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7 Human Resource Management Basics Every HR Professional Should Know

AIHR

Contents What is Human Resource Management? What is a human resource? Compensation and benefits 6. HR Information Systems 7. HR data and analytics How has Human Resource Management changed and evolved? Human Resource Management skills FAQ What is Human Resource Management?

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HR in 2023: Trends to Watch For

Zenefits

The Great Resignation may be waning as the flexible scheduling and compensation strategies are now helping HR professionals retain their employees. In 2022, this included: Out-of-the-box compensation. This past year saw companies like Shopify roll out novel methods for compensating their employees. A respectful, inclusive team?

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

AIHR

Example: Developing an algorithm that predicts what type of onboarding a new hire will need according to their experience and skill level.) 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.

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Employee Retention Metrics: Measuring the Key to a Thriving Workforce

Vantage Circle

Employee retention is pivotal for businesses that cultivate a productive and satisfied workforce. This article explores these employee retention metrics. Understanding Employee Retention Metrics In any performance aspect, knowing the barriers to success is half the battle of overcoming them. What are Employee Retention Metrics?

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HRIS 101: All You Need To Know in 2024

AIHR

Effective HR management without a Human Resources Information System (HRIS) is virtually impossible nowadays, at least for companies of a certain size. Put simply, an HRIS offers basic data and workflow automation. Employee benefits are an essential aspect of compensation and are also managed in this system.

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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: “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.

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