tweak) your own performance.

Revenue 97
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Strategic Workforce Planning 101: Framework & Process

AIHR

The board of directors has set a number of revenue goals per product line. We know the figures for 2023, and based on the potential of the three product lines, we’ve created a revenue goal for the next year, 2024. Product line A B C Year 2023 2024 2023 2024 2023 2024 Revenue $1.8M $2.2M $1.6M $3.8M $5.2M $4.6M

Revenue 78
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Headcount Planning: An HR Practitioner’s Guide

AIHR

The process ensures that the organization operates with the set budget to hire or retain the correct number of people with the appropriate skills and competencies to achieve its goals. Look for team sizes and ratios benchmarks, and combine the data with your company’s growth plan. Continuously review your headcount plan.

Staffing 127