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What is HRIS (Human Resource Information System)? Know Its Benefits And Functions

Vantage Circle

What is the Human Resource Information System (HRIS)? An HRIS or Human Resource Information System provides a shared repository of employee data and statistics that help HRM (human resource management) carry out HR formalities. Benefits of HRIS.

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Defining HR Audit, it’s Purpose, Types, & The Checklist

Vantage Circle

These can be policies, processes, procedures, documentation, and systems. In ascertaining these, an HR Audit looks into the various fronts of human resource personnel's work. Compensation Plan. Benefits Package. Ensuring compliance of the company's working with the governing laws. Employee Onboarding.

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

AIHR

HR analytics allows HR professionals to make informed decisions and create strategies that will benefit employees and support organizational goals. In this article, we will explain what HR analytics is, its benefits, as well as how to get started and grow in your HR analytics capabilities. What does an HR analyst do?

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Human Capital Management (HCM) Software For Enterprises In 2022 & Beyond

Walk Me

Talent management systems contained within HCM software exist to support companies in managing leadership development, performance, and compensation management. Compensation management. The extracted data supports future compensation planning to ensure compensation levels are inclusive and fair across different departments.

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Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

BIK: Benefits In Kind Benefits In Kind (BIK) refer to any non-monetary compensation that employers provide to their employees. HR acronym usage example: “Examples of a BIK include healthcare benefits, meal vouchers, retirement plans, childcare assistance, and accommodation.”

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