Remove Compensation Remove Education Remove Human Resource Information Systems (HRIS) Remove Retention
article thumbnail

The 12 Key Functions of Human Resources

AIHR

designated for the professional education of their employees. According to Janice Burns, Chief People Officer at Degreed , while organizations must balance economic factors and prioritize based on value opportunities, investing in employees’ skills is essential for retention and, ultimately, retaining value for the organization.

article thumbnail

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

AIHR

With the attrition drivers identified, Under Armour was able to make improvements to its employee retention efforts with enhanced people strategies , including incentives and rewards. Incentivize staff to pursue external education and certification in HR data analytics. What is the difference between HRIS and HR analytics?

article thumbnail

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: “Key benefits of DTO include the fact that it increases job satisfaction and improves retention.” There is no limit on the amount of paid time off per year.

ROI 62