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18 Must-Have Onboarding Documents (+ Free Templates)

AIHR

Failing to standardize your onboarding documents hurts new hires and your company. Because undefined or inconsistent onboarding processes can result in a poor employee experience and weaker connections built between your new recruits and your company. When it comes to onboarding, first impressions count. Onboarding 3.

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Why is Compensation Planning a Critical HR Process?

Zenefits

With such a large expense account for employee compensation , a solid compensation strategy is a no-brainer. Proper compensation planning is essential to ensuring you are rewarding the right people for the right input. What are vital considerations in compensation planning? Why is compensation planning critical for HR?

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Your Ultimate HR Compliance Checklist for 2024

AIHR

HR compliance refers to a company’s policies, processes, and procedures that help ensure that work and employment practices adhere to applicable laws and regulations. Background check and reference check compliance : Ensure consistency in administering and applying background checks. This impacts overtime eligibility.

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7 Human Resource Management Basics Every HR Professional Should Know

AIHR

Compensation and benefits 6. Referring to people as ‘human resources’ in the business environment of today can feel weird and outdated. Compensation and benefits Another fundamental component of HR management is compensation and benefits , often called comp & ben. Contents What is Human Resource Management?

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Key Human Resources (HR) Pillars: Your 101 Guide

AIHR

The term refers to: A function : HR as a business function involves processes and strategies for attracting, developing, and retaining talent to ensure company success. A department : The HR department manages all HR activities, including recruitment, onboarding, compensation, development, performance management, and employee relations.

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HR’s Guide to Analyzing and Lowering Attrition Rate

AIHR

It is also referred to as termination , planned or voluntary resignation, structural changes, and layoffs. Employee turnover refers to the rate at which new hires replace employees who leave their companies. Compensation Compensation plays a factor in whether an employee remains or chooses to leave for a higher-paying job.

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8 Stages of Employee Journey That Empower Employees

Vantage Circle

According to statistics , a great employee onboarding experience helps improve retention by 82%. The numbers show that the employee journey, from onboarding to exit, is crucial to an employee's life. "Employee Journey" refers to an employee's full experience with an organization.