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Why Is Human Resources Important? 8 Top Reasons

AIHR

The primary functions of HR include recruitment and hiring, employee onboarding , managing employee benefits , payroll, employee relations, handling workplace issues and conflicts, and ensuring compliance with labor laws and regulations. In the past, many organizations saw HR as a function to hire, fire and protect against compliance risk.

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Strategies for Engaging and Retaining Your Hourly Employees

Zenefits

In most cases, salaried employees hold higher positions than hourly employees, and therefore receive greater compensation. Next are strategies to strengthen engagement and retention among your hourly people. Identify strategies for engagement and retention. This is normally not done with nefarious intent. Feeling undervalued.

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The 2023 Tax Deduction Cheat Sheet

Zenefits

Workers’ compensation insurance. Airfare, ground transportation, public transportation. Employee retention credit . The qualified transportation fringe benefit and the monthly limitation for qualified parking increases to $300. Health and business insurance. Auto insurance for business vehicles. Property insurance.

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What Is Talent Mobility and How HR Can Develop a Winning Strategy 

AIHR

Talent mobility can boost your retention and employee satisfaction rates, making it vital to success. Compliance risks: Organizations need to ensure they comply with employment laws and regulations in both host and home countries. This may lead to increased costs and time spent on paperwork and compliance.

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10 People Sustainability Strategies for Your Business

Vantage Circle

Improved Employee Engagement and Retention When employees feel that their well-being and development are prioritized, they are more likely to be engaged and committed towards their work. By making sustainability people-centric, companies can create a culture that values employees and promotes their engagement and retention.

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6 Steps To Become an Employer of Choice in 2024

AIHR

Ideal employers frequently benchmark their compensation plans and adopt progressive benefits strategies to remain competitive. Inclusivity: Pursuing diversity and inclusion is not simply a compliance exercise – but rather an essential factor in building a workplace where all employees have equal opportunities and feel valued.

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Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

ADA: Americans with Disabilities Act The Americans with Disabilities Act (ADA) is a law that prohibits discrimination against individuals with disabilities in areas such as employment, transportation, and public accommodations. There is no limit on the amount of paid time off per year. ” 25.

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