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Succession Planning: Essential Guide for HR

AIHR

Succession planning is essential to ensure critical roles in a company are not left vacant for extended periods or filled by people who don’t have the skills or knowledge to perform in the role. That means that over half of the organizations the surveyed HR professionals work at didn’t have a plan.

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7 Human Resource Management Basics Every HR Professional Should Know

AIHR

Succession planning 5. Compensation and benefits 6. Based on people’s performance and potential ratings, HR and the manager can advise on various development plans in consultation with the employee. Succession planning Succession planning involves planning contingencies in case key employees leave the organization.

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Turnover vs. Attrition: Key Differences Plus How To Calculate Each 

AIHR

Turnover and attrition are two basic HR metrics that companies should monitor on a regular basis. Companies are more likely to retain employees when they feel engaged, productive, and understand how their job plays a role in the company’s overall success. Learn more Employee Turnover Data Analysis: 8 Tips for Success What is attrition?

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From Compliance to Talent Management: The 15 Essential HR Responsibilities

AIHR

Today, HR professionals play critical roles in policy development, onboarding, manager training, employee experience, digitalization, and much more. Growing the business: Workforce planning, recruitment, and selection responsibilities 4. Employee development: Onboarding, training and development responsibilities 5.

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Human Resource Management Career: 15 Career Paths You Can Follow in HRM

AIHR

While HRM will vary depending on the industry and size of the company, it generally involves recruitment, taking care of employees’ wellbeing, training and development, building a positive work culture, managing compensation benefits, and dealing with any employee grievances.

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21 Highest-Paying HR Jobs in 2023

AIHR

Skills required to earn within the 75th percentile: Human resource expertise: Solid HR knowledge of talent acquisition, performance management, compensation and benefits, employee relations, talent development, and workforce planning. They design, implement, and monitor employees’ equity and compensation plans.

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21 HR Roles in an Organization: A 2024 Overview

AIHR

HR uses strategies like strong employer branding , attractive compensation and benefits offerings, and carefully crafted job postings to attract top talent, hire high-potential candidates, and ensure the company has enough qualified employees to complete daily tasks and meet the long-term goals of the organization.